Deal Roundup: Sycamore agrees $10bn Walgreens deal, FTC sues to block GTCR’s Surmodics buyout

Sycamore Partners has agreed a $10bn take-private deal for Walgreens Boots Alliance – just a tenth of the company’s valuation at the height of its stock price a decade ago. The company has seen its worth slump since 2015 amid competition from rivals including Amazon and Walmart, and a fall in the margins on over …