Walgreens Sells $1.85B of AmerisourceBergen Shares, Reduces Stake by 16%

What You Should Know:

• Walgreens Boots Alliance announces the sale of shares of AmerisourceBergen Corporation valued at $1.85B for debt paydown and general corporate purposes.
• Walgreens Boots Alliance’s ownership stake of AmerisourceBergen’s common stock has not been impacted but is expected to decrease by to approximately 16 percent.