Finance / Brazil
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Alliance Boots Buys Stake In Wholesaler
August 2008 | M&A News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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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.