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    Walgreens Boots Alliance Inc

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    • Friday, 1 September, 2023
      Walgreens Boots chief steps down after latest profit forecast downgrade

      Pharmacy chain struggling with weakening demand for Covid vaccines and rising competition

      Rosalind Brewer
    • Tuesday, 27 June, 2023
      Boots and Walgreens to close 450 branches across UK and US

      Pharmacy group slashes earnings forecast as market softens and customers tighten belts

      A Boots store on Oxford street  in London
    • Monday, 7 November, 2022
      LexMergers & Acquisitions
      Walgreens: US healthcare land-grab intensifies with $9bn deal Premium content

      Purchase is hardly a bargain, but the owner of VillageMD does not have much of a choice

      People walk by a CityMD clinic
    • Monday, 7 November, 2022
      Walgreens affiliate in $9bn deal for doctors’ group Summit Health

      Acquisition set to deliver multibillion profit for private equity investor Warburg Pincus

      Walgreens logo on the side of a building
    • Thursday, 13 October, 2022
      Boots UK Ltd
      Boots sales recover as customers return to shops and travel resumes

      Sales rise 15% in the three months to August despite slump in pharmacy services

      A man walks outside a Boots store in London
    • Friday, 1 July, 2022
      Boots UK Ltd
      Boots left in limbo as bids fail to emerge

      UK pharmacy chain has increased market share but detractors say tired stores have dented its reputation

      Boots on Oxford Street:
    • Tuesday, 28 June, 2022
      Boots UK Ltd
      Walgreens halts sale of Boots chain citing tougher financial conditions

      Owner of UK pharmacy and beauty group blames market turmoil for bids below its expectations

      A Boots sign outside a branch store
    • Thursday, 9 June, 2022
      LexBoots UK Ltd
      Boots/Reliance: Ambani could reinvigorate UK chemist chain Premium content

      A successful bid with Apollo could lead to Boots becoming a high street name in India

      A Boots store in London
    • Thursday, 9 June, 2022
      Boots UK Ltd
      Ambani’s Reliance teams up with Apollo to make binding bid for Boots

      Offer values UK group at between £5bn and £6bn and will allow US parent to keep a minority stake

      A Boots shop in York, UK
    • Wednesday, 27 April, 2022
      Boots UK Ltd
      Apollo and Mukesh Ambani’s Reliance plan joint bid for Boots

      Private equity group teams up with India’s largest company in attempt to buy UK pharmacy chain

      A branch of Boots on Oxford Street in London
    • Tuesday, 1 March, 2022
      UK retail industry
      Boots sale thrown off course by fewer buyers and market turmoil

      Bain Capital and CVC Capital failed to make bid ahead of deadline last week

    • Tuesday, 11 January, 2022
      Boots UK Ltd
      Buyout groups Bain and CVC team up for potential Boots bid

      Private equity companies are jointly considering an approach for UK chemist, say insiders

      A Boots storefront
    • Thursday, 6 January, 2022
      Walgreens Boots Alliance lifts forecast on strong sales

      Highest US growth in two decades helps ‘continued rebound’ in revenue and profit

      Pedestrians wearing protective masks walk past a Walgreens store in San Francisco, California, US
    • Friday, 3 December, 2021
      Boots UK Ltd
      Walgreens lines up Goldman Sachs to explore options for UK’s Boots chain

      Investment bank will weigh possible sale or spin-off of pharmacy chain

      People walk by a Boots store in the UK
    • Monday, 10 May, 2021
      Executive Pay
      US investors revolt against executive pay in record numbers

      Many backlashes stem from plan changes to ensure bonuses were paid out during pandemic

    • Friday, 29 January, 2021
      News in-depth
      Roz Brewer, chemist bringing a new formula on diversity to Walgreens

      Incoming chief will be the only African-American woman running an S&P 500 company when she takes over in March

      Rosalind Brewer at Starbucks’ annual meeting at McCaw Hall in Seattle, Washington, in March 2018
    • Wednesday, 27 January, 2021
      Walgreens Boots Alliance recruits new chief from Starbucks

      Roz Brewer will become only black woman to run an S&P 500 company

    • Wednesday, 6 January, 2021
      AmerisourceBergen Corp
      AmerisourceBergen agrees $6.5bn deal for Alliance Healthcare

      US drug wholesaler’s purchase of distributor owned by Walgreens Boots Alliance aids Europe push

    • Tuesday, 17 November, 2020
      Amazon.com
      Amazon launches online pharmacy in challenge to traditional retailers

      Shares in Walgreens and CVS hit as ecommerce giant offers huge discounts on prescription drugs

      A pharmacist assists a customer at a CVS Health Corp store in Los Angeles
    • Monday, 28 September, 2020
      LexProperty sector
      Boots/commercial property: high street, high noon Premium content

      UK lease structures need reform but hardball tactics are not the right way to achieve it

      Boots’ retail sales almost halved in the three months to May and  it was being squeezed by a cut in NHS pharmacy fees even before the pandemic hit
    • Monday, 28 September, 2020
      Boots’ hardball rent stance draws fire from landlords

      Property groups say pharmacy chain is using moratorium on evictions to withhold payments

      People walk past a Boots store
    • Monday, 27 July, 2020
      Lex
      Walgreens/Stefano Pessina: hanging his Boots up Premium content

      Change is sorely needed at the transatlantic pharmacy group

    • Monday, 27 July, 2020
      Walgreens chief Stefano Pessina to step down

      Billionaire to take less hands-on role of executive chairman after period of underperformance

      Walgreens has more than 18,750 stores globally and employs 440,000 people. Shares in the group have lost a third of their value this year
    • Thursday, 9 July, 2020
      UK retail industry
      Boots and John Lewis to cut 5,300 jobs and shut stores

      Fresh blow to UK high street as Sunak’s stimulus package comes under fire

      The John Lewis store above Birmingham’s New Street station is one of those that will close
    • Tuesday, 12 November, 2019
      FT News Briefing podcast8 min listen
      Deutsche Bank demand, WeWork CEO, Walgreens bid

      Sources tell the FT that private equity firm Cerberus is pushing for Deutsche Bank to replace chairman Paul Achleitner

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