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  • Walgreens Cuts Stake in AmerisourceBergen Through $1 Billion Share Sale

    Walgreens Cuts Stake in AmerisourceBergen Through $1 Billion Share Sale0

    Walgreens Boots Alliance has sold some AmerisourceBergen (NYSE:ABC) Corp’s shares for proceeds of $1 billion, the U.S. drugstore chain said on Thursday, further cutting its ownership in the drug distributor, by 3% to about 17%. Walgreens, which will remain AmerisourceBergen’ largest shareholder, said it would use the proceeds to pay down debt and to fund

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