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:
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    08/5/2014 - 5:31 pm | View Link
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    08/5/2014 - 1:00 pm | View Link
  • Walgreen retreats from plan to move tax domicile abroad -report
    Citing sources, the UK-based news outlet said that Chicago area-based Walgreen would proceed, as expected, with its acquisition of the remaining shares of Switzerland's Alliance Boots in a deal valued at about $8.4 billion ... the company pays, as ...
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  • At Walgreen, Renouncing Corporate Citizenship
    a move by Walgreen to Switzerland would most likely cost United States taxpayers about $4 billion over five years. Illinois taxpayers would also be hurt. The company’s tax rate would be cut to 20 percent as part of Alliance Boots from about 31 percent now.
    06/29/2014 - 9:12 pm | View Link
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