Walgreen to Announce Alliance Boots Deal Without Inversion Plan -Sky News
August 05 2014 - 3:40PM
Dow Jones News
Walgreen Co. (WAG) is expected to announce as early as Wednesday
that it will buy the remaining 55% of pharmacy chain Alliance Boots
GmbH that it does not already own, Sky News reported Tuesday,
citing people familiar with the matter.
Walgreen will pay about 5 billion pounds ($8.44 billion) to buy
the stake, according to the report, which said Walgreen is expected
to remain a U.S.-based company rather than pursue a tax inversion
plan.
Full story at:
http://news.sky.com/story/1313635/walgreens-shuns-inversion-in-5bn-boots-deal
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