"We are uniquely positioned to be a leader and a champion for accessible, affordable health care, and that means continuing to innovate, to find new ways to be as efficient as possible, and more agile and nimble as we compete in the worldwide market," said Walgreens Boots Alliance president and CEO Greg Wasson in a statement.
The combined company will be the largest purchaser of prescription drugs and other health products in the world, with more than 11,000 stores in 10 countries and 370 distribution centres.
Its main headquarters will be in the Chicago area. Boots will continue to be headquartered in Nottingham, where the companies was founded by its namesake.
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