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Walgreens to acquire remaining stake in specialty pharmacy Shields

Posted On: Sep. 21, 2022 10:03 AM CST

Walgreens Boots Alliance Inc. on Sept. 20 said it will buy the remaining stake in specialty pharmacy company Shields Health Solutions for approximately $1.37 billion, Fierce Healthcare reports. Walgreens last year spent $970 million to increase its stake in the company to 71% with the possibility of taking full ownership over the pharmacy company.