Walgreens Grows Internationally With Alliance Boots Stake
This article was originally published in The Tan Sheet
Walgreens is acquiring 45% of U.K.-based international retailer and wholesaler Alliance Boots, which runs pharmacies in 11 countries and owns a drug and personal care product manufacturing business, with an option to acquire the entire firm in three years.
You may also be interested in...
The contracting dispute between the drug chain and PBM may also presage tougher negotiations ahead for biopharmaceutical companies, particularly if Express Scripts is successful in its bid to acquire rival PBM Medco.
U.K. drug retailer and beauty brand Boots is expanding distribution of its cosmetics and skin-care lines in the North American mass arena, the company announced at a Feb. 1 event in New York City