Flash Report 2 minutesRegister for Free AccessWalgreens Boots Alliance to Acquire a 40% Stake in Chinese Pharmacy Chain GuoDa Coresight Research December 7, 2017 Executive Summary On December 6, Walgreens Boots Alliance announced an agreement to invest in China-based Sinopharm Holding Guoda Drugstores (GuoDa). Walgreens Boots Alliance plans to acquire a 40% minority stake in GuoDa, subject to regulatory review and approval and customary closing conditions. GuoDa operates more than 3,500 retail pharmacies in approximately 70 cities across 19 provinces, autonomous regions and municipalities in China. The company employs close to 20,000 people. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Weinswig’s Weekly: Navigating the Challenging US Retail LandscapeIndia’s Post-Pandemic Retail Revival: Five Key Trends Signaling the Brick-and-Mortar ComebackFashionomics: Mapping Consumer Sentiment and Trends—Insights Presented at the AAFA Executive Summit 2024The Closure of Zulily: Analyzing Its Impacts on Rivals and Stakeholders