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Alliance Boots Looking for China M&A


6/12/2013 8:40:47 AM

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by Richard Daverman, PhD

June 11, 2013 -- Alliance Boots, the UK drug wholesaler and pharmacy chain, wants to do deals with local partners to expand its presence in China. “We want to be a national player in our industry in China,” Stefano Pessina, executive chairman of Alliance Boots, said recently. To accomplish that goal, “We need a counterpart willing to deal with us and we are open to do any kind of collaboration with local companies. We are absolutely open,” he continued. More details....

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