Hints and tips:
...Walgreens Boots Alliance is an ailing company in desperate need of a new prescription for growth....
...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....
...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....
...Rosalind Brewer has resigned as chief executive of Walgreens Boots, the second top-level departure from the pharmacy chain in the space of five weeks....
...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...
...On Tuesday, Walgreens announced it was ending its sale process of Boots due to “unexpected” and “dramatic” changes in financial markets amid the outbreak of war in Ukraine and rising interest rates....
...She acknowledged that, despite initial interest in Boots from “about eight to 10 interested parties”, a downturn in financial markets prompted Walgreens to “slow this opportunity down”....
...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....
...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...
...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...
...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...
...SoftBank’s $66bn sale of UK chip business Arm to Nvidia collapsed in February because of regulators’ concerns and Walgreens Boots Alliance this week halted the sale of Boots....
...Boots accounts for about 5 per cent of Walgreen’s yearly sales of $132bn....
...Interest rates are rising and markets are tumbling. There’s a war in Ukraine and the future of globalisation is far from certain....
...CVS and its rival Walgreens Boots Alliance have expanded beyond drug stores by getting into other businesses such as insurance and healthcare services....
...Spain, Nato’s summit in Madrid begins with heads of government from its 30 member countries expected to attend and discussions to include Sweden and Finland’s applications to join the military alliance....
...motions at this year’s Disney, Costco and Walgreens Boots Alliance meetings....
...Boots’s US parent Walgreens Boots Alliance enlisted Goldman Sachs to help put the business up for sale in December as the group focuses on healthcare in the US....
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