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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    First, the company has proven itself highly successful at consolidating rivals that help it to maximize economies of scale, such as: Acquiring Duane Reade for $1.1 billion in 2010 Buying a 45% stake in Alliance Boots in 2012, followed by the rest of the ...
    09/16/2017 - 6:15 pm | View Link
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    saying it will no longer pursue an overseas reorganization - a politically touchy move that would have trimmed the amount of U.S. taxes it pays. The largest drugstore chain says it will buy the remaining stake in the Alliance Boots that it does not already ...
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    08/5/2014 - 5:31 pm | View Link
  • Walgreen buys all of Boots for $16 billion
    Walgreen will pay about $US5.29 billion in cash and $US10 billion in stock for the remaining stake in Alliance Boots. Photo: AP Walgreen Co ... its headquarters as a way to lower the rate it pays the US government. The US pharmacy chain has come under ...
    08/5/2014 - 1:00 pm | View Link
  • Sen. Durbin derides Walgreen for possible tax-driven overseas move
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  • Walgreens
    Parent: Walgreens Boots Alliance (2014–present) Website: walgreens.com: The Walgreen Company (simply Walgreens, or sometimes archaically Walgreen) is an American ...
    09/16/2017 - 8:33 am | View Website
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