Home United States USA — Financial Walgreens to sell drug wholesale business for $6.5B

Walgreens to sell drug wholesale business for $6.5B

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Walgreens Boots Alliance will sell its pharmaceutical wholesale business to AmerisourceBergen in $6.5 billion cash and stock deal.
By TOM MURPHY Walgreens Boots Alliance will sell its pharmaceutical wholesale business to AmerisourceBergen in $6.5 billion cash and stock deal. Pharmaceutical wholesalers essentially act as middlemen, purchasing drugs from manufacturers and then distributing them to customers like drugstore chains.

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