Walgreen Pays $6.7 Billion For Alliance Boots Stake

LONDON (Reuters) - Drug retailer Walgreen Co is buying a 45 percent stake in European health and beauty group Alliance Boots for $6.7 billion in cash and stock, creating the world's biggest buyer of prescription drugs.

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BING NEWS:
  • Walgreen to buy all of Alliance Boots for $15.3 billion
    The company had previously considered moving its headquarters as a way to lower the rate it pays the U.S. government ... Walgreen took a 45 percent stake in Alliance Boots for $6.7 billion in 2012 in an effort to build a global pharmacy chain.
    08/6/2014 - 1:00 pm | View Link
  • Walgreen stays in U.S. in $15.3 Billion Alliance Boots deal
    NEW YORK — Walgreen Co., the biggest U.S. drugstore chain, said Wedneday it plans to buy all of Alliance Boots for about $15.3 billion and won't use the deal ... headquarters as a way to lower the rate it pays the U.S. government.
    08/6/2014 - 5:30 am | View Link
  • Walgreen buys remaining stake in Alliance Boots, will not turn to inversion to save taxes
    Walgreen plans to keep its roots firmly planted in the United States, saying it will no longer pursue an overseas reorganization that would have trimmed the amount of U.S. taxes it pays ... and beauty retailer Alliance Boots that it does not already ...
    08/6/2014 - 4:12 am | View Link
  • If Walgreen's goes Swiss and pays less taxes, then it shouldn't influence US politics
    For example, Walgreen, the largest drugstore chain in the United States with more than 8,700 drugstores spread across the nation, is on the verge of moving its corporate headquarters to Switzerland as part of a merger with Alliance Boots, the European ...
    07/7/2014 - 3:18 am | View Link
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BING SEARCH:
  • Walgreens and Alliance Boots Form Strategic Partnership to ...
    Print page E-mail page Download PDF « Previous Release | Next Release » Walgreens and Alliance Boots Form Strategic Partnership to ...
    09/21/2014 - 11:26 pm | View Website
  • Walgreens Newsroom: Walgreens Board of Directors Exercises ...
    06 August 2014 Walgreens Board of Directors Exercises Option to Complete Second Step of Strategic Partnership with Alliance Boots and Fully Combine Both Companies ...
    09/20/2014 - 11:20 pm | View Website
  • Walgreens CIO Is Climbing A Cost Cut Mountain In $15 ...
    The newly named Walgreens Boots Alliance, aside from any future cuts, will now have a total of 350,000 employees, over 11,000 stores and 370 distribution ...
    08/7/2014 - 1:11 am | View Website
  • Walgreen Stays in U.S. as It Buys Rest of Alliance Boots ...
    Walgreen Co. (WAG), the biggest U.S. drugstore chain, said it plans to pay about $15.3 billion for the part of Alliance Boots it doesn’t already own, and ...
    08/6/2014 - 4:14 pm | View Website
  • Walgreen to keep HQ local as it buys rest of Alliance Boots
    Alliance Boots Executive Chairman Stefano Pessina, left, is to be executive vice chairman of the combined company, with Walgreen Co. CEO Gregory Wasson, right, as CEO.
    08/6/2014 - 5:51 am | View Website
  • More

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