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Tag: Chinese retail pharmacy chain

Walgreens Boots Alliance to acquire 40 percent minority stake in Chinese retail pharmacy chain Guoda Drugstores Co., Ltd.

DEERFIELD, Ill., 2017-Dec-07 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today (December 06, 2017) announces that it has reached an agreement with China National Accord Medicines Corporation Ltd. to become an investor in its subsidiary Sinopharm Holding Guoda Drugstores Co., Ltd. (“GuoDa”), which operates and franchises retail pharmacies across China. Following a…

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