Ornella Barra

Walgreens Boots Alliance Sells Shares of Cencora For $992 Million of Proceeds

Retrieved on: 
Wednesday, February 7, 2024

Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that it has sold shares of Cencora, Inc. (NYSE: COR) common stock pursuant to Rule 144 for proceeds of approximately $942 million and, subject to the completion of the Rule 144 sale, a concurrent share repurchase by Cencora in the amount of approximately $50 million.

Key Points: 
  • Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that it has sold shares of Cencora, Inc. (NYSE: COR) common stock pursuant to Rule 144 for proceeds of approximately $942 million and, subject to the completion of the Rule 144 sale, a concurrent share repurchase by Cencora in the amount of approximately $50 million.
  • Walgreens Boots Alliance’s ownership of Cencora’s common stock has decreased from approximately 15 percent to approximately 13 percent.
  • Walgreens Boots Alliance remains fully committed to the strategic, mutually beneficial relationship with Cencora, which has been a strong and trusted partner since 2013.
  • Chief Operating Officer, International of Walgreens Boots Alliance, Ornella Barra, will continue to serve on Cencora’s Board of Directors.

Walgreens Boots Alliance Sells Shares of Cencora, Inc. for $674 Million of Initial Proceeds

Retrieved on: 
Thursday, November 9, 2023

In addition, and subject to the closing of the Rule 144 transaction, Walgreens Boots Alliance entered into a concurrent share repurchase by Cencora for proceeds of approximately $250 million.

Key Points: 
  • In addition, and subject to the closing of the Rule 144 transaction, Walgreens Boots Alliance entered into a concurrent share repurchase by Cencora for proceeds of approximately $250 million.
  • The contracts are scheduled to settle starting in the fourth quarter of fiscal year 2026, at which time Walgreens Boots Alliance intends to deliver 2.7 million shares of Cencora common stock in the aggregate to the counterparties to the contracts and may receive additional proceeds up to $137 million depending on the stock price at the time.
  • Walgreens Boots Alliance remains fully committed to the strategic, mutually beneficial relationship with Cencora, which has been a strong and trusted partner since 2013.
  • Chief Operating Officer, International of Walgreens Boots Alliance, Ornella Barra, will continue to serve on Cencora’s Board of Directors.

Walgreens Boots Alliance Sells Shares of AmerisourceBergen Corporation for $694 Million of Initial Proceeds

Retrieved on: 
Friday, May 12, 2023

In addition, and subject to the closing of the Rule 144 transaction, Walgreens Boots Alliance entered into a concurrent share repurchase by AmerisourceBergen for proceeds of approximately $50 million.

Key Points: 
  • In addition, and subject to the closing of the Rule 144 transaction, Walgreens Boots Alliance entered into a concurrent share repurchase by AmerisourceBergen for proceeds of approximately $50 million.
  • Proceeds to Walgreens Boots Alliance will be used primarily for debt paydown and general corporate purposes.
  • Walgreens Boots Alliance remains fully committed to the strategic, mutually beneficial relationship with AmerisourceBergen, which has been a strong and trusted partner since 2013.
  • Chief Operating Officer, International of Walgreens Boots Alliance, Ornella Barra, will continue to serve on AmerisourceBergen’s Board of Directors.

Learn as an enquirer, act as a leader with Luiss, one of the world's top-ranked universities, in Rome

Retrieved on: 
Thursday, April 6, 2023

In the presence of its Top Management, it conferred the Doctorate Honoris Causa in Management on Ornella Barra, Chief Operating Officer - International of Walgreens Boots Alliance.

Key Points: 
  • In the presence of its Top Management, it conferred the Doctorate Honoris Causa in Management on Ornella Barra, Chief Operating Officer - International of Walgreens Boots Alliance.
  • During the Ceremony, Ornella Barra gave a Lectio Magistralis entitled "Doing business: the importance of values".
  • Find new challenges every day to grow and improve, and consider each goal as a starting point for new growth.
  • It is essential to continue investing in training, to reactivate the social lift, reduce gaps and guarantee the same opportunities to all ", said President Vincenzo Boccia.

Walgreens Boots Alliance Sells Shares of AmerisourceBergen Corporation for $1.0 billion of Proceeds

Retrieved on: 
Friday, December 9, 2022

Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that it has sold shares of AmerisourceBergen Corporation (NYSE: ABC) common stock pursuant to Rule 144 for proceeds of approximately $0.8 billion and, subject to the completion of the Rule 144 sale, a concurrent share repurchase by AmerisourceBergen for proceeds of approximately $0.2 billion.

Key Points: 
  • Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that it has sold shares of AmerisourceBergen Corporation (NYSE: ABC) common stock pursuant to Rule 144 for proceeds of approximately $0.8 billion and, subject to the completion of the Rule 144 sale, a concurrent share repurchase by AmerisourceBergen for proceeds of approximately $0.2 billion.
  • Proceeds to Walgreens Boots Alliance will be used primarily for debt paydown and the funding of the companys strategic priorities, including the definitive agreement for VillageMD to acquire Summit Health-CityMD.
  • Walgreens Boots Alliance remains fully committed to the strategic, mutually beneficial relationship with AmerisourceBergen, which has been a strong and trusted partner since 2013.
  • Chief Operating Officer, International of Walgreens Boots Alliance, Ornella Barra, will continue to serve on AmerisourceBergens Board of Directors.

Walgreens Boots Alliance Sells Six Million Shares of AmerisourceBergen Corporation

Retrieved on: 
Wednesday, May 11, 2022

Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that it has sold 6.0 million shares of AmerisourceBergen Corporation (NYSE: ABC) common stock pursuant to Rule 144 at a price of $150 per share.

Key Points: 
  • Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that it has sold 6.0 million shares of AmerisourceBergen Corporation (NYSE: ABC) common stock pursuant to Rule 144 at a price of $150 per share.
  • Walgreens Boots Alliance remains fully committed to the strategic, mutually beneficial relationship with AmerisourceBergen, which has been a strong and trusted partner since 2013.
  • Chief Operating Officer, International of Walgreens Boots Alliance, Ornella Barra, will continue to serve on AmerisourceBergens Board of Directors.
  • Proceeds to Walgreens Boots Alliance are expected to be approximately $900 million, which the company intends to use primarily for debt paydown and the continued support of its strategic priorities.

Walgreens Boots Alliance Appoints Rosalind Brewer as Chief Executive Officer, and Stefano Pessina as Executive Chairman of the Board

Retrieved on: 
Tuesday, January 26, 2021

Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced the appointment of Rosalind (Roz) Brewer as the companys Chief Executive Officer, effective on March 15, 2021.

Key Points: 
  • Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced the appointment of Rosalind (Roz) Brewer as the companys Chief Executive Officer, effective on March 15, 2021.
  • She succeeds Stefano Pessina who, as previously announced, will transition to the role of Executive Chairman of the Board of WBA.
  • Pessina has served as the CEO of the combined company for six years following the merger between Walgreens and Alliance Boots in December 2014.
  • Pessina will replace James (Jim) Skinner as Executive Chairman of WBA in March 2021.

AmerisourceBergen and Walgreens Boots Alliance Announce Strategic Transaction

Retrieved on: 
Wednesday, January 6, 2021

AmerisourceBergen Corporation (NYSE: ABC) and Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced strategic agreements under which AmerisourceBergen will acquire the majority of Walgreens Boots Alliances Alliance Healthcare businesses for approximately $6.5 billion, comprised of $6.275 billion in cash and 2 million shares of AmerisourceBergen common stock.

Key Points: 
  • AmerisourceBergen Corporation (NYSE: ABC) and Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced strategic agreements under which AmerisourceBergen will acquire the majority of Walgreens Boots Alliances Alliance Healthcare businesses for approximately $6.5 billion, comprised of $6.275 billion in cash and 2 million shares of AmerisourceBergen common stock.
  • I look forward to extending and expanding our successful partnership with Walgreens Boots Alliance and welcoming the industry-leading team at Alliance Healthcare to AmerisourceBergen.
  • Walgreens Boots Alliance is the largest shareholder of AmerisourceBergen with a stake of nearly 30 percent, and Ornella Barra, Co-Chief Operating Officer, Walgreens Boots Alliance, is a Board Member of AmerisourceBergen.
  • In addition to the transaction announced today, Walgreens Boots Alliance and AmerisourceBergen have extended their U.S. strategic partnership through 2029.

Walgreens Boots Alliance and McKesson Complete the Formation of German Wholesale Joint Venture

Retrieved on: 
Monday, November 2, 2020

Walgreens Boots Alliance (Nasdaq: WBA) and McKesson Corporation (NYSE: MCK) today announced the completion of their previously announced agreement to create a joint venture combining their respective pharmaceutical wholesale businesses in Germany, Alliance Healthcare Deutschland (AHD) and GEHE Pharma Handel (GEHE).

Key Points: 
  • Walgreens Boots Alliance (Nasdaq: WBA) and McKesson Corporation (NYSE: MCK) today announced the completion of their previously announced agreement to create a joint venture combining their respective pharmaceutical wholesale businesses in Germany, Alliance Healthcare Deutschland (AHD) and GEHE Pharma Handel (GEHE).
  • WBA holds a 70 percent controlling equity interest in the joint venture and McKesson holds the remaining 30 percent interest.
  • At Walgreens Boots Alliance, we all look forward to working together with McKesson Corporation on this joint venture, said Ornella Barra, co-chief operating officer, Walgreens Boots Alliance.
  • The completion of this strategic partnership with Walgreens Boots Alliance enables us to strengthen and secure the future of pharmaceutical distribution in the German market, said Kevin Kettler, chairman of the management board and president McKesson International.

Walgreens Boots Alliance Co-COO Ornella Barra Highly Commended for Responsible Business Leadership

Retrieved on: 
Monday, October 12, 2020

Walgreens Boots Alliance (Nasdaq: WBA) is delighted to announce that Co-Chief Operating Officer Ornella Barra was highly commended for her sustainability leadership at the Responsible Business Awards 2020, recognizing her innovation and her passionate commitment to promoting community health.

Key Points: 
  • Walgreens Boots Alliance (Nasdaq: WBA) is delighted to announce that Co-Chief Operating Officer Ornella Barra was highly commended for her sustainability leadership at the Responsible Business Awards 2020, recognizing her innovation and her passionate commitment to promoting community health.
  • Ornella is clearly someone that understands the importance of putting sustainability at the heart of the business.
  • Its clear where her passion lies and where she's been most influential, the Responsible Business Awards judges said in recognizing Ms. Barra.
  • Her focus on sustainability extends back more than 26 years during her leadership at Alliance Boots and Alliance Unichem.