AmerisourceBergen Corp. announced on Wednesday that it will acquire Walgreens Boots Alliance Inc.'s Alliance Healthcare businesses for $6.5 billion in a cash-and-stock deal.
According to the terms of the transaction, which is expected to be closed by the end of 2021, AmerisourceBergen will pay Walgreens $6.28 billion in cash and deliver 2 million shares of its common stock.
"This strategic agreement with AmerisourceBergen, which we consider to be the world's leading pharmaceutical wholesaler, is a very positive development for the two companies," Walgreens Chief Executive Officer Stefano Pessina said in the press release.
