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.
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Source: https://www.businesswire.com/news/home/20201102005260/en/Walgreens-Boots-Alliance-and-McKesson-Complete-the-Formation-of-German-Wholesale-Joint-Venture