25 November 2014

Alliance Boots notes that Walgreen Co. (Walgreens) has filed and mailed to its shareholders the final proxy statement/prospectus relating to a special meeting of shareholders, which will take place on 29 December 2014 in New York City. This follows the announcement made on 6 August 2014 when Walgreens exercised its option to complete the second step of its strategic transaction with Alliance Boots.

Walgreens shareholders will be asked to consider and vote upon:

  • the establishment of Walgreens Boots Alliance as the new publicly-traded holding company of the new combined enterprise, and
  • the issuance of Walgreens shares necessary to complete Step 2 of the strategic partnership.

Alliance Boots and Walgreens are making significant progress towards closing the transaction, which is still expected before the end of the first calendar quarter of 2015.

ENDS

Notes to editors:

About Alliance Boots

Alliance Boots is a leading international pharmacy-led health and beauty group delivering a range of products and services to customers. Working in close partnership with manufacturers and pharmacists, we are committed to improving health in the local communities we serve and helping our customers and patients to look and feel their best. Our focus is on growing our two core business activities of: pharmacy-led health and beauty retailing and pharmaceutical wholesaling and distribution, while increasingly developing and internationalising our product brands.

Alliance Boots has a presence in more than 27* countries and employs over 120,000* people. We have pharmacy-led health and beauty retail businesses in 11* countries and operate more than 4,600* health and beauty retail stores, of which more than 4,450* have a pharmacy, with a fast growing online presence. In addition, Alliance Boots has around 600* optical practices, of which around 180* operate on a franchise basis, and hearingcare services in around 430* locations. Our pharmaceutical wholesale businesses deliver over 4.5* billion units each year to more than 180,000* pharmacies, doctors, health centres and hospitals from over 370* distribution centres in 20* countries.

In June 2012, Alliance Boots announced that it had entered into a strategic partnership with Walgreen Co. (Walgreens), the largest drugstore chain in the US. In August 2014, Alliance Boots and Walgreens communicated that they plan to merge in the first quarter of calendar 2015 to create the first global pharmacy-led, health and wellbeing enterprise, which will be named Walgreens Boots Alliance.

* Figures are approximations as at 31 March 2014, with the addition of Farmacias Ahumada data at the date of its acquisition on 11 August 2014, and include associates and joint ventures.

For further information, please contact:

Media relations:

Yves Romestan/Laura Vergani/Katie Johnson/Julie Longton, Alliance Boots: +44 (0)207 980 8585
James Murgatroyd/Claire Scicluna, RLM Finsbury: +44 (0)207 251 3801

Investor relations:

Gerald Gradwell, Alliance Boots: +44 (0)207 980 8527 (UK)/+1 646 688 1336 (US)

Full press release as PDF - 25 November 2014

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