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Walgreens Boots Alliance Sells Remaining Shares of Option Care Health for Approximately $330 Million of Proceeds
Walgreens Boots Alliance, Inc. (WBA) has announced the sale of 10.8 million shares of Option Care Health, Inc. (OPCH) common stock, generating proceeds of around $330 million. The funds from the sale will primarily be used for debt reduction and to support WBA's strategic priorities as the company continues its transformation into a consumer-centric healthcare company. This move is part of WBA's ongoing efforts to simplify its portfolio and unlock value. With a presence in multiple countries and a focus on retail pharmacy, WBA aims to shape the future of healthcare by providing access to health services, quality products, and digital convenience. The company is committed to creating healthier communities, fostering sustainability, and maintaining an inclusive workplace.
Source: Walgreens Boots Alliance