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Walgreens Boots Alliance Development GmbH

WBA cleared by FTC to buy 1,932 Rite Aid stores

WBA cleared by FTC to buy 1,932 Rite Aid stores

DEERFIELD, Ill. — Winding down a process that has taken nearly two years, Walgreens Boots Alliance Inc. has gained Federal Trade Commission approval to acquire 1,932 stores, three distribution centers and related inventory from Rite Aid Corp. for $4.375 billion in cash. The companies said Tuesday that the transaction also includes the WBA’s assumption of

Express Scripts subsidiary joins WBA global GPO

Express Scripts subsidiary joins WBA global GPO

ST. LOUIS — Express Scripts Holding Co. is participating in the Walgreens Boots Alliance Development GmbH (WBAD) global group purchasing organization. Express Scripts said the move entails its Innovative Product Alignment LLC subsidiary becoming a WBAD member. Bern, Switzerland-based WBAD sources and contracts generic drugs on behalf of its members. In addition, Econdisc Contracting Solutions