Walgreens recently announced that it plans to sign a $10 billion deal with Sycamore Partners that will take the company private.

According to NBC News, Sycamore is a private equity firm that “will pay $11.45 per share in cash for Walgreens. Shareholders could also receive up to $3 more per share in the future from sales of Walgreens’ primary-care businesses, including Village Medical, Summit Health and CityMD. Walgreens said the total value of the transaction would be up to $23.7 billion when including debt and possible payouts down the line.”

Walgreens is headquartered in Chicago and plans to remain in the Windy City. It currently has over 300,000 employees and more than 12,000 retail locations across the globe, including the US, Europe, and Latin America.