Flash ReportWalgreens 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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Innovator Profile: Kalder—Monetizing Customer Loyalty with White-Label Cashback and RewardsConsumer Sentiment Flatlines Ahead of Big Tariff Reveal; Plus, Mass Merchandisers and Wholesale Clubs in Focus: US Consumer Survey InsightsBlack Friday 2025: Key Insights from US Stores—Solid Shopper Demand, Some True Doorbusters and Greater Omnichannel IntegrationDick’s Sporting Goods To Acquire Foot Locker: Analyzing Store Overlap, Shopper Penetration and Strategic Reach
