KKR reportedly wants to buy Walgreens
Walgreens reportedly wants to go private, and KKR is said to be interested in buying it. The acquisition would almost certainly be the largest private takeover in history.
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Walgreens reportedly wants to go private, and KKR is said to be interested in buying it. The acquisition would almost certainly be the largest private takeover in history.
Drug store giant Walgreens Boots Alliance is one of the worst stocks in the Dow this year. But shares shot up Tuesday after Reuters reported that the company is considering taking itself private.
Several retailers have pulled Johnson's baby powder from shelves after Johnson & Johnson announced earlier this month it was recalling 33,000 bottles due to asbestos concerns.
Hours before the first federal trial in the opioid epidemic was set to begin, four pharmaceutical companies reached a settlement totaling $260 million.
Walgreens is preparing to test out a new drone delivery service.
Walgreens has decided to raise its minimum age for tobacco sales several weeks after a top federal official chastised the drugstore chain for violating laws restricting access to cigarettes and other products.Walgreens said Tuesday that it will require customers to be at least 21 years old to purchase tobacco in any of its more than 9,500 stores nationwide. That policy starts Sept. 1.
Walgreens stores will no longer sell tobacco products to anyone under the age of 21 starting September 1, the Walgreens Boots Alliance announced Tuesday. Boots is the UK division of the company.
The Food and Drug Administration says Walgreens sells more tobacco products to minors than any other pharmacy chain. Now the agency wants to meet with the company to discuss its tobacco and e-cigarette sales policies.
Kansas will receive nearly a million dollars as its part of a national settlement with Walgreens concerning over-dispensing of insulin pens to Medicare and Medicaid beneficiaries.