Saturday, April 1, 2023

Logo Central America Link

Alliance Boots buys Mexican pharmacy firm

Wednesday, May 7, 2014

Mexican pharmaceutical company Grupo Casa Saba sold its last remaining business, its pharmacy division, to Britain's Alliance Boots.

The British company agreed to pay $638 million for the Mexican firm's pharmacy division.

"The sale of that business is surprising, as it accounts for 60 percent of the company's revenue," said analyst Dan Wood.

Source (in Spanish): El Financiero