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 to buy all of Alliance Boots for $15.3 billion
    The company had previously considered moving its headquarters as a way to lower the rate it pays the U.S. government ... outside the U.S., Wasson said. Walgreen took a 45 percent stake in Alliance Boots for $6.7 billion in 2012 in an effort to build ...
    08/6/2014 - 1:00 pm | View Link
  • Walgreen stays in U.S. in $15.3 Billion Alliance Boots deal
    NEW YORK — Walgreen Co., the biggest U.S. drugstore chain, said Wedneday 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.
    08/6/2014 - 5:30 am | View Link
  • Walgreen buys remaining stake in Alliance Boots, will not turn to inversion to save taxes
    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 ...
    08/6/2014 - 4:12 am | View Link
  • Walgreen
    Walgreen pays a quarterly dividend of $0.315 per share ... could save the shareholder some serious cash, probably close to a billion per year. Combined with the anticipated Alliance Boots acquisition and solid growth, this could push net earnings to ...
    06/24/2014 - 9:28 am | View Link
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BING SEARCH:
  • Drug Channels: Walgreens and Alliance Boots to Combine; No ...
    Note that Step 2 is subject to shareholder approval. Walgreens’ shareholders, however, have powerful incentives to complete the Alliance Boots acquisition.
    12/21/2014 - 11:30 pm | 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.
    12/21/2014 - 10:22 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 ...
    12/19/2014 - 6:57 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 ...
    12/18/2014 - 6:15 am | View Website
  • Walgreen sells $8 billion of bonds to buy Alliance Boots ...
    Walgreens Boots Alliance Inc. sold $8 billion of bonds as it prepares to pay about $15.3 billion for the portion of Alliance Boots it doesn't already own. The biggest ...
    11/7/2014 - 5:17 am | View Website
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