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In March 2016 Walgreens Boots Alliance Inc. announced it would exercise an option to purchase 22.7 million shares of AmerisourceBergen stock and thereby control 15% of the company. In 2012, the firm was the largest by revenue based in Pennsylvania. The company has announced its intention to change its name to Cencora, effective in mid-2023.
It said it now owns around 13% of Cencora's common stock from 15% previously, and that it would use the sale proceeds primarily to pay down debt. Walgreens Boots pockets $992 million after cutting ...
Sales at Cencora's U.S. healthcare business, its largest unit by revenue, came in at $61.3 billion in the second quarter ended March 31, up more than 8% from a year earlier. Total sales rose ...
The company also said it will change its name to Cencora from Aug. 30. AmerisourceBergen reported U.S. revenue of $59.9 billion in the third quarter, up more than 12% from a year earlier. Analysts ...
1961 or 1962 (age 62–63) [1] South Africa. Title. Chairman, president and CEO, AmerisourceBergen. Predecessor. R. David Yost. Successor. incumbent. Steven H. Collis (born 1961) is an American businessman, the chairman, president and chief executive officer (CEO) of Cencora, previously known as AmerisourceBergen.
Walgreens Boots Alliance, Inc. ( WBA) is an American multinational holding company headquartered in Deerfield, Illinois, [2] which owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. The company was formed on December 31, 2014, after Walgreens ...
A federal judge on Monday pared back a U.S. government lawsuit accusing drug distributor Cencora, formerly called AmerisourceBergen, of fueling the nation's deadly opioid epidemic by failing to ...
Cencora, which makes a major chunk of its revenue from its U.S.-focused business, said revenue from the unit was boosted by increased demand for newer diabetes drugs belonging to the GLP-1 class ...