THE DEAL: Drugstore chain Walgreen Co. said Tuesday it has expanded its supply agreement with AmerisourceBergen Corp. through a 10-year deal that gives it and European health and beauty retailer Alliance Boots a minority stake in the pharmaceutical wholesaler.

THE DETAILS: Walgreen, based in Deerfield, Ill., and Alliance Boots will receive the right to buy up to 7 percent of AmerisourceBergen’s shares and warrants to purchase an additional 16 percent.

Recommended Stories

SpaceX launches extra powerful Super Heavy-Starship test flight as company races toward IPO

Mamdani is costing New York jobs and tax revenue: Joe Concha

Katie Britt drops E-Verify bill to stomp out hiring of illegal workers

BOTTOM LINE: Walgreen said fiscal second-quarter earnings climbed 11 percent, helped by contributions from Alliance Boots, a business sale gain, and its new contract with Express Scripts Holding Co.