Press release
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Walgreens Boots Alliance AmerisourceBergen and Walgreens Boots Alliance Announce Strategic Transaction 1/6/2021 AmerisourceBergen to Acquire Alliance Healthcare Businesses from Walgreens Boots Alliance for $ 6.5 Billion Allows Walgreens Boots Alliance to Increase Its Focus on Further Growing Its Core Retail Pharmacy Businesses In Addition to the Acquisition , Companies Extend and Expand U.S. Commercial Agreements through 2029 to Drive Incremental Growth VALLEY FORGE , Pa . & DEERFIELD , III . , Jan. 6 , 2021 – AmerisourceBergen Corporation ( NYSE : ABC ) and Walgreens Boots Alliance , Inc. ( Nasdaq : WBA ) today announced strategic agreements under which AmerisourceBergen will acquire the majority of Walgreens Boots Alliance's Alliance Healthcare businesses for approximately $ 6.5 billion , comprised of $ 6.275 billion in cash and 2 million shares of AmerisourceBergen common stock . AmerisourceBergen's acquisition of Alliance Healthcare will provide even stronger support for pharmacies and pharmacists across the globe and integrated solutions for pharmaceutical manufacturers . Walgreens Boots Alliance will be able to increase its focus on expanding its core retail pharmacy businesses , bringing even greater healthcare offerings to patients and customers and further accelerating its progress on its clear set of strategic priorities . In addition to this transaction , the two companies have agreed to strengthen their strategic partnership by extending and expanding their commercial agreements . Their US distribution agreement will be extended by three years until 2029 and their partnership is being expanded to include a commitment to pursue additional opportunities in sourcing and distribution . Furthermore , Alliance Healthcare UK will remain the distribution partner of Boots until 2031. Together , these agreements are expected to create incremental growth , synergies and efficiencies . 1