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Walgreens Boots Alliance Sells Russian Pharmaceutical Wholesale Business To 36.6; Acquires 15 Percent Of Russian Company

April 11, 2016: 12:00 AM EST
Walgreens Boots Alliance, Inc. said it has sold its Russian pharmaceutical wholesale business, Alliance Healthcare Russia, to the country’s leading health and beauty retailer 36.6. Under the terms of the purchase deal, Walgreens Boots Alliance will own a 15-percent stake in the 36.6 group, which operates about 1,000 stores in Moscow and the surrounding region. Also, the Russian company employs about 4,800 people.
"Walgreens Boots Alliance sells Alliance Healthcare Russia to 36.6 in return for 15% stake in combined group", Walgreens Boots Alliance, April 11, 2016, © Walgreens Boots Alliance, Inc.
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