Walgreens and VillageMD: Major Strategic Changes Loom as Backer Eyes Exit

In a significant turn of events, Walgreens Boots Alliance is reportedly preparing for a major transition involving its investment in VillageMD, a healthcare provider focused on primary care services. With a valuation exceeding $1 billion, VillageMD is currently seeking new advisers as its primary backer, the private equity firm Summit Partners, pursues an exit strategy amidst a shifting landscape in the healthcare sector.

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