Alliance Boots climbs on Walgreens tie-up

 

Click to follow
The Independent Online

Alliance Boots has reported sales for the year to 31 March rose 4.3 per cent to 23.4 billion pounds, with trading profit jumping 0.4 per cent to £1.27 billion.

Private-equity group KKR sold a 45 per cent stake to Walgreens in a £10 billion deal nearly two years ago.

The group, which paid  £141 million in tax for the year, of which £90 million was paid in the UK, continues to come under fire from critics for the low amount of tax it pays in this country.

Comments