Walgreens boots alliance sells shares of cencora for $400 million of proceeds

Deerfield, ill.--(business wire)--walgreens boots alliance, inc. (nasdaq: wba) today announced that it has sold shares of cencora, inc. (nyse: cor) pursuant to a share repurchase by cencora in the amount of approximately $400 million. with the transaction, walgreens boots alliance's ownership of cencora's common stock has decreased from approximately 13 percent to approximately 12 percent. proceeds to walgreens boots alliance will be used primarily for debt paydown and general corporate purpose.
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