Walgreens Sells Another Stake In Distributor Cencora For $400 Million
CORCencora(COR) forbes.com·2024-05-23 08:35

Walgreens has sold more shares of drug distributor Cencora for proceeds of about 400million,which...[+]willbeusedfordebtpaydownandgeneralcorporatepurposes.Inthis2013photo,asignmarkstheentrancetoaWalgreensstoreinSanFranciscosupscaleUnionSquareshoppingdistrict.(PhotobyRobertAlexander/GettyImages)GettyImagesWalgreensBootsAlliancehassoldmoresharesofdrugdistributorCencoraforproceedsofabout400 million, which ... [+] will be used for “debt paydown and general corporate purposes.”In this 2013 photo, a sign marks the entrance to a Walgreens store in San Francisco's upscale Union Square shopping district. (Photo by Robert Alexander/Getty Images) Getty Images Walgreens Boots Alliance has sold more shares of drug distributor Cencora for proceeds of about 400 million, which will be used for “debt paydown and general c ...