27 October 2015
Walgreens Boots Alliance has entered into an agreement to acquire US based Rite Aid, the country’s third largest drugstore operator.
Deal solidifies leading drugstore position in the US
Under the terms of the deal, Walgreens Boots Alliance will acquire Rite Aid for $17.2bn, significantly growing the scope of its US operations. With a turnover of $26.5bn in 2014, and operating over 4,500 st...