Walgreen buys stake in Alliance Boots for $6.7 billion
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Walgreen buys stake in Alliance Boots for $6.7 billion

www.reuters.com   | 19.06.2012.

(Reuters) - Walgreen Co said it would buy a 45 percent stake in Alliance Boots for $6.7 billion in cash and stock to create the first global pharmacy-led, health and wellbeing enterprise.
Walgreen buys stake in Alliance Boots for $6.7 billion

Walgreen, the largest U.S. drugstore chain, said the deal would add substantially to its earnings per share in the first year.

(Reporting by Juhi Arora in Bangalore; Editing by Viraj Nair)


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