Home Business Walgreens to invest $5.2 billion in Chicago-based VillageMD, taking majority ownership stake

Walgreens to invest $5.2 billion in Chicago-based VillageMD, taking majority ownership stake

by staff

Walgreens has been doing well financially in recent months, as it also works to cut costs. On Thursday, Walgreens reported a strong fourth quarter, topping expectations. For fiscal year 2021, net cash provided by operating activities was $5.6 billion, up $70 million compared with the previous year.

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