Walgreens buys 40% stake in Chinese pharmacy chain for $416M

(By Ayla Ellison for  Becker’s Hospital Review)

Deerfield, Ill.-based Walgreens Boots Alliance said Wednesday it would invest about $416 million to acquire a 40 percent stake in Sinopharm Holding GuoDa Drugstores, which operates and franchises retail pharmacies across China. Continue reading article here…

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