Walgreens Contemplates $4B Sale of Shields Health Solutions

Walgreens Boots Alliance Explores $4 Billion Sale of Specialty Pharmacy Business

Walgreens Boots Alliance is reportedly considering the sale of its specialty pharmacy business, Shields Health Solutions, in a potential deal that could exceed $4 billion. This move is part of the company’s strategy to streamline operations and focus on its core pharmacy and healthcare segments. Despite facing financial challenges, Walgreens aims to achieve sustainable growth and cut costs by $1 billion in Fiscal 2024. The recent surge in Shields’ sales aligns with the company’s broader goals.