Showing 1 to 1 of 1 results
forbes.com
🌐 75% Global Worthiness
Walgreens Sells $300M Cencora Stake to Fund Turnaround
Walgreens Boots Alliance sold its remaining 1.3 million shares of Cencora for approximately $300 million, reducing its stake from 10% to 6%, primarily to pay down debt and support a broader financial turnaround that includes closing more than 1200 stores and suspending quarterly dividend payments.
Walgreens Sells $300M Cencora Stake to Fund Turnaround
Walgreens Boots Alliance sold its remaining 1.3 million shares of Cencora for approximately $300 million, reducing its stake from 10% to 6%, primarily to pay down debt and support a broader financial turnaround that includes closing more than 1200 stores and suspending quarterly dividend payments.
Progress
36% Bias Score
Decent Work and Economic Growth
Showing 1 to 1 of 1 results