The Financial Times is reporting that Walgreens Boots Alliance would be split three ways if Sycamore Partners buys out the pharmacy chain.

Sycamore Partners is nearing an acquisition of Walgreens Boots Alliance Inc., people with knowledge of the matter said, in a deal that could end the drugstore operator’s tumultuous run as a public company.

Walgreens Boots Alliance Inc. is reportedly close to selling itself to a private equity firm in a $10 billion deal that would take the company private. The Wall Street Journal reported that Sycamore Partners would take Walgreens (Nasdaq: WBA) off the market in a deal that could be completed as early as Thursday if no major problems arise.