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It exercised that option in August 2014, and following shareholder and regulatory approvals, the two businesses merged on 31 December 2014 to form Walgreens Boots Alliance. [4] The group's operations were mainly carried out under the Boots and Alliance Healthcare brands. Boots UK is the UK's leading pharmacy-led health and beauty retailer.
Walgreens Boots Alliance, Inc. (WBA) is an American multinational holding company headquartered in Deerfield, Illinois, [2] which owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies.
In June 2012, it was announced that Walgreens, the United States' largest chemist chain, would purchase a 45% stake in Alliance Boots for US$6.7 billion. The deal was said to be a long-term plan to give maximum exposure to both brands, Boots more so in the US and, Walgreens more so in the UK and in China through Boots' presence in that market.
Boots was initially valued at as much as 8 billion pounds, or $10.88 billion, with the auction process being led by Goldman Sachs, sources told Reuters in February. ... Walgreens' move to call off ...
(Bloomberg Opinion) -- The colossal buyout of Walgreens Boots Alliance Inc. mooted last year may now look like a fantasy. But the pandemic will create opportunities for Chief Executive Officer ...
Walgreens Boots Alliance cut its profit forecast for fiscal 2024 and said it would close underperforming U.S. stores as weak consumer spending hurts retail operations. The drugstore operator's CEO ...
The Beeston site remains the headquarters of Boots UK Limited in the 21st century, although the company is now owned by the American pharmacy chain Walgreens, through the Walgreens Boots Alliance. In April 2022, Walgreens put the UK business up for sale, [7] before withdrawing it in June 2022. [8]
In 2006, the parent company Boots became Alliance Boots following a merger with Alliance UniChem. [5] In 2014, Alliance Boots merged with Walgreens to form Walgreens Boots Alliance . [ 6 ] On 24 April 2019, Boots Hearingcare Ireland was registered as they began to provide hearing aids and free hearing tests.