UPDATE: US chemist Walgreen buys 45% of Boots
Combined, Walgreen and Boots would have 11,000 outlets in 12 countries.
Walgreen, the largest chain of pharmacies in the US, said it would pay $6.7 billion for a 45 per cent stake of the Boots chain as part of a deal that may see it gain full control within three years.
Combined, Walgreen and Boots would have 11,000 outlets in 12 countries.
Walgreen is to pay $4 billion cash and the remainder in stock, according to a statement issued today.
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published
