GuoDa Archives - CDR – Chain Drug Review

WBA finalizes investment in pharmacy chain GuoDa

July 5, 2018 by Chain Drug Review GuoDa, Ltd., Sinopharm Holding GuoDa Drugstores Co., Stefano Pessina, Walgreens Boots Alliance Business, Featured Articles, Leading Headlines, Retail News

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) today announced that, following receipt of regulatory approvals, it has completed the previously announced agreement to acquire a 40% minority stake in Sinopharm Holding GuoDa Drugstores Co., Ltd. (GuoDa), a leading retail pharmacy chain in China. WBA acquired the minority stake in GuoDa through a capital increase worth

WBA to buy stake in China’s GuoDa drug chain

December 4, 2017 by Chain Drug Review GuoDa, GuoDa Drug Store, Sinopharm Holding GuoDa Drug Store Co., Stefano Pessina, Walgreens Boots Alliance Business, Issue 12-11-2017, Leading Headlines, News, Retail News

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) plans to pay about $416 million to acquire a 40% stake in Sinopharm Holding GuoDa Drug Store Co. WBA confirmed the deal on Monday. GuoDa is the largest retail pharmacy operator in China, with nearly 3,700 stores. With stores in 70 major cities across the country, GuoDa is