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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    Walgreen already owns 45 percent of Alliance Boots, the dominant pharmacy retailer in the United Kingdom, and is scheduled to acquire the rest next year for a total of $16.2 billion—giving ... Rival CVS pays a 39 percent rate. H&R Block Doesn't Want ...
    04/14/2014 - 6:22 pm | View Link
  • Walgreen
    Walgreen pays a quarterly dividend of $0.31 per share ... The agreement to acquire a 45% stake in UK Alliance Boots for $6.7 billion last year, added roughly 8 cents to adjusted earnings over the past quarter, as annual synergy estimates are ahead of ...
    10/1/2013 - 9:05 am | View Link
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    09/29/2012 - 9:43 pm | View Link
  • Analyst: Walgreen poised for growth, rates 'Buy'
    The companies spent more than a year publicly arguing about the rates Express Scripts pays to drugstores like Walgreen ... Walgreen completed an initial investment of $6.7 billion in privately held Switzerland-based Alliance Boots, which runs more than ...
    09/25/2012 - 4:51 am | View Link
  • Executive Profile: Greg Wasson, CEO of Walgreen Co.
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  • Alliance Boots
    Alliance Boots GmbH is a multinational pharmacy-led health and beauty group. It has two core business activities - pharmacy-led health and beauty retailing, and ...
    04/16/2014 - 1:52 am | View Website
  • Drug Channels: Making Sense of ABC-Walgreens-Alliance Boots
    Before the dust settles on the AmerisourceBergen / Walgreens / Alliance Boots news, let’s take a deeper look at the implications for drug channels.
    04/15/2014 - 6:28 pm | View Website
  • Welcome to Walgreens
    Corporate headquarters for drug store chain. Features online buying facilities, career opportunities, company news, and investor information.
    04/15/2014 - 1:49 pm | View Website
  • Alliance Boots
    Welcome to Alliance Boots Alliance Boots is a leading international, pharmacy -led health and beauty group delivering a range of products and services to customers.
    04/15/2014 - 6:53 am | View Website
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