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

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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.

 

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