DEERFIELD, Ill. — As part of a long-term partnership announced three years ago, Walgreens Boots Alliance (WBA) is enlarging its equity stake in AmerisourceBergen. WBA said Friday that it has exercised warrants to buy more than 22,696,912 shares of AmerisourceBergen common stock for about $1.17 billion. The transaction was funded with cash on hand, and
As the year 2015 winds down, the chain drug community must face the reality that the coming year will be unlike any that has preceded it. The same drug chains still rule the U.S. landscape. But the content of their character and the face of the people who guide them are vastly different than in
NEW YORK — Chain drug executives Helena Foulkes and Ornella Barra are among the “Most Powerful Women” in business listed by Fortune magazine. Foulkes, president of CVS/pharmacy, was ranked 14th on the list of 51 women in the U.S. Barra, president and chief executive officer of global wholesale and international retail at Walgreens Boots Alliance
DEERFIELD, Ill. — Walgreens Boots Alliance will be a key sponsor of the USA Pavilion at the world’s fair in Milan, Italy, which begins later this week. The company said Wednesday that, along with sponsoring the USA Pavilion, it will have a designated space to showcase Walgreens and Boots retail, service and product offerings. Running May 1 to Oct. 31, Expo
NEW YORK — The Retail Pharmacy International division of Walgreens Boots Alliance (WBA) is growing by adapting its global values to meet the specific needs of consumers in different countries. “The key to international success in pharmacy-led retailing is to have a clear understanding of the brand value, and then to interpret that value in
VALLEY FORGE, Pa. — Ornella Barra, executive vice president of Walgreens Boots Alliance Inc. (WBA), has been elected to the board of directors at AmerisourceBergen Corp. Barra, who also serves as president and chief executive officer of global wholesale and international retail, fills the vacancy created by Greg Wasson’s resignation from the board on January 9.
