Walgreens, VillageMD to expand in-store doctors’ offices to hundreds nationwide

Deerfield, Illinois-based Walgreens Boots Alliance Inc. (Nasdaq: WBA) and Chicago-based VillageMD are taking their primary care partnership nationwide after a successful trial in Houston.

The new agreement also includes Walgreens Boots Alliance investing $1 billion in equity and convertible debt over the next three years in VillageMD, a national primary care provider that has a significant portion of its employees based in Houston. That includes a $250 million equity investment to be completed effective…