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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 ...
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% ...
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 ...
In yet another move to pay down debt that matures in 2026, Walgreens Boots Alliance announced last night it would receive $300 million from an early settlement of some prepaid shares of Cencora ...
(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 ...
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Zacks Investment Research on MSNHere's Why You Should Add Cencora Stock to Your Portfolio NowCencora, Inc. COR is well-poised for growth on the back of a robust U.S. Healthcare Solutions business and product launches.
Walgreens Boots Alliance has sold all of its remaining shares of Cencora common stock of $818 million, which is subject to a concurrent share repurchase by Cencora for $250 million. As a result, ...
Walgreens Boots Alliance said it has sold an additional chunk of sales in Cencora to the drug distributor for $1.1 billion. The drugstore chain on Thursday said that the sale would allow it to ...
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 ...
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 ...
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 ...
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