BrightSpring Health Announces That Investment Funds Managed By KKR & Co. And Its Subsidiaries Have Entered Into An Agreement With Walgreen Co. To Purchase 11,619,998 Shares Of BrightSpring's Common Stock From WBA In A Private Transaction

Author: Benzinga Newsdesk | September 13, 2024 04:01pm

BrightSpring Health Services ("BrightSpring" or the "Company") (NASDAQ:BTSG), a leading provider of home and community-based health services for complex populations, today announced that investment funds managed by KKR & Co. Inc. and its subsidiaries ("KKR"), an existing shareholder of BrightSpring, have entered into an agreement with Walgreen Co. ("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, 2024.

Posted In: BTSG KKR WBA