Thursday, July 7, 2016

Walgreens confident in face of Brexit and Rite Aid uncertainty

Image result for walgreensWalgreens Boots Alliance executives say they are confident about the second half of the year, despite the uncertainty raised by last month's Brexit vote, and the ongoing regulatory review of their pending $9.5 billion acquisition of rival Rite Aid.

The deal remains on track to close at the end of the year, Executive Vice Chairman and CEO Stefano Pessina said on the pharmacy chain's earnings conference call.. . . more

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