Wobo Union ended its strategic evaluation and decided to retain Bozi's business with excellent performance

Wobo link (Walgreens Boots Alliance, Inc., Nasdaq: WBA) Today, it announced its decision to retain its existing boots (Boots) and No7 Beauty Company Business . This marks the official conclusion of the strategic focus evaluation of the company since January this year . 

Wobolian has held fruitful consultations with many parties before , Among them, there are potential buyers for the acquisition of boots and No7 Beauty Company Showed great interest , Wobolian is also encouraged . however , Since the start of the evaluation process , Unexpected changes have taken place in global financial markets . Market turbulence has seriously affected the availability of funds , As a result, the quotation of the third party company is too low , Unable to fully reflect Bozi and No7 Beauty Company High potential value . therefore , From the best interests of shareholders , Wobolian decided to remain focused on the further development and profitability improvement of these two companies . 

Wobo Union decided to keep Bozi and No7 Beauty Company Another reason for business is , These two companies face various challenges , It has continued to achieve outstanding performance and strong growth beyond expectations . 

Boots is the leading health care and beauty retailer in the UK , Enjoy a unique position in the UK , Is the most trusted in the country 、 One of the most prestigious brands . Since Wobo united in 2014 Since its establishment at the end of the year , Once to Bozi and No7 Beauty Company A lot of investment has been made . In view of the superior asset value and unparalleled development potential of these two companies , Wobolian will continue to invest in these two companies in the future . 

CEO of wobolian Rosalind Brewer Express ： 

“ The company has completed the research on Bozi and No7 Beauty Company A thorough assessment of , The results of the evaluation show that , The financial market changes rapidly and the situation is severe , It's beyond our control . For both companies , Now is a good time , They have unique advantages , We can continue to grasp the future opportunities brought by the growth of the health care and beauty market . The board and I still believe , Bozihe No7 Beauty Company It has excellent internal value . In the long run , We will continue to pay attention to all opportunities , So that these two companies and even the whole wobolian can create the maximum value for shareholders as far as possible .” 

About wobolian

Wobo link (Nasdaq: WBA) It's a health care company 、 A leading company integrating pharmacy and retail business , Serve millions of customers and patients every day . Wobolian owns 170 Years of history and experience , Care about the community . 

As a trusted innovative brand of global retail pharmacies , Wobolian in the United States 、 Europe and Latin America have an appointment 1.3 Ten thousand stores , This enables wablen to play a key role in the healthcare ecosystem . The purpose of wobolian is , Help more people to fully enjoy the happiness of life with a healthy body . To achieve this purpose , Wobolian is reshaping the community health care and welfare system for all . Through dispensing service 、 Provide more people with access to various health services , And provide customers with high-quality health and beauty products and convenience anytime and anywhere through the digital platform , Wobolian is shaping the future of health care . 

Wobolian has 31.5 More than 10000 team members , There are also a series of consumer oriented retail brands , Walgreen (Walgreens)、 Bozi 、 Duane Reid (Duane Reade)、No7 Beauty Company、 Mexican Benavides、 Chilean Ahumada. Besides , Wobolian is also in many countries, including China and the United States , It has a series of investment portfolios focusing on health care . 

Wobolian is concerned about its efforts to build a healthy community 、 Healthy earth 、 Proud of their contribution to an inclusive work environment and sustainable markets . Wobolian's investment in sustainable operation has also been recognized by the outside world ： Wobolian is the Dow Jones Sustainability Index (DJSI) The constituent stock of , Also selected 2021 year 100 The best corporate citizen (100 Best Corporate Citizens 2021).