- Walgreens announced that it paid $970 million to increase its investment in Shields Health Solutions (Shields) — a company that helps hospitals run their own specialty pharmacies. The deal will increase Walgreens’ total ownership in Shields from 23 percent to 71 percent and give the company a bigger position in specialty pharmacies. Walgreens could acquire the remainder of Shields for an estimated $1.25 billion, according to a financial filing. (Press release here)
September 22, 2021
M&A