date:Aug 07, 2014
s, is itself headquartered in Switzerland, and Walgreens' shareholders may be disappointed by the decision not to pursue the inversion, as many were keen for the company to exploit the tax savings that are possible if the headquarters were to be moved to Switzerland.
The full takeover of Boots is likely to take place next year, between February and August.
Walgreens operates over 8,200 shops in 50 US states. The takeover of Boots will create a pharmacy giant with over 11,000 stores worldwide.