Second Step Transaction has the meaning set out in Section 1.4(b).

Second Step Transaction means the acquisition by Walgreen Co., Walgreens Boots Alliance, Inc. or any of their respective consolidated subsidiaries of the remaining 55% of the issued and outstanding share capital of Alliance Boots GmbH in exchange for £3.133 billion in cash, payable in British pounds sterling, and 144,333,468 shares of Walgreen Co. common stock (or, if the Reorganization is consummated, 144,333,468 shares of Walgreens Boots Alliance Inc.’s common stock rather than Walgreen Co. common stock), subject to certain specified adjustments.

Second Step Transaction means the Distribution or the Other Disposition, as applicable.

Examples of Second Step Transaction in a sentence

The Company accounted for this investment under the equity method until the completion of the Second Step Transaction on December 31, 2014.
Alliance BootsThe Second Step Transaction closed on December 31, 2014, resulting in the acquisition by the Company of 55% of the issued and outstanding share capital of Alliance Boots, increasing its interest to 100%.
Because Walgreens held, prior to the Second Step Transaction, a 50% direct interest and an additional indirect interest in WBAD through its 45% ownership of Alliance Boots, the financial results of WBAD were fully consolidated into the Walgreens financial statements with the remaining 27.5% effective interest being recorded as a noncontrolling interest.
In fiscal 2015, subsequent to the Second Step Transaction, $52 million of acquired available-for-sale securities were sold.
In the event the Second Step Transaction is accomplished via an Other Disposition, the Parties shall cooperate to amend this Article VII in order to accomplish the objectives of this Article VII to the extent practicable in connection with such Other Disposition.

More Definitions of Second Step Transaction

Second Step Transaction shall have the meaning ascribed thereto in subsection 4.02(y)(vi);

Second Step Transaction means a transaction, undertaken after Barrick has acquired Placer Shares under the Bid and after the Bid Expiration Date, to acquire all of the remaining issued and outstanding Placer Shares not then owned by Barrick;

Second Step Transaction means any one or more of a Compulsory Acquisition or Subsequent Acquisition Transaction;

Second Step Transaction means a transaction, undertaken after Bidco has acquired Target Shares under the Bid to acquire all of the remaining issued and outstanding Target Shares not then owned by Bidco;

Second Step Transaction has the meaning given to it under the Business Combination Agreement.

Second Step Transaction means, as provided by the Business Combination Agreement, the acquisition of all remaining issued and outstanding Meridian Shares following the acquisition by Yamana of at least 662/3% of the issued and outstanding Meridian Shares, on a fully-diluted basis, pursuant to the Meridian Offer;