Walgreens Boots Alliance to invest $5.2bn in VillageMD.

Walgreens Boots Alliance, a firm that operates retail drugstores that offer a wide variety of prescription and non-prescription drugs, agreed to invest $5.2bn in VillageMD, a provider of healthcare management services. “The best healthcare is deeply rooted in local communities, and Walgreens is committed to expanding convenient access to high-quality and affordable healthcare services to our patients and customers in our neighborhood locations. VillageMD is a leader within the fast-growing, value-based primary care segment with high rates of patient satisfaction and a talented management team who share our strategic vision of the central role that primary care can serve to improve patient outcomes and lower costs," Roz Brewer, Walgreens Boots Alliance CEO.