Walgreens to buy remaining stake in CareCentrix for $392M

Walgreens Boots Alliance said Tuesday it plans to acquire the remaining 45% stake in CareCentrix, less than two months after becoming the home health company’s majority owner.

The Deerfield, Illinois-based company is paying a total of $722 million to quickly boost its presence in the industry. Walgreens completed its initial $330 million deal with CareCentrix in late August, taking a 55% share in the company that helps transition…