WALGREENS BOOTS ALLIANCE BUYS RITE AID FOR $17.2BN

摘要

Beauty and personal care behemoth Walgreens Boots Alliance is due to acquire rival drugstore chain Rite Aid. Headquartered in Pennsylvania, Rite Aid will become a wholly-owned subsidiary of Walgreens Boots Alliance and is expected initially to continue trading under its existing brand name. However, Walgreens did reveal its intention to integrate the two companies in the future.