Hints and tips:
...Walgreens Boots Alliance is an ailing company in desperate need of a new prescription for growth....
...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 has agreed to transfer £4.8bn of pension obligations to insurer Legal & General in a deal that paves the way for a potential sale of the UK’s largest pharmacy chain by owner Walgreens Boots Alliance...
...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....
...Results: Pharmacy chain Walgreens Boots Alliance reports earnings. Investor Day: Delta Air Lines holds an event for investors and is expected to detail its medium and long-term business strategy....
...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’s decision not to give Boots the boot creates a problem. Proceeds from the sale of the UK chain would have accelerated the expansion of Walgreens Health....
...Results: Accsys Technologies FY, Petrofac trading update, Prosus FY, PZ Cussons Q4 trading update, Telecom Plus FY, Walgreens Boots Alliance Q3, Wise FY Wednesday Bank of England Monetary Policy Committee...
...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....
...In today’s newsletter: Walgreens calls off its Boots sale European Spacs’ target troubles EY gets fined for cheating Boots proves too bitter a pill to swallow After taking Alliance Boots private at...
...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....
...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....
...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....
...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....
...He had previously held executive roles at Walgreens Boots Alliance and Procter & Gamble....
...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....
...LetterOne will bring in new board members, including Alex Gourley, former co-chief operating officer at Walgreens Boots Alliance, Linda Wilding, a former private equity executive, and Annalisa Jenkins, former...
...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....
...Major deals, such as the planned sale of UK chemist chain Boots by US parent Walgreens Boots Alliance, have fallen through because of difficult conditions including the rising cost of borrowing to fund leveraged...
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