Walgreens Boots Alliance sells Russian wholesale division to Moscow retailer 36.6

DEERFIELD, Ill. – Walgreens Boots Alliance on Monday announced that it has sold its local pharmaceutical wholesale business, Alliance Healthcare Russia, to leading Russian health and beauty retailer 36.6. 

    

Following completion, Walgreens Boots Alliance will own a 15% stake in the 36.6 group.    

 

36.6, which is listed on the Moscow Exchange under ticker APTK, is a leading health and beauty retailer with around 1,000 stores in Moscow and Moscow region. It employs around 4,800 people.