Walgreen to Announce Alliance Boots Deal Without Inversion Plan -Sky News

By Dow Jones Business News, 
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Walgreen Co. ( WAG ) is expected to announce as early as Wednesday that it will buy the remaining 55% of pharmacy chain Alliance Boots GmbH that it does not already own, Sky News reported Tuesday, citing people familiar with the matter.

Walgreen will pay about 5 billion pounds ($8.44 billion) to buy the stake, according to the report, which said Walgreen is expected to remain a U.S.-based company rather than pursue a tax inversion plan.

Full story at: http://news.sky.com/story/1313635/walgreens-shuns-inversion-in-5bn-boots-deal

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  08-05-141525ET
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