Walgreens is offloading more shares in drug distributor Cencora as the struggling pharmacy chain looks to generate cash. The latest sale netted about $300 million for Walgreens, and shrinks the ...

Struggling drug-store chain Walgreens Boots Alliance Inc. has sold off shares of drug distributor Cencora Inc., handing the retailer some $1.1 billion in proceeds as it tries to carry out a ...

(Reuters) - U.S. drugstore chain Walgreens Boots Alliance said on Thursday it has sold more shares in drug distributor Cencora for proceeds of about $300 million. The company said that it now owns ...

Walgreens Boots settles prepaid share contracts early, generating $300M in proceeds. WBA reduces Cencora stake from 10% to 6% to support debt reduction. Unlock your all-in-one trading dashboard ...

The struggling drugstore chain Walgreens will get about $1.1 billion for selling another slice of its stake in drug distributor Cencora. Walgreens said after markets closed Thursday that it will ...

While CVS (CVS) shares have dropped 4%, the biggest intraday loss since May, Cencora (COR), which counts Walgreens (WBA) as its biggest customer, has lost ~6%, marking the biggest intraday selloff ...

Walgreens said after markets closed Thursday that it will use the proceeds mostly to pay down debt and for general corporate purposes. The deal reduces Walgreens’ stake in Cencora to about 10% ...

Walgreens Boots Alliance says it has agreed ... and it's been reducing its stake in the drug distributor Cencora this year to get cash in part to pay down debt. Ultimately, the company has to ...

Walgreens sold its remaining Cencora shares for $1.1 billion, with a potential $55 million annual interest expense savings, reducing its ownership in Cencora from 12% to 10%. The $750 million ...

Feb 6 (Reuters) - U.S. drugstore chain Walgreens Boots Alliance (WBA.O), opens new tab said on Thursday it has sold more shares in drug distributor Cencora (COR.N), opens new tab for proceeds of ...