Alliance Boots and Walgreens form joint venture

Alliance Boots, a leading international, pharmacy-led health and beauty group, today announced that it has set up a new company, jointly owned with Walgreen Co., as part of their strategic partnership’s synergy programme.

The new company, called Walgreens Boots Alliance Development GmbH, is based in Berne, Switzerland. Alliance Boots will account for its interest as a joint venture.

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