News & Announcements

Weil Serves as Antitrust Counsel to Walgreens Boots Alliance in its $5.175 Billion Purchase of 2,186 Rite Aid Stores

Weil is serving as antitrust counsel to Walgreens Boots Alliance, Inc., a leading retail pharmacy, health and daily living destination in the United States and Europe, in its definitive agreement to purchase from Rite Aid Corporation 2,186 of its stores, three distribution centers as well as related inventory. This is an all cash transaction valued at $5.175 billion, which is subject to antitrust regulatory approval and other customary closing conditions.

Weil’s Antitrust team includes global head of Antitrust/Competition Steven Newborn, partners Steven Bernstein, Jeff Perry and Jeff White, counsel Vadim Brusser and associates Megan Granger, Angela Diveley and Brittany Constance.