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 plans to keep its roots firmly planted in the United States, saying it will no longer pursue an overseas reorganization that would have trimmed the amount of U.S. taxes it pays ... and beauty retailer Alliance Boots that it does not already ...
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    Walgreen Co., the biggest U.S. drugstore chain, plans to say Wednesday it will buy all of Alliance Boots ... billion) for the remaining stake, said the person. Walgreen had previously considered moving its tax headquarters as a way to lower the rate it ...
    08/4/2014 - 5:04 pm | View Link
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    Walgreens Boots Alliance Walgreens Boots Alliance is the first global pharmacy-led, health and wellbeing enterprise. Our purpose is to help people across the world ...
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    The deal completes Walgreen’s purchase of Alliance Boots, which runs Britain’s largest pharmacy chain.
    12/30/2014 - 9:29 am | View Website
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    Walgreen Ponders $4 Billion ... typically pay taxes at or close ... Though it is likely that Walgreen will complete its purchase of Alliance Boots, ...
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