Alliance Boots raises its stake in Germany's Anzag to 82%
This article was originally published in Scrip
Executive Summary
Competition authorities have approved Alliance Boots' acquisition of a 52% stake in Andreae-Noris Zahn (Anzag) which raised its holding in the German company to almost 82%. The UK's company bought the shares for €143 million or €26.1 each and announced its intention to acquire the remaining 18% stake at the same share price.