Walgreens Boots Alliance Inc (Deerfield, IL) agreed to sell 56 in-store clinics in the Chicago region to Advocate Health Care (Downers Grove, IL). Walgreen said the move was intended to increase cost-savings and help streamline operations. Advocate ownership will become official in May 2016. No other terms of the agreement were released.
Market Pulse transactions shown herein are provided as a matter of public record. These transactions have been compiled from press releases, corporate announcements and other public sources to provide an overview of acquisition and merger activities within the healthcare and life sciences sectors.