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: 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 Shakeup Followed Bad Projection
    A billion-dollar forecasting ... not to do a so-called tax inversion. Walgreen's stock plunged 14% after it confirmed it won't move its headquarters abroad after it buys the rest of European drugstore chain Alliance Boots GmbH. Such a move could have ...
    08/20/2014 - 6:11 pm | View Link
  • Walgreen to keep U.S. tax domicile after buying Alliance Boots
    Walgreen will buy the 55 percent it does not already own of Alliance Boots for 3.13 billion pounds ($5.3 billion) in cash and 144.3 million shares, giving a total deal of about $15 billion. Walgreen shares fell as much as 16 percent to $58.30 on Wednesday.
    08/6/2014 - 9:48 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 ...
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  • Walgreens Pays $5.27B For Remaining Half Of UK Drug Store Chain Boots
    About $5.27 billion — or at least that’s what Walgreens will pay to acquire the remaining half of British company Alliance Boots, parent company of the ... outside the U.S,” Gregory D. Wasson, Walgreen’s president and chief executive, said in ...
    08/6/2014 - 4:46 am | View Link
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BING SEARCH:
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  • Drug Channels: Walgreens Boots Alliance: Analysis of its ...
    Last week, Walgreens Boots Alliance (WBA) held its first analyst day as a combined company. Click here to download the slides and transcripts.
    07/1/2015 - 3:46 am | View Website
  • Walgreens
    On July 12, 2006, David Bernauer stepped down as CEO of Walgreens, replaced by company president Jeff Rein. Holding degrees in accounting and pharmacy from the ...
    06/30/2015 - 11:07 pm | View Website
  • Investor Relations | Walgreens Boots Alliance
    Tim Theriault to Step Down as Global CIO at Walgreens Boots Alliance while Continuing as Consultant and Senior Advisor; Company Names Anthony Roberts as Senior Vice ...
    06/30/2015 - 4:33 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 ...
    06/30/2015 - 1:12 pm | View Website
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