Walgreens Boots Alliance Buying Remaining Stake in CareCentrix for $392M

Walgreens Boots Alliance today announced the acceleration of its plans to acquire full ownership of CareCentrix, expanding its reach into the growing homecare sector and advancing its healthcare long-term growth strategy. WBA has entered into a definitive agreement to acquire the remaining 45% stake for approximately $392 million, which is based on the exit multiple agreed to at the time of WBA’s initial majority investment announcement in CareCentrix.

CareCentrix says it is an industry leader in the $75 billion post-acute and home care industry, providing care coordination and outsourced benefit management services. Read more.

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