Walgreens Sells Another Stake In Distributor Cencora For $300 Million

Walgreens Boots Alliance has sold more shares of drug distributor Cencora for proceeds of about $300 ... [+] million, “primarily for debt paydown and general corporate purposes,” the drugstore giant said Thursday night, Feb. 6, 2025. In this photo, Walgreens signage is displayed outside a Walgreens store June 4, 2003 in Niles, Illinois. (Photo by Tim Boyle/Getty Images)Getty ImagesWalgreens Boots Alliance has sold more shares of drug distributor Cencora for proceeds of about$300 million, “primarily for deb ...