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Walgreens to buy remaining stake in Shields Health for $1.37 billion

(Reuters) -Walgreens Boots Alliance said on Tuesday it would buy the remaining stake in specialty pharmacy company Shields Health Solutions for $1.37 billion. Walgreens last year...
Walgreens to buy remaining stake in Shields Health for $1.37 billion © Reuters. FILE PHOTO: The Walgreens logo is seen outside the store in Times Square in New York, U.S., July 5, 2016. REUTERS/Shannon Stapleton
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(Reuters) -Walgreens Boots Alliance said on Tuesday it would buy the remaining stake in specialty pharmacy company Shields Health Solutions for $1.37 billion.

Walgreens last year spent $970 million to increase its stake in the company to 71%, with an option to acquire remaining equity interests in the future.

Specialty pharmacies are designed to deliver medications with unique handling, storage and distribution requirements, often for patients with complex conditions such as cancer, multiple sclerosis and rheumatoid arthritis.

Founded in 2012, Shields Health Solutions helps hospitals provide specialty pharmacy services.

Walgreens has been seeking to shift its focus beyond drugstores, and last year it raised its stake in primary care provider VillageMD to 63%.

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04-10-2022 14:33:56 (UTC+7)

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    EUR/USD 0.9883 ↑ Buy  
    GBP/USD 1.1419 ↑ Buy  
    USD/JPY 144.60 ↑ Sell  
    AUD/USD 0.6538 ↑ Sell  
    USD/CAD 1.3576 ↑ Buy  
    EUR/JPY 142.91 Sell  
    EUR/CHF 0.9760 ↑ Sell  
    Gold 1,718.05 Neutral  
    Silver 21.032 ↑ Buy  
    Copper 3.4850 Neutral  
    Crude Oil WTI 83.95 ↑ Sell  
    Brent Oil 89.32 ↑ Sell  
    Natural Gas 6.462 Neutral  
    US Coffee C 215.55 ↑ Sell  
    Euro Stoxx 50 3,414.75 ↑ Buy  
    S&P 500 3,678.43 ↑ Sell  
    DAX 12,424.02 Neutral  
    FTSE 100 6,973.50 Sell  
    Hang Seng 17,079.51 ↑ Buy  
    Small Cap 2000 1,709.05 Buy  
    IBEX 35 7,586.13 Neutral  
    BASF 41.660 Neutral  
    Bayer 48.49 Sell  
    Allianz 163.16 Sell  
    Adidas 122.60 Buy  
    Lufthansa 5.784 ↑ Sell  
    Siemens AG 103.42 ↑ Buy  
    Deutsche Bank AG 7.775 Sell  
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Cập nhật lúc 13:23:31 04/10/2022
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