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.

Sections:  news   business   
BING NEWS:
  • Walgreen: Shares Appear Fully Valued As Acquisition Of Boots Alliance Closes
    With its acquisition of the remaining 55% of Alliance Boots ... Walgreen's dividend yield and dividend growth history? The premise is that a company that operates in a non-cyclical industry with a strong competitive position and a clean balance sheet that ...
    12/31/2014 - 12:16 am | View Link
  • Walgreen Names Jana’s Rosenstein to Board Amid Alliance Deal
    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.
    09/7/2014 - 1:00 pm | View Link
  • Walgreen to buy all of Alliance Boots for $15.3 billion
    NEW YORK -- Walgreen Co., the biggest U.S. drugstore chain, said Wednesday 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. The U.S. pharmacy ...
    08/6/2014 - 1:00 pm | 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
  • Perez Recommends
    When the cable guy arrived, Lomas was the one who searched for Whitney Houston's daughter. There was no urgency in his quest because he didn't realize there was any imminent danger. He proceeded to knock several times on the bathroom door and when Krissy ...
    06/20/2012 - 9:26 am | View Link
  • More
BING SEARCH:
  • WBA Stock Quote
    Walgreen ticker changes to WBA after merger with Boots Alliance: WSJ. 7:14 a.m. Dec. 31, 2014 - Ciara Linnane
    02/26/2015 - 10:10 pm | View Website
  • Walgreen to Spend $6.7 Billion on Alliance Boots Stake
    Drugstore chain Walgreen says it will spend $6.7 billion to buy a stake in health and beauty retailer Alliance Boots.
    02/26/2015 - 8:52 pm | View Website
  • Financial news | Walgreens Boots Alliance
    Walgreens Boots Alliance Appoints George Fairweather as Global Chief Financial Officer; Tim McLevish to Continue as Senior Advisor to CEO for Finance, Integration and ...
    02/26/2015 - 3:30 pm | View Website
  • Walgreens Board of Directors Exercises Option to Complete ...
    Walgreens Board of Directors Exercises Option to Complete Second Step of Strategic Partnership with Alliance Boots and Fully Combine Both Companies, Creating First ...
    02/25/2015 - 11:09 pm | View Website
  • Drug Channels: Walgreens and Alliance Boots to Combine; No ...
    Note that Step 2 is subject to shareholder approval. Walgreens’ shareholders, however, have powerful incentives to complete the Alliance Boots acquisition.
    02/25/2015 - 8:57 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News