Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →

Walgreens Boots Alliance announces cash-and-stock merger

RECENTLY ACQUIREDAug 14, 2026•1 day ago

Acquiring Company

Walgreens Boots Alliance

Acquired Company

Target Company

DeerfieldManufacturingHealth CareRetailArtificial Intelligence

Description

Walgreens Boots Alliance Inc. is executing a cash-and-stock merger that provides shareholders of the target company with $11.45 in cash and one share of Walgreens. This strategic move is aimed at supporting growth and scaling operations. The merger highlights Walgreens' ongoing focus on enhancing its earnings profile and driving prescription volumes. Analyst forecasts suggest that the integration of this acquisition could lead to improved financial performance.

Company Information

Company

Walgreens Boots Alliance

Location

Deerfield, Illinois, United States

About

Walgreens Boots Alliance (Nasdaq: WBA) is an integrated healthcare, pharmacy and retail leader serving millions of customers and patients every day, with a 170-year heritage of caring for communities. A trusted, global innovator in retail pharmacy with approximately 13,000 locations across the U.S., Europe and Latin America, WBA plays a critical role in the healthcare ecosystem. The company is reimagining local healthcare and well-being for all as part of its purpose – to create more joyful lives through better health. Through dispensing medicines, improving access to a wide range of health services, providing high quality health and beauty products and offering anytime, anywhere convenience across its digital platforms, WBA is shaping the future of healthcare. WBA has more than 315,000 team members and a presence in nine countries through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. Additionally, WBA has a portfolio of healthcare-focused investments located in several countries, including China and the U.S. The company is proud of its contributions to healthy communities, a healthy planet, an inclusive workplace and a sustainable marketplace. WBA has been recognized for its commitment to operating sustainably: it is an index component of the Dow Jones Sustainability Indices (DJSI) and was named to the 100 Best Corporate Citizens 2021. More company information is available at www.walgreensbootsalliance.com.

Don't miss Walgreens Boots Alliance's next move

Get an email the moment Walgreens Boots Alliance makes an acquisition, hires an exec, or expands — usually minutes after it happens.

One email per event. Unsubscribe anytime.

Related People

Choose your plan to reveal verified contacts

Predictive Intelligence

Strategic

ML-powered predictions for Walgreens Boots Alliance's next move

Learn about Strategic plan

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Target Company?

Target Company was acquired by Walgreens Boots Alliance, based in Deerfield. The deal was reported on August 14, 2026. Walgreens Boots Alliance (Nasdaq: WBA) is an integrated healthcare, pharmacy and retail leader serving millions of customers and patients every day, with a 170-year heritage of caring for communities. Walgreens Boots Alliance is privately held and operates in Manufacturing.

When did Walgreens Boots Alliance acquire Target Company?

Walgreens Boots Alliance's acquisition of Target Company was reported on August 14, 2026. Walgreens Boots Alliance Inc. is executing a cash-and-stock merger that provides shareholders of the target company with $11.45 in cash and one share of Walgreens. This strategic move is aimed at supporting growth and scaling operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Target Company do?

Details about the target company are not specified. It is set to become a wholly-owned subsidiary of Trendzon. The acquisition aims to strengthen Trendzon's market presence. Further specifics about its operations and offerings are undisclosed. It is publicly traded (TGT), operating in Artificial Intelligence.