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Walgreens to Invest $5.2 Billion in VillageMD

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Walgreens Boots Alliance Inc. pays $5.2 billion to accumulate a controlling stake in primary-care community VillageMD because the pharmacy chain seeks to transform itself as a healthcare supplier.

VillageMD operates greater than 200 clinics the place it has acquired or employed its personal physicians and medical workers. Walgreens mentioned the funding will allow it to open docs’ places of work at 600 or extra of its drugstore places by 2025, and an extra 400 by 2027.

https://www.wsj.com/articles/walgreens-posts-higher-profit-as-covid-19-vaccinations-continue-to-lift-sales-11634213420?mod=pls_whats_news_us_business_f | Walgreens to Make investments $5.2 Billion in VillageMD

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