Alliance Boots Buys Stake In Wholesaler

August 2008 | M&A News Alert

In another indication that the UK's Alliance Boots is looking to emerging markets to expand its pharmaceutical wholesale business, the company has purchased a 25% stake in Brazil's Athos Farma for an undisclosed sum. Athos Farma operates a network of 17 warehouses in Brazil's eastern provinces and generated around US$1.1bn revenue in 2007.

If you would like to subscribe to Corporate Financing Week and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Corporate Financing Week please click on the trial link below.