Bloomberg News

Alliance Boots CEO Seeks Global Partner, Handelsblatt Reports

May 17, 2012

Alliance Boots Holdings Ltd. is seeking a “global player” as a partner, Handelsblatt reported, citing an interview with Chief Executive Officer Stefano Pessina.

“I am thinking about a fusion or a partnership with a global player,” Pessina said, according to an e-mailed preview of an article to be published tomorrow.

The CEO said he would prefer partners in the areas of distribution and pharmacies to an alliance with a consumer company such as Procter & Gamble (PG:US) or a health services provider such as Medco Health Solutions Inc., according to Handelsblatt.

To contact the reporter on this story: Naomi Kresge in Berlin at nkresge@bloomberg.net

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net


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Companies Mentioned

  • PG
    (Procter & Gamble Co/The)
    • $83.19 USD
    • -1.04
    • -1.25%
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