• Walgreens Boots Alliance (WBA +3.9%) has been in talks with large private equity firms about the potential of stitching together a huge leveraged buyout of the retail chain, sources tell Reuters.
• Evercore Partners is working with Walgreens on the exploratory process. If a deal was struck, it would likely be one of the largest leveraged buyouts in history based off Walgreens +$50B market cap.
• Walgreens hasn't issued a comment on the report.
• Volume on Walgreens is over 4X normal activity with two hours of trading to go.
• Previously: Walgreens spikes on report of go-private interest (Nov. 5)