International Companies

Walgreen tries Boots on for size

By John Harrington

Date: Tuesday 19 Jun 2012

US pharmacy giant Walgreen has taken a major stake in Alliance Boots, operator of the Boots chemist chain, and could be set to take over the chain completely.

Walgreens is paying $6.7bn for a 45% stake in Alliance Boots, with $4bn of that in cash and the rest...

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