Hints and tips:
...The UK pharmaceutical retailer’s transfer of £4.8bn of pension obligations to insurer Legal & General brings its potential sale by owner Walgreens Boots Alliance one step closer....
...Rosalind Brewer has abruptly stepped down as chief executive of Walgreens Boots Alliance after two and a half years when the US-listed pharmacy group’s valuation halved and the group abandoned a planned...
...Boots will close 300 stores in the UK and a further 150 Walgreens branches in the US over the next year as parent company Walgreens Boots Alliance seeks to “optimise” locations....
...Walgreens Boots Alliance is hoping the sector — a fast-growing segment of US healthcare — can provide a much needed salve for its own aches and pains....
...VillageMD, an affiliate of Walgreens Boots Alliance, has agreed to acquire physicians’ group and urgent care provider Summit Health in a deal valued at almost $9bn, adding to a wave of consolidation in the...
...Boots UK was thrown into uncertainty in June after its owner, the US pharmacy chain Walgreens Boots Alliance, abandoned plans to sell the UK retailer, citing a downturn in financial markets....
...Walgreens Boots Alliance has abandoned the sale process for the Boots chain in the UK after the upheaval in credit markets resulted in bids that were below its initial expectations....
...Walgreens Boots Alliance said this week that a review launched in January had concluded the US group should retain ownership of the UK pharmacy and beauty retailer for now....
...India’s largest listed company by market value has teamed up with private equity giant Apollo to make a binding offer to US giant Walgreens Boots Alliance for the bulk of its UK business....
...The deal would allow its US parent Walgreens Boots Alliance to keep a minority stake. The size of that stake is open to negotiation. Boots declined to comment....
...Walgreens Boots Alliance has upgraded its full-year guidance after strong trading at both its US and international businesses as Covid-19 testing and online sales propelled first-quarter revenues higher....
...He had previously held executive roles at Walgreens Boots Alliance and Procter & Gamble....
...Already this year, the coffee chain Starbucks and the pharmacy group Walgreens Boots Alliance have lost shareholder votes on executive pay after ISS recommended against their bonus plans....
...Boots’s US parent Walgreens Boots Alliance put the business up for sale last December to focus on healthcare in its domestic market. It has set a deadline of May 16 for bids, one of the people said....
...He previously held executive roles at Walgreens Boots Alliance and Procter & Gamble....
...A consortium of Bain Capital and CVC Capital, previously seen as a leading candidate to buy the business from US parent Walgreens Boots Alliance, did not make a bid ahead of a deadline last week, two people...
...Walgreens Boots Alliance is lining up advisers to explore options including the sale of Boots, five years after it took full ownership of the UK retail pharmacy chain....
...Last year, Walgreens Boots Alliance appointed Roz Brewer as chief executive, with Pessina becoming executive chair....
...Italy, May unemployment figures plus May PPI data Japan, May industrial production data UK, final Q1 GDP figures and consumer trends report plus Nationwide’s June house price data Results: Walgreens Boots...
...He took charge of the group in 2015, shortly after the combination of Alliance Boots and Walgreens....
...At Walgreens Boots Alliance, a pharmacy chain, the board rewrote executives’ long-term bonus plan to insulate their pay from the business upheaval caused by Covid-19....
...US drug wholesaler AmerisourceBergen has agreed to buy the distribution business of Walgreens Boots Alliance for about $6.5bn as it pushes further into Europe....
...Formed by the 2014 merger of the US chain Walgreens with the Switzerland-domiciled Alliance Boots, the group has underperformed the market for the past five years....
...In the US, Dollar General outranks Walgreens Boots Alliance....
...Shareholders in GE, Starbucks and Walgreens Boots Alliance have voted against their chief executives’ compensation in a record year for failed pay votes....
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