Citi, Goldman Sachs, JPMorgan, UBS, and Wells Fargo are among the banks putting together $12B funding packages for Sycamore Partners to take Walgreens Boots Alliance (WBA) private, Claire Ruckin of Bloomberg reports, citing people familiar with the matter. Other banks are expected to join the lender group, the sources added. Shares of Walgreens are up 8% to $11.11 in midday trading.
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