KKR to sell Walgreen Boots shares in secondary

Walgreens Boots Alliance Inc said May 5 that Kohlberg Kravis Roberts & Co LP is selling 15 million in a secondary offering. KKR also plans to grant the underwriter a 30-day option to buy another 1.5 million shares of Walgreens Boots stock. Following the sale, KKR’s stake in Walgreens Boots will drop to 37.5 million shares.

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