BrightSpring Health (BTSG) announced that investment funds managed by KKR, an existing shareholder of BrightSpring, have entered into an agreement with Walgreens (WBA) to purchase 11,619,998 shares of BrightSpring’s common stock from WBA in a private transaction. The transaction was negotiated directly between KKR and WBA, with KKR making the investment through its private equity funds. BrightSpring is not issuing or selling any shares of common stock in connection with the transaction, which is expected to close on or about September 16.
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