Walgreens CEO says company is looking into strategic options for U.K.-based Boots business

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

FILE - In an Oct. 5, 2005 file photo people walk by a Boots pharmacy in central London. Drugstore chain Walgreen Co. says it will spend $6.

7 billion to buy a stake in health and beauty retailer Alliance Boots. CEO Roz Brewer said Tuesday that the retailer is looking into strategic options for its Boots business.

In a virtual presentation at the J.P. Morgan Healthcare Conference, Brewer confirmed that the company is considering how to proceed with the U.K.-based drugstore chain. She did not say whether that would be a sale and who might be the buyer.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines