Walgreens Boots Alliance sells $400m of Cencora shares, funds to aid debt reduction

Walgreens Boots Alliance sells $400m of Cencora shares, funds to aid debt reduction

Walgreens Boots Alliance, Inc. (Nasdaq: WBA), a leading player in the global healthcare and retail pharmacy sector, announced the sale of approximately $400 million worth of shares in Cencora, Inc. (NYSE: COR). This transaction decreases Walgreens Boots Alliance’s ownership in Cencora from about 13% to 12%. Strategic Financial Management The proceeds from this significant financial […]