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Walgreens expects to realize annual synergies from new Rite Aid deal of over $300 mln

Tuesday, 19 Sep 2017 08:00am EDT

Sept 19 (Reuters) - Walgreens Boots Alliance Inc::Restated purchase agreement with Rite Aid replaces one in June, which included 2,186 stores, related assets for $5.18 billion .Does not expect deal to have a significant impact to adjusted earnings per share in its fiscal year ending 31 August 2018​.Company expects to realize annual synergies from new Rite Aid transaction of more than $300 million​.Due to expected timing of store purchases under amended agreement, co does not expect impact to adjusted earnings per share for fiscal year ending 31 Aug. 2018​.

Walgreens expects to realize annual synergies from new Rite Aid deal of over $300 mln

Tuesday, 19 Sep 2017 08:00am EDT

Sept 19 (Reuters) - Walgreens Boots Alliance Inc::Restated purchase agreement with Rite Aid replaces one in June, which included 2,186 stores, related assets for $5.18 billion .Does not expect deal to have a significant impact to adjusted earnings per share in its fiscal year ending 31 August 2018​.Company expects to realize annual synergies from new Rite Aid transaction of more than $300 million​.Due to expected timing of store purchases under amended agreement, co does not expect impact to adjusted earnings per share for fiscal year ending 31 Aug. 2018​.

Luyan Pharma buys 80 pct stake in Chinese herbal medicine factory

Tuesday, 5 Sep 2017 09:46am EDT

Sept 5 (Reuters) - Luyan Pharma Co Ltd <002788.SZ> ::* Says it completed acquisition of 80 percent stake in a Bozhou-based Chinese herbal medicine factory for 56 million yuan .

Allscripts to acquire Mckesson’s Enterprise Information Solutions business

Thursday, 3 Aug 2017 04:01pm EDT

Aug 3 (Reuters) - Allscripts Healthcare Solutions Inc :Allscripts to acquire Mckesson’s enterprise information solutions business.Allscripts to acquire Mckesson’s Enterprise Information Solutions business.Allscripts Healthcare Solutions Inc - deal for ‍$185 million​.Allscripts Healthcare Solutions Inc - ‍Allscripts intends to fund purchase price through its existing secured credit facilities and cash balances​.Allscripts Healthcare Solutions Inc - ‍definitive agreement to acquire Mckesson Corporation's hospital and health system IT business​.

Yunnan Hongxiang Yixintang Pharmaceutical completes acquisition of assets

Wednesday, 26 Jul 2017 12:19am EDT

July 25 (Reuters) - Yunnan Hongxiang Yixintang Pharmaceutical Co Ltd <002727.SZ>:* Says it acquired assets from 95 pharmacies in Sichuan and the previous plan was disclosed on Oct. 21, 2016 .

Qianhai Health says unit enters agreement with Hangzhou Zhongan Hot Spring

Monday, 17 Jul 2017 09:32am EDT

July 17 (Reuters) - Qianhai Health Holdings Ltd <0911.HK>::Zhejiang Huijun entered into agreement with project partner to form JV by way of capital injection for joint development of villas.Zhejiang Huijun will inject capital of RMB102 million into the project co.

Fred's to get $25 mln for expenses related to terminated Walgreens-Rite Aid merger

Thursday, 29 Jun 2017 07:07am EDT

June 29 (Reuters) - Fred's Inc ::Fred's Pharmacy comments on termination of Walgreens-Rite Aid merger and related agreement with Fred’s.Fred's Inc - termination of asset purchase agreement with Walgreens and Rite Aid has no impact on Fred's Pharmacy's transformation.Fred's Inc - will receive $25 million as reimbursement for expenses associated with terminated transaction.Says "‍this is a disappointing outcome"​.Fred's Inc - following termination of the merger, Fred's Pharmacy asset purchase agreement with Walgreens and Rite Aid has also been terminated.

Chuangmei Pharmaceutical Co enters LOI for possible acquisition of property

Tuesday, 13 Jun 2017 09:06am EDT

June 13 (Reuters) - Chuangmei Pharmaceutical Co Ltd <2289.HK>:Company as purchaser entered into LOI with potential vendor in relation to potential acquisition of a property.Co will pay earnest money of RMB1 million for the acquisition.

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