Walgreens Boots Alliance nears deal to buy Rite Aid: source

October 27, 2015 5:28 PM

33 0

Walgreens Boots Alliance nears deal to buy Rite Aid: source

Drugstore operator Walgreens Boots Alliance Inc (WBA.O) is in advanced talks to buy rival Rite Aid Corp (RAD.N), a source familiar with the matter said.

The Wall Street Journal reported the news earlier on Tuesday and said a deal was expected to be announced by Wednesday. (on.wsj.com/1POU6xb)

Also read: Actelion shares plunge on report it eyes "complicated" J&J deal

Read more

To category page

Loading...