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 shareholders give blessing to Alliance Boots deal
    Walgreen shareholders have voted in favor of the nation’s largest drugstore chain spending nearly $16 billion to complete the final step in its purchase of European health and beauty retailer Alliance Boots. Walgreen says about 97 percent of the votes ...
    12/29/2014 - 3:14 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 ...
    08/6/2014 - 1:00 pm | View Link
  • 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
  • S&P cuts Walgreen's rating on Alliance Boots deal
    ... Poor's Rating Services downgraded its investment-grade rating on Walgreen Co. WAG by three notches after the pharmacy retailer said it completed its $6.7 billion investment in Alliance Boots GmbH. The ratings firm lowered the rating from A, which ...
    08/2/2012 - 7:16 am | View Link
  • More
BING SEARCH:
  • Alliance Boots
    Boots UK formed the main retail business of Alliance Boots in the United Kingdom, and all former Alliance Pharmacy branches were rebranded as Boots.
    03/29/2015 - 9:41 am | View Website
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    Critical Alerts For Amgen, Invensense, Johnson Controls, Under Armour, World Wrestling Entertainment, NQ Mobile, AT&T, Walgreens Boots Alliance, Lowes and ...
    03/28/2015 - 10:32 am | 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 ...
    03/28/2015 - 1:56 am | View Website
  • Walgreens Boots Alliance, Inc.
    The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant will file a ...
    03/25/2015 - 12:13 am | View Website
  • CtW Urges Vote Against Walgreen's Deal For Alliance Boots
    CtW Urges Vote Against Walgreen’s $14.7 Billion Deal For Alliance Boots Group Representing Union Pension Funds Says Acquisition Is Overpriced and Unnecessary
    03/23/2015 - 5:26 pm | View Website
  • More

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