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: US and UK Retail Bankruptcies Latest, August 2023: Wilko Administration Bucks UK Discount Growth TrendMarket Outlook: US Food Away from Home—A Challenging Economic Backdrop To Weigh on Growth in 2023Weekly US and UK Store Openings and Closures Tracker 2024, Week 36: Foot Locker To Close Nearly 150 StoresUS Back to School 2024: Popular Products and Classroom Chic—Which Categories and Apparel Brands Will Dominate the Season?
