Boots, a century old British drugstore, will be purchased by Walgreens
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Last Update: 2014-08-08
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Source: Internet
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Author: User
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Source: People's daily announced in London on August 6, 2014 that the United British drugstore chain, which has a long history of 165 years, was acquired by Walgreens, the largest drug chain in the United States After the combination of the two companies, Walgreens was founded as "Walgreens associates", which will become the largest purchaser of prescription drugs and other medical and health products in the world In 2012, Walgreens acquired a 45% stake in United boots The remaining 55% stake acquisition will be completed in the first quarter of next year, the company announced Tuesday With its headquarters in Chicago, the company will have the largest pharmaceutical wholesale distribution network in the world, and supply as many as 180000 pharmacies, clinics, hospitals and health centers in more than 20 countries in Europe and the United States through nearly 400 distribution and distribution centers Boots was founded in Nottingham in 1849 Walgreens, headquartered in dilfield, Illinois, USA, ranked 117th on the global Fortune 500 list in 2014 Walgreen's operating revenue in 2013 was $72.2 billion
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