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    Amendment: SEC Form SCHEDULE 13D/A filed by Walgreens Boots Alliance Inc.

    4/29/25 9:57:03 PM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
    Consumer Staples
    Get the next $WBA alert in real time by email



    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549


    SCHEDULE 13D

    Under the Securities Exchange Act of 1934

    (Amendment No. 10)


    WALGREENS BOOTS ALLIANCE, INC.

    (Name of Issuer)


    Common Stock, par value $0.01 per share

    (Title of Class of Securities)


    931427108

    (CUSIP Number)


    Simone Retter
    Alliance Sante Participations S.A., 14, avenue du X Septembre
    Luxembourg, N4, L-2550
    011 352 27 99 01 03


    Ben Burman
    Ben Burman Avocat EURL, 69, avenue Victor Hugo
    Paris, I0, 75116
    011 33 1 45 02 19 19

    (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
    04/27/2025

    (Date of Event Which Requires Filing of This Statement)


    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox not checked

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






    SCHEDULE 13D

    CUSIP No.
    931427108


    1 Name of reporting person

    Alliance Sante Participations S.A.
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    AF, WC
    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    LUXEMBOURG
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    0.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    0.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    0.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    0 %
    14Type of Reporting Person (See Instructions)

    CO

    Comment for Type of Reporting Person:
    The calculation in line 13 is based on 864,737,898 shares of Common Stock, par value $0.01 per share, outstanding as of April 1, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q for the period ended February 28, 2025 filed with the Securities and Exchange Commission on April 8, 2025.


    SCHEDULE 13D

    CUSIP No.
    931427108


    1 Name of reporting person

    NewCIP II S.a r.l.
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    AF
    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    LUXEMBOURG
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    0.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    0.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    0.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    0 %
    14Type of Reporting Person (See Instructions)

    CO

    Comment for Type of Reporting Person:
    The calculation in line 13 is based on 864,737,898 shares of Common Stock, par value $0.01 per share, outstanding as of April 1, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q for the period ended February 28, 2025 filed with the Securities and Exchange Commission on April 8, 2025.


    SCHEDULE 13D

    CUSIP No.
    931427108


    1 Name of reporting person

    Alliance Sante Participations Ltd.
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    AF
    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    CAYMAN ISLANDS
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    145,621,079.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    145,621,079.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    145,621,079.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    16.8 %
    14Type of Reporting Person (See Instructions)

    CO

    Comment for Type of Reporting Person:
    The calculation in line 13 is based on 864,737,898 shares of Common Stock, par value $0.01 per share, outstanding as of April 1, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q for the period ended February 28, 2025 filed with the Securities and Exchange Commission on April 8, 2025.


    SCHEDULE 13D

    CUSIP No.
    931427108


    1 Name of reporting person

    Stefano Pessina
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    AF, PF
    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    MONACO
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    147,615,089.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    147,615,089.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    147,615,089.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    17.1 %
    14Type of Reporting Person (See Instructions)

    IN

    Comment for Type of Reporting Person:
    The calculation in line 13 is based on 864,737,898 shares of Common Stock, par value $0.01 per share, outstanding as of April 1, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q for the period ended February 28, 2025 filed with the Securities and Exchange Commission on April 8, 2025.


    SCHEDULE 13D

    Item 1.Security and Issuer
    (a)Title of Class of Securities:

    Common Stock, par value $0.01 per share
    (b)Name of Issuer:

    WALGREENS BOOTS ALLIANCE, INC.
    (c)Address of Issuer's Principal Executive Offices:

    108 Wilmot Road, Deerfield, ILLINOIS , 60015.
    Item 1 Comment:
    This Amendment No. 10 to Schedule 13D (this "Amendment No. 10") is being filed by the Reporting Persons (as defined below) and relates to the shares of common stock, par value $0.01 per share (the "Common Stock"), of Walgreens Boots Alliance, Inc., a Delaware corporation (the "Issuer"). This Amendment No. 10 amends and supplements the Schedule 13D filed by the Reporting Persons with the United States Securities and Exchange Commission (the "SEC") on December 31, 2014, as amended by Amendment No. 1 to Schedule 13D filed by the Reporting Persons with the SEC on January 20, 2015, by Amendment No. 2 to Schedule 13D filed by the Reporting Persons with the SEC on December 31, 2015, by Amendment No. 3 to Schedule 13D filed by the Reporting Persons with the SEC on November 4, 2016, by Amendment No. 4 to Schedule 13D filed by the Reporting Persons with the SEC on January 17, 2018, by Amendment No. 5 to Schedule 13D filed by the Reporting Persons with the SEC on July 17, 2018, by Amendment No. 6 to Schedule 13D filed by the Reporting Persons with the SEC on November 5, 2019, by Amendment No. 7 to Schedule 13D filed by the Reporting Persons with the SEC on December 17, 2019, by Amendment No. 8 to Schedule 13D filed by the Reporting Persons with the SEC on July 27, 2020, and by Amendment No. 9 to Schedule 13D filed by the Reporting Persons with the SEC on March 7, 2025 (as so amended, the "Existing Schedule 13D"). Capitalized terms used in this Amendment No. 10 but not otherwise defined herein shall have the meanings ascribed to them in the Existing Schedule 13D. Except as specifically amended hereby, items in the Existing Schedule 13D remain unmodified. This Amendment No. 10 constitutes an exit filing for ASP (as defined below) and NewCIP II (as defined below). As further described in this Amendment No. 10, ASP has sold and transferred all of its shares of Common Stock of the Issuer to ASP Cayman and Pessina (as defined below) has sold all of his shares of Common Stock of the Issuer to ASP Cayman. As a result, ASP and NewCIP II have ceased to have beneficial ownership of any shares of Common Stock of the Issuer. Pessina holds 100% voting control over ASP Cayman and therefore may be deemed to be the beneficial owner of the shares of Common Stock of the Issuer held directly and of record by ASP Cayman. As ASP (as well as NewCIP II) will no longer be a Reporting Person future amendments will be filed by ASP Cayman under its file number (CIK 0002029286).
    Item 2.Identity and Background
    (a)
    Item 2(a) of the Existing Schedule 13D is amended and restated in its entirety as follows: This Amendment No. 10 is being filed by: (i) Alliance Sante Participations S.A., a Luxembourg corporation (societe anonyme) with a registered address at 14, avenue du X Septembre, L-2550 Luxembourg and registered with the Luxembourg Registry of Companies and Commerce under B 51280 ("ASP"); (ii) NewCIP II S.a r.l., a Luxembourg limited liability company (societe a responsabilite limitee) with a registered address at 14, avenue du X Septembre, L-2550 Luxembourg and registered with the Luxembourg Registry of Companies and Commerce under B 240668 ("NewCIP II"); (iii) Alliance Sante Participations Ltd., an exempted company incorporated in the Cayman Islands with limited liability (Registration No. 411380) with a registered address at 3rd Floor, Citrus Grove, 106 Goring Avenue, George Town, PO Box 10085, Grand Cayman, KY1-1001, Cayman Islands ("ASP Cayman"); and (iv) Stefano Pessina, a citizen of Monaco ("Pessina"). ASP, NewCIP II, ASP Cayman and Pessina are collectively referred to herein as the "Reporting Persons". In the Existing Schedule 13D (from Amendment No. 3 through Amendment No. 9) references to the "Reporting Persons" include ASP, NewCIP II and/or NEWCIP S.a r.l. (the former parent of ASP) and Pessina, which persons are collectively referred to in the Existing Schedule 13D (through and including Amendment No. 2) as the "Pessina Reporting Persons". NewCIP II is the sole shareholder of ASP. ASP Cayman is the sole shareholder of NewCIP II. Pessina holds directly 100% voting control over ASP Cayman. Attached as Annex A, filed as Exhibit AB hereto and incorporated herein by reference is a list containing the (a) name, (b) residence or business address, (c) present principal occupation or employment and the name and principal business address of any corporation or other organization in which such employment is conducted, and (d) citizenship, in each case of each director and executive officer of the Reporting Persons, as applicable.
    (b)
    Item 2(b) of the Existing Schedule 13D is amended and restated in its entirety as follows: The principal business address of ASP and NewCIP II is at 14, avenue du X Septembre, L-2550 Luxembourg, Grand Duchy of Luxembourg. The business address of ASP Cayman is at 3rd Floor, Citrus Grove, 106 Goring Avenue, George Town, PO Box 10085, Grand Cayman, KY1-1001, Cayman Islands. The business address of Pessina is at 24 Boulevard du Tenao, Monte Carlo, 98000 Monaco.
    (c)
    Item 2(c) of the Existing Schedule 13D is amended and restated in its entirety as follows: The principal business of ASP, NewCIP II, and ASP Cayman is the holding of investments. The principal business occupation of Pessina is as the Chairman of the Board of the Issuer.
    (d)
    Item 2(d) of the Existing Schedule 13D is amended and restated in its entirety as follows: During the last five years, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, any of the persons listed in Annex A has been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors).
    (e)
    Item 2(e) of the Existing Schedule 13D is amended and restated in its entirety as follows: During the last five years, none of the Reporting Persons nor, to the knowledge of the Reporting Persons, any of the persons listed in Annex A has been a party to a civil proceeding of any judicial or administrative body of competent jurisdiction as a result of which such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding of any violation with respect to such laws.
    (f)
    Item 2(f) of the Existing Schedule 13D is amended and restated in its entirety as follows: ASP and NewCIP II are incorporated under the laws of Luxembourg. ASP Cayman is incorporated under the laws of the Cayman Islands. Pessina is a citizen of Monaco.
    Item 3.Source and Amount of Funds or Other Consideration
     
    Item 3 of the Existing Schedule 13D is hereby amended and supplemented by adding the following at the end thereof: Effective April 27, 2025, pursuant to a share purchase agreement, dated that same date, by and between ASP, as seller, and ASP Cayman, as purchaser (the "ASP SPA"), ASP sold and transferred to ASP Cayman 144,788,821 shares of Common Stock of the Issuer, being all the shares of Common Stock of the Issuer held of record by ASP immediately prior to the transfer (the "ASP Sale"). The price paid per share was $11.01 (being the closing price for a share of Common Stock of the Issuer on the Nasdaq stock market on April 25, 2025, the last trading day before the sale) for an aggregate purchase price of $1,594,124,919.21. In payment of the purchase price, ASP Cayman issued and delivered to ASP an unsecured promissory note in the principal amount of EUR 1,402,661,609.51, being the US dollar purchase price converted into euros at the then-current exchange rate (the "ASP Promissory Note"). Also effective April 27, 2025, pursuant to a share purchase agreement, dated that same date, by and between Pessina, as seller, and ASP Cayman, as purchaser (the "Pessina SPA"), Pessina sold and transferred to ASP Cayman 832,258 shares of Common Stock of the Issuer, being all the shares of Common Stock of the Issuer held of record by Pessina immediately prior to the transfer (the "Pessina Sale" and together with the ASP Sale, the "Transfers"). The price paid per share was $11.01 (being the closing price for a share of Common Stock of the Issuer on the Nasdaq Stock Market on April 25, 2025, the last trading day before the sale) for an aggregate purchase price of $9,163,160.58. In payment of the purchase price, ASP Cayman issued and delivered to Pessina an unsecured promissory note in the principal amount of $9,163,160.58 (the "Pessina Promissory Note"). The foregoing description of the ASP SPA, Pessina SPA, ASP Promissory Note and Pessina Promissory Note does not purport to be complete and is qualified in its entirety by reference to the ASP SPA, Pessina SPA, ASP Promissory Note and Pessina Promissory Note, each of which is attached hereto as Exhibit S, Exhibit T, Exhibit U and Exhibit V, respectively, to this Amendment No. 10 and is hereby incorporated into this Item 3 by reference.
    Item 4.Purpose of Transaction
     
    Item 4 of the Existing Schedule 13D is hereby amended and supplemented by adding the following at the end thereof: In connection with the Transfers, on April 27, 2025, the Saturn Investors, Parent, Merger Sub, Pessina, ASP and ASP Cayman entered into a joinder agreement to the Interim Investors Agreement (the "IIA Joinder Agreement"), pursuant to which, among other things, (i) ASP Cayman agreed to become a party to, to be bound by, and to comply with all the terms and provisions of the Interim Investors Agreement applicable to the SP Investors in the same manner as if ASP Cayman were an original signatory to the Interim Investors Agreement and (ii) without limiting the foregoing, ASP Cayman assumed the obligations of the SP Investors with respect to the shares of Common Stock of the Issuer sold to ASP Cayman pursuant to the Transfers and agreed to be bound by all the terms of and obligations under the Interim Investors Agreement, the Voting Agreement and the Reinvestment Agreement. Capitalized terms used in this paragraph and not defined in this Amendment No. 10 or the Existing Schedule 13D shall have the meanings ascribed to them in the Interim Investors Agreement. The foregoing description of the IIA Joinder Agreement does not purport to be complete and is qualified in its entirety by reference to the IIA Joinder Agreement, which is attached as Exhibit W to this Amendment No. 10 and is hereby incorporated into this Item 4 by reference. In connection with the Transfers, on April 27, 2025, the Issuer, Pessina, ASP, ASP Cayman and Parent entered into a joinder agreement to the Voting Agreement (the "VA Joinder Agreement"), pursuant to which, among other things, (i) ASP Cayman agreed to become a party to, to be bound by, and to comply with all the terms and provisions of the Voting Agreement applicable to Pessina and ASP in the same manner as if ASP Cayman were an original signatory to the Voting Agreement and (ii) without limiting the foregoing, ASP Cayman assumed the obligations of Pessina and ASP with respect to the shares of Common Stock of the Issuer sold to ASP Cayman pursuant to the Transfers, including the obligation to vote such shares in the manner set forth in the Voting Agreement. Capitalized terms used in this paragraph and not defined in this Amendment No. 10 or the Existing Schedule 13D shall have the meanings ascribed to them in the Voting Agreement. The foregoing description of the VA Joinder Agreement does not purport to be complete and is qualified in its entirety by reference to the VA Joinder Agreement, which is attached as Exhibit X to this Amendment No. 10 and is hereby incorporated into this Item 4 by reference. In connection with the Transfers, on April 27, 2025, Pessina, ASP, ASP Cayman and Parent entered into a joinder agreement to the Reinvestment Agreement (the "RA Joinder Agreement"), pursuant to which, among other things, (i) ASP Cayman agreed to become a party to, to be bound by, and to comply with all the terms and provisions of the Reinvestment Agreement applicable to Pessina and ASP in the same manner as if ASP Cayman were an original signatory to the Voting Agreement and (ii) without limiting the foregoing, ASP Cayman assumed the obligations of Pessina and ASP with respect to the shares of Common Stock of the Issuer sold to ASP Cayman pursuant to the Transfers, including the obligation to consummate, subject to the terms and conditions of the Reinvestment Agreement and the Merger Agreement, the Reinvestment and to purchase the Topco Interests. Capitalized terms used in this paragraph and not defined in this Amendment No. 10 or the Existing Schedule 13D shall have the meanings ascribed to them in the Reinvestment Agreement. The foregoing description of the RA Joinder Agreement does not purport to be complete and is qualified in its entirety by reference to the RA Joinder Agreement, which is attached as Exhibit Y to this Amendment No. 10 and is hereby incorporated into this Item 4 by reference. In connection with the Transfers, on April 27, 2025, the Issuer, Pessina, ASP and ASP Cayman entered into a joinder agreement to the Company Shareholders Agreement (the "SHA Joinder Agreement"), pursuant to which, among other things, ASP Cayman agreed to become a party to, to be bound by, and to comply with all the terms and provisions of the Company Shareholders Agreement applicable to an "SP Investor" in the same manner as if ASP Cayman were an original signatory to the Company Shareholders Agreement. Capitalized terms used in this paragraph and not defined in this Amendment No. 10 or the Existing Schedule 13D shall have the meanings ascribed to them in the Company Shareholders Agreement. The foregoing description of the SHA Joinder Agreement does not purport to be complete and is qualified in its entirety by reference to the SHA Joinder Agreement, which is attached as Exhibit Z to this Amendment No. 10 and is hereby incorporated into this Item 4 by reference.
    Item 5.Interest in Securities of the Issuer
    (a)
    Item 5(a) of the Existing Schedule 13D is hereby amended and restated in its entirety to read as follows: The Reporting Persons beneficially own an aggregate of 147,615,089 shares of Common Stock, which represent, in the aggregate, approximately, 17.1% of the outstanding shares of Common Stock. Of these: (i) 145,621,079 shares of Common Stock are held directly and of record by ASP Cayman; and (ii) 1,994,010 shares of Common Stock are subject to employee stock options granted to, and held of record by, Pessina that are exercisable as of, or within 60 days after, the date of this Amendment No. 10. All such stock options are "out-of-the-money" having exercise prices in excess of US$ 10.96, being the closing price on April 28, 2025, the trading day immediately preceding the date of this Amendment. The number does not include 1,317,544 shares of Common Stock underlying restricted stock units awarded to Pessina (being 1,223,633 shares underlying restricted stock units awarded to Pessina and 93,911 shares underlying restricted stock units issued in lieu of dividends on outstanding restricted stock units). The shares of Common Stock underlying these restricted stock units vest with respect to 207,039 shares (plus 35,644 shares underlying restricted stock units issued in lieu of dividends on such shares) on November 1, 2025, with respect to 374,883 shares (plus 39,742 shares underlying restricted stock units issued in lieu of dividends on such shares) on November 1, 2026, and with respect to 641,711 shares (plus 18,525 shares underlying restricted stock units issued in lieu of dividends on such shares) on November 1, 2027, subject to acceleration or forfeiture in certain circumstances in accordance with the terms and conditions of their award. As a result of the Transfers, ASP and NewCIP II beneficially own in aggregate 0 shares of Common Stock, which represent 0% of the outstanding shares of Common Stock. The number of shares of Common Stock beneficially owned by the persons listed in Annex A is set forth therein and is incorporated herein by reference. The ownership percentages set forth above are based on 864,737,898 shares of Common Stock outstanding as of April 1, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q for the period ended February 28, 2025 filed with the SEC on April 8, 2025.
    (b)
    Item 5(b) of the Existing Schedule 13D is hereby amended and restated in its entirety to read as follows: ASP Cayman has the sole power to vote and the sole power to dispose of the 145,621,079 shares of Common Stock held directly and of record by ASP Cayman, which shares represent approximately 16.8% of the outstanding shares of Common Stock. Pessina holds 100% voting control over ASP Cayman and as the sole holder of all the outstanding Class A Redeemable Voting Preference Shares of ASP Cayman, pursuant to the Articles of Association of ASP Cayman, Pessina has the sole power to determine (i) the manner in which the shares of Common Stock owned of record by ASP Cayman shall be voted on any matter and (ii) the transfer or other disposition of any shares of Common Stock owned by ASP Cayman. Accordingly, Pessina may be deemed to be the beneficial owner of the 145,621,079 shares of Common Stock held directly and of record by ASP Cayman. In addition, on their exercise, Pessina would have the sole power to vote and the sole power to dispose of the 1,994,010 shares of Common Stock that are subject to the employee stock options he holds, which shares represent approximately 0.2% of the outstanding shares of Common Stock. The information with respect to the voting and dispositive power of the shares of Common Stock beneficially owned by the persons listed in Annex A is set forth therein and is incorporated herein by reference. The ownership percentages set forth above are based on 864,737,898 shares of Common Stock outstanding as of April 1, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q for the period ended February 28, 2025 filed with the SEC on April 8, 2025.
    (c)
    Item 5(c) of the Existing Schedule 13D is hereby amended and restated in its entirety to read as follows: Other than as described elsewhere in this Schedule 13D (including the information in Item 3 which is incorporated herein by reference), the Reporting Persons and, to the knowledge of the Reporting Persons, the persons listed in Annex A hereto have effected no transactions in shares of Common Stock since the filing of Amendment No. 9 on March 7, 2025.
    (d)
    Item 5(d) of the Existing Schedule 13D is hereby amended and restated in its entirety to read as follows: Other than the Reporting Persons and the persons listed in Annex A hereto, no other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the Reporting Persons' securities or, to the knowledge of the Reporting Persons, the securities of the persons listed in Annex A hereto, respectively.
    (e)
    Item 5(e) of the Existing Schedule 13D is hereby amended and restated in its entirety to read as follows: As a result of the Transfers, as of April 27, 2025, ASP and NewCIP II ceased to be beneficial owners of more than five percent of the shares of Common Stock and ceased to be the beneficial owner of any shares of Common Stock.
    Item 6.Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
     
    Item 6 of the Existing Schedule 13D is hereby amended and supplemented by adding the following at the end thereof: The information set forth in Item 3 and Item 4 of this Amendment No. 10 is hereby incorporated herein by reference.
    Item 7.Material to be Filed as Exhibits.
     
    Item 7 of the Existing Schedule 13D is hereby amended and supplemented by adding the following at the end thereof: Exhibit S: Share Purchase Agreement, dated April 27, 2025, by and between Alliance Sante Participations S.A., as seller, and Alliance Sante Participations Ltd., as purchaser. Exhibit T: Share Purchase Agreement, dated April 27, 2025, by and between Stefano Pessina, as seller, and Alliance Sante Participations Ltd., as purchaser. Exhibit U: Promissory Note of Alliance Sante Participations Ltd., dated April 27, 2025, having a principal amount of EUR 1,402,661,609.51. Exhibit V: Promissory Note of Alliance Sante Participations Ltd., dated April 27, 2025, having a principal amount of USD 9,163,160.58. Exhibit W: Joinder Agreement to Interim Investors Agreement, dated April 27, 2025, by and among Alliance Sante Participations Ltd. and the other parties thereto. Exhibit X: Joinder Agreement to Voting Agreement, dated April 27, 2025, by and among Alliance Sante Participations Ltd. and the other parties thereto. Exhibit Y: Joinder Agreement to Reinvestment Agreement, dated April 27, 2025, by and among Alliance Sante Participations Ltd. and the other parties thereto. Exhibit Z: Joinder Agreement to Company Shareholders Agreement, dated April 27, 2025, by and among Alliance Sante Participations Ltd. and the other parties thereto. Exhibit AA: Joint Filing Agreement, dated April 29, 2025, by and among, Alliance Sante Participations S.A., NewCIP II S.a r.l., Alliance Sante Participations Ltd. and Stefano Pessina. Exhibit AB: Annex A to Amendment No. 10.

        SIGNATURE 
     
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     
    Alliance Sante Participations S.A.
     
    Signature:/s/ Simone Retter
    Name/Title:Simone Retter/President (Chairman)
    Date:04/29/2025
     
    Signature:/s/ Stefano Pessina
    Name/Title:Stefano Pessina/Administrateur (Director)
    Date:04/29/2025
     
    NewCIP II S.a r.l.
     
    Signature:/s/ Simone Retter
    Name/Title:Simone Retter/Gerant (Manager)
    Date:04/29/2025
     
    Signature:/s/ Stefano Pessina
    Name/Title:Stefano Pessina/Gerant (Manager)
    Date:04/29/2025
     
    Alliance Sante Participations Ltd.
     
    Signature:/s/ Stefano Pessina
    Name/Title:Stefano Pessina/Director
    Date:04/29/2025
     
    Signature:/s/ Ben Burman
    Name/Title:Ben Burman/Director
    Date:04/29/2025
     
    Stefano Pessina
     
    Signature:/s/ Stefano Pessina
    Name/Title:Stefano Pessina
    Date:04/29/2025
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    7/3/2023$37.00 → $27.00Underweight
    Morgan Stanley
    6/28/2023$46.00 → $34.00Buy → Hold
    Deutsche Bank
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    $WBA
    SEC Filings

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    SEC Form 15-12G filed by Walgreens Boots Alliance Inc.

    15-12G - Walgreens Boots Alliance, Inc. (0001618921) (Filer)

    9/8/25 1:00:15 PM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
    Consumer Staples

    SEC Form SCHEDULE 13G filed by Walgreens Boots Alliance Inc.

    SCHEDULE 13G - Walgreens Boots Alliance, Inc. (0001618921) (Subject)

    9/4/25 5:30:45 PM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
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    SEC Form S-8 POS filed by Walgreens Boots Alliance Inc.

    S-8 POS - Walgreens Boots Alliance, Inc. (0001618921) (Filer)

    8/28/25 3:46:00 PM ET
    $WBA
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    $WBA
    Insider Purchases

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    Executive Chairman of Board Pessina Stefano sold $9,163,161 worth of shares (832,258 units at $11.01) and bought $9,163,161 worth of shares (832,258 units at $11.01), decreasing direct ownership by 56% to 657,308 units (SEC Form 4)

    4 - Walgreens Boots Alliance, Inc. (0001618921) (Issuer)

    4/29/25 8:49:21 PM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
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    Bhandari Inderpal S bought $54,150 worth of shares (3,000 units at $18.05) (SEC Form 4)

    4 - Walgreens Boots Alliance, Inc. (0001618921) (Issuer)

    4/15/24 5:45:26 PM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
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    Mahajan Manmohan bought $116,280 worth of shares (6,000 units at $19.38) (SEC Form 4)

    4 - Walgreens Boots Alliance, Inc. (0001618921) (Issuer)

    4/2/24 6:40:23 PM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
    Consumer Staples

    $WBA
    Press Releases

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    Walgreen Co. To Operate as Private Standalone Company Following Acquisition By Sycamore Partners

    Appoints Mike Motz as Chief Executive Officer Walgreen Co. ("Walgreens", or the "Company"), America's leading independent retail pharmacy, announced today that it is now operating as a private standalone company following its acquisition by Sycamore Partners ("Sycamore"), a leading private equity firm based in New York. Sycamore is acquiring the business in partnership with Stefano Pessina and his family, who have reinvested 100% of their interests in Walgreens, demonstrating their ongoing support and confidence in the Company's future. Mike Motz has been appointed as Chief Executive Officer of Walgreens effective immediately. Motz was formerly CEO of Staples US Retail, a Sycamore por

    8/28/25 8:31:00 AM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
    Consumer Staples

    Sycamore Partners Completes Acquisition of Walgreens Boots Alliance

    Sycamore Partners ("Sycamore") announced today that it has completed its acquisition of Walgreens Boots Alliance, Inc. (the "Company" or "WBA"). Sycamore is acquiring the business in partnership with Stefano Pessina and his family, who have reinvested 100% of their interests in WBA, demonstrating their ongoing support and confidence in the Company's future. Stefan Kaluzny, Managing Director of Sycamore, said, "Walgreens Boots Alliance, Inc., its companies and its dedicated team members play an essential role in the communities they serve around the world. We look forward to partnering with the management teams at each company, including Walgreens, The Boots Group, Shields Health Solutio

    8/28/25 8:30:00 AM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
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    Blazing Star Merger Sub, Inc. announces final results for the previously announced Tender Offer and Consent Solicitation for any and all Walgreens Boots Alliance, Inc.'s 3.600% senior notes due 2025, 2.125% senior notes due 2026, 3.450% notes due 2026, 8.125% notes due 2029, 3.200% Notes due 2030, 4.500% senior notes due 2034, 4.800% senior notes due 2044, 4.650% notes due 2046 and 4.100% Notes due 2050, and any and all of Walgreen Co.'s 4.400% notes due 2042

    NEW YORK, Aug. 27, 2025 /PRNewswire/ -- Blazing Star Merger Sub, Inc. (the "Offeror" announced today the final results as of 5:00 p.m. (New York City time) on August 27, 2025 (the "Expiration Time"), for the previously announced cash tender offers (each, an "Offer" and, collectively, the "Tender Offer") for any and all of Walgreens Boots Alliance, Inc.'s (NASDAQ:WBA) ("WBA") outstanding (1) 3.600% senior notes due 2025 (the "2025 Notes"), (2) 2.125% senior notes due 2026 (the "2.125% 2026 Notes"), (3) 3.450% notes due 2026 (the "3.450% 2026 Notes"), (4) 8.125% notes due 2029 (the "2029 Notes"), (5) 3.200% notes due 2030 (the "2030 Notes"), (6) 4.500% senior notes due 2034 (the "2034 Notes"),

    8/27/25 7:10:00 PM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
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    $WBA
    Analyst Ratings

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    Walgreens Boots Alliance downgraded by Deutsche Bank with a new price target

    Deutsche Bank downgraded Walgreens Boots Alliance from Hold to Sell and set a new price target of $9.00 from $11.00 previously

    2/28/25 7:36:45 AM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
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    Leerink Partners initiated coverage on Walgreens Boots Alliance with a new price target

    Leerink Partners initiated coverage of Walgreens Boots Alliance with a rating of Market Perform and set a new price target of $23.00

    2/26/24 8:28:07 AM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
    Consumer Staples

    Walgreens Boots Alliance downgraded by HSBC Securities

    HSBC Securities downgraded Walgreens Boots Alliance from Hold to Reduce

    2/20/24 10:23:30 AM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
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    $WBA
    FDA approvals

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    September 12, 2023 - FDA Issues Warning Letters to Firms Marketing Unapproved Eye Products

    For Immediate Release: September 12, 2023 The U.S. Food and Drug Administration has issued warning letters to eight companies for manufacturing or marketing unapproved ophthalmic drug products in violation of federal law. These warning letters are part of the agency’s ongoing effort to protect Americans from potentially harmful ophthalmic products. Eye products addressed in the eight warning letters are illegal

    9/12/23 10:44:21 AM ET
    $WBA
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    $WBA
    Insider Trading

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    SVP Chief Corp Affairs Officer Fabbri Beth Amber L. returned 124,670 shares to the company, closing all direct ownership in the company (SEC Form 4)

    4 - Walgreens Boots Alliance, Inc. (0001618921) (Issuer)

    8/28/25 3:27:11 PM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
    Consumer Staples

    EVP and Global CFO Mahajan Manmohan returned 414,273 shares to the company, closing all direct ownership in the company (SEC Form 4)

    4 - Walgreens Boots Alliance, Inc. (0001618921) (Issuer)

    8/28/25 3:26:55 PM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
    Consumer Staples

    EVP, Global CLO & Corp. Sec. Minnix Lanesha returned 348,093 shares to the company, closing all direct ownership in the company (SEC Form 4)

    4 - Walgreens Boots Alliance, Inc. (0001618921) (Issuer)

    8/28/25 3:26:30 PM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
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    $WBA
    Leadership Updates

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    Walgreen Co. To Operate as Private Standalone Company Following Acquisition By Sycamore Partners

    Appoints Mike Motz as Chief Executive Officer Walgreen Co. ("Walgreens", or the "Company"), America's leading independent retail pharmacy, announced today that it is now operating as a private standalone company following its acquisition by Sycamore Partners ("Sycamore"), a leading private equity firm based in New York. Sycamore is acquiring the business in partnership with Stefano Pessina and his family, who have reinvested 100% of their interests in Walgreens, demonstrating their ongoing support and confidence in the Company's future. Mike Motz has been appointed as Chief Executive Officer of Walgreens effective immediately. Motz was formerly CEO of Staples US Retail, a Sycamore por

    8/28/25 8:31:00 AM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
    Consumer Staples

    Interactive Brokers Group Set to Join S&P 500, Talen Energy to Join S&P MidCap 400 and Kinetik Holdings to Join S&P SmallCap 600

    NEW YORK, Aug. 25, 2025 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600: S&P MidCap 400 constituent Interactive Brokers Group Inc. (NASD: IBKR) will replace Walgreens Boots Alliance Inc. (NASD: WBA) in the S&P 500, and Talen Energy Corp. (NASD: TLN) will replace Interactive Brokers Group in the S&P MidCap 400 effective prior to the opening of trading on Thursday, August 28. Sycamore Partners is acquiring Walgreens Boots Alliance in a deal expected to be completed soon, pending final closing conditions.  Kinetik Holdings Inc. (NYSE:KNTK) will replace Pacific Premier Bancorp Inc. (NASD: PPBI) in the S&P SmallCap 600 ef

    8/25/25 5:41:00 PM ET
    $COLB
    $IBKR
    $KNTK
    Major Banks
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    Walgreens Appoints Jason Stenta as SVP and Chief Commercial Officer

    Stenta will lead B2B commercial growth strategy as the company strengthens its role as the first choice for community pharmacy and health services in the U.S. Walgreens, an integrated healthcare, pharmacy and retail leader serving millions of customers and patients every day, today announced the appointment of Jason Stenta as SVP and chief commercial officer. In this new role, Stenta will lead the company's commercial growth strategy, driving development and commercialization of B2B healthcare services built on the company's core assets, and enhancing partnerships with payers, health system providers and life sciences companies. This press release features multimedia. View the full release

    10/7/24 8:00:00 AM ET
    $WBA
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    $WBA
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    Walgreens Boots Alliance Shareholders Overwhelmingly Approve Transaction with Sycamore Partners

    Transaction expected to close in the third or fourth quarter of calendar year 2025 Walgreens Boots Alliance, Inc. (NASDAQ:WBA) (the "Company" or "WBA") today announced that at the Company's Special Meeting of Shareholders (the "Special Meeting"), WBA shareholders approved the previously announced acquisition of the Company by entities affiliated with Sycamore Partners Management, L.P. ("Sycamore"). According to the preliminary results, approximately 96% of votes cast at the Special Meeting by all shareholders were voted in favor of the merger agreement proposal. In addition, approximately 95% of the votes cast at the Special Meeting by unaffiliated shareholders were voted in favor of th

    7/11/25 9:59:00 AM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
    Consumer Staples

    Walgreens Boots Alliance Reports Fiscal 2025 Third Quarter Results

    Third quarter financial results Third quarter loss per share1 was $0.20 compared to earnings per share of $0.40 in the year-ago quarter. The decline in earnings per share was primarily driven by prior year after-tax gains related to fair value adjustments on variable prepaid forward derivatives and a partial sale of the Company's equity method investment in Cencora, and higher tax expense in the current quarter. Adjusted earnings per share (EPS)2 was $0.38 compared to adjusted EPS2 of $0.63 in the year-ago quarter. The decline in adjusted EPS2 was primarily driven by a higher adjusted effective tax rate2, higher incentive accruals, lower U.S. retail sales and lower equity earnings in

    6/26/25 7:00:00 AM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
    Consumer Staples

    Walgreens Boots Alliance Reports Fiscal 2025 Second Quarter Results

    Second quarter financial results Second quarter loss per share1 was $3.30 compared to loss per share of $6.85 in the year-ago quarter. Second quarter results include $4.2 billion of non-cash impairment charges attributable to WBA, net of tax and non-controlling interest, related to goodwill, intangible and other long-lived assets primarily at U.S. Retail Pharmacy and VillageMD, and $1.0 billion of after-tax gains related to asset monetization activities. Adjusted earnings per share (EPS)2 was $0.63 compared to adjusted EPS2 of $1.20 in the year-ago quarter. The decline in adjusted EPS2 was primarily driven by prior year adjusted effective tax benefit2, lower U.S. retail sales and prior

    4/8/25 7:00:00 AM ET
    $WBA
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    $WBA
    Large Ownership Changes

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    Amendment: SEC Form SC 13G/A filed by Walgreens Boots Alliance Inc.

    SC 13G/A - Walgreens Boots Alliance, Inc. (0001618921) (Subject)

    10/18/24 12:45:41 PM ET
    $WBA
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    Amendment: SEC Form SC 13D/A filed by Walgreens Boots Alliance Inc.

    SC 13D/A - Walgreens Boots Alliance, Inc. (0001618921) (Filed by)

    8/20/24 4:05:58 PM ET
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    SEC Form SC 13G/A filed by Walgreens Boots Alliance Inc. (Amendment)

    SC 13G/A - Walgreens Boots Alliance, Inc. (0001618921) (Subject)

    2/13/24 5:17:30 PM ET
    $WBA
    Retail-Drug Stores and Proprietary Stores
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