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Walgreens to buy remaining stake in Shields Health for $1.37 billion

09/20/2022
Less than a minute

2022.09.20 09:25



© Reuters. FILE PHOTO: The Walgreens logo is seen outside the store in Times Square in New York, U.S., July 5, 2016. REUTERS/Shannon Stapleton

(Reuters) – Walgreens Boots Alliance (NASDAQ:) said on Tuesday it would buy the remaining stake in specialty pharmacy company Shields Health Solutions for $1.37 billion.

Walgreens last year spent $970 million to increase its stake in the company to 71%, with an option to acquire the remaining equity interests in the future.



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09/20/2022
Less than a minute

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