With latest ABC stock purchase, Walgreens Boots Alliance now owns a 15% stake

DEERFIELD, Ill. – Walgreens Boots Alliance on Friday announced that it has exercised warrants to purchase 22.7 million shares of AmerisourceBergen common stock for an aggregate payment of approximately $1.2 billion. 

 

The transaction was funded using existing cash on hand.

 

After today’s exercise of these warrants, Walgreens Boots Alliance now owns 34.2 million shares of AmerisourceBergen common stock, or 15% percent of AmerisourceBergen’s outstanding equity. 

 

Walgreens Boots Alliance also continues to hold warrants to purchase an additional 22.7 million shares of AmerisourceBergen common stock, which Walgreens Boots Alliance has the right to exercise beginning in March 2017.