Shares of Walgreens Boots Alliance (WBA) rose Tuesday premarket after the Wall Street Journal reported that Sycamore Partners was closing in on a deal to acquire the U.S. pharmacy chain for about $10 billion.

Sycamore Partners is nearing an acquisition of Walgreens Boots Alliance Inc., people with knowledge of the matter said, in a deal that could end the drugstore operator’s tumultuous run as a public company.

Sycamore Partners is nearing an acquisition of Walgreens Boots Alliance in a deal that could end the Deerfield-based drugstore operator’s tumultuous run as a public company.

Walgreens Boots Alliance shares are jumping in premarket trading Tuesday, on a report that the troubled drugstore chain is nearing a deal with Sycamore Partners to be taken private for around $10 billion.

Walgreens Boots Alliance (WBA) shares jumped over 5% in after-hours trading on Monday following a Wall Street Journal report that private equity firm Sycamore Partners is nearing a $10 billion buyout of the healthcare and retail pharmacy chain.

Walgreens Boots Alliance Inc. (NASDAQ: WBA) is reportedly close to a $10 billion buyout deal with private equity firm Sycamore Partners, according to The Wall Street Journal. The deal, which could be finalized by Thursday,