Walgreens Boots Alliance Sells Shares of AmerisourceBergen Corporation for $1.0 billion of Proceeds
Transaction Highlights
Walgreens Boots Alliance announces the sale of shares of AmerisourceBergen Corporation for proceeds of approximately $1.0 billion
Approximately $0.8 billion sold pursuant to Rule 144 along with a concurrent share repurchase by AmerisourceBergen of approximately $0.2 billion
Proceeds to Walgreens Boots Alliance will be used primarily for debt paydown and the funding of the company's strategic priorities, including the definitive agreement for VillageMD to acquire Summit Health-CityMD
No change to ongoing collaboration and long-term strategic partnership
Walgreens Boots Alliance, Inc. (NASDAQ:WBA) today announced that it has sold shares of AmerisourceBergen Co