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Walgreens Boots Alliance Completes Majority Share Acquisition Of Carecentrix

RECENTLY ACQUIREDAug 31, 2022

Acquiring Company

Walgreens Boots Alliance

Acquired Company

CareCentrix

DeerfieldHartfordManufacturingHealth CareRetailHealth Care

Description

Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced it has completed its previously announced majority share acquisition of CareCentrix, Inc.—the leading independent home-centered platform that coordinates care to the home for health plans, patients and providers. The majority investment in CareCentrix accelerates Walgreens Health’s capabilities in delivering quality healthcare across a spectrum of settings including primary care, specialty pharmacy care, post-acute care and home care.

Quick answer

Walgreens Boots Alliance is acquiring CareCentrix, announced August 31, 2022. Walgreens Boots Alliance is based in Deerfield, Illinois, United States.

How much did Walgreens Boots Alliance pay for CareCentrix?
The deal value was not disclosed.
What does Walgreens Boots Alliance do?
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.
Where are Walgreens Boots Alliance and CareCentrix based?
Walgreens Boots Alliance is based in Deerfield, Illinois, United States. CareCentrix is based in Hartford, Connecticut, United States.
Who are the decision-makers at Walgreens Boots Alliance?
Fundz holds 3 contacts at Walgreens Boots Alliance. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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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.

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Frequently asked

Who acquired CareCentrix?

CareCentrix was acquired by Walgreens Boots Alliance, based in Deerfield. The deal was reported on August 31, 2022. 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 CareCentrix?

Walgreens Boots Alliance's acquisition of CareCentrix was reported on August 31, 2022. Walgreens Boots Alliance, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CareCentrix do?

CareCentrix provides in-home care solutions to payors and employers to help their members and employees receive the right home care at the right time. It is privately held, operating in Health Care, and is based in Hartford.

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