Walgreens takes £4bn dividend from UK arm as Boots sale deadline looms

Order counter of new McDonald’s store in Bow

Boots’ US owner Walgreens has extracted $5.3bn (£4.3bn) in dividends from its UK arm.

The high street chemist’s holding company Superior Holdings also paid $4.1bn (£3.4bn) in dividends to Walgreens last year and a $909.6m (£744m) dividend the year before that, despite taking advantage of government support schemes worth millions of pounds during the pandemic.

 

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