Saturday April 4, 2020

UPDATE: US chemist Walgreen buys 45% of Boots

Combined, Walgreen and Boots would have 11,000 outlets in 12 countries.

19th June, 2012
2
Boots: 45% stake sold.

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

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

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

Leanna Byrne | 4 years ago