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Walgreens Boots Alliance CEO Reveals Plan To Grow Company Through Acquisitions

July 9, 2015: 12:00 AM EST
Walgreens Boots Alliance Inc. plans to grow its business by acquiring other companies, according to recently named permanent CEO Stefano Pessina. According to analysts, the company could choose to buy United States and foreign-based firms. It could even acquire a pharmacy benefits manager, a distributor of pharmaceutical products, even pharmacies owned by retailers. Pharmacy benefits management companies Express Scripts Holding Co. and UnitedHealth Group's OptumRx would be likely acquisition targets should the company opt to focus on the segment.
Ryan Sachetta, "Walgreens CEO Pessina Signals He’s Looking for Merger Targets", Bloomberg, July 09, 2015, © Bloomberg L.P.
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