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 debuts bonds in Europe for Alliance Boots buy
    (Bloomberg) — Walgreen Co. is debuting bonds in Europe as the U.S. drugstore group completes a $15.3 billion acquisition of the portion of Alliance Boots Holdings GmbH it doesn’t already own. The company is selling 700 million pounds ($1.1 billion ...
    11/10/2014 - 3:35 am | 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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  • Walgreen buys all of Boots for $16 billion
    The company had previously considered moving its headquarters as a way to lower the rate it pays the US government ... Mr Wasson said. Walgreen took a 45 per cent stake in Alliance Boots for $US6.7 billion in 2012 in an effort to build a global pharmacy ...
    08/5/2014 - 1:00 pm | View Link
  • Walgreen pays $6.7 billion for Alliance Boots stake
    The move will create the world's biggest buyer of prescription drugs and give both companies reach into new markets. But Walgreen shares were down 6 percent as some investors were concerned by the decision to expand in Europe. The deal, the result of talks ...
    06/19/2012 - 7:05 am | View Link
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BING SEARCH:
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  • Walgreens Boots Alliance, Inc.
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