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Walgreens could be sold and split into three businesses, per a new report

The news: Talks of a Walgreens sale to private equity firm Sycamore Partners are heating up again. A take-private deal, though not guaranteed, could divide Walgreens Boots Alliance into three parts, according to a Financial Times report.

Walgreens shares jumped nearly 5% on the heels of the latest rumor.

How a Sycamore-Walgreens deal could play out: Sycamore would first take Walgreens private before splitting the retailer’s three company segments into distinct units, per FT. Those three businesses under WBA are as follows:

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