Walgreens Boots Alliance reported sales increased by 13.6 percent to $30.2 billion in the second quarter ended Feb. 29 as compared to the same quarter a year ago, largely due to the full consolidation of Alliance Boots for the entire quarter this year. Foreign currency conversions negatively impacted sales by around $750 million or 2.4 percent. Adjusted net earnings attributable to Walgreens Boots Alliance increased by 14.4 percent to $1.4 billion compared with the year-ago quarter. The company achieved net synergies of $329 million in the quarter and said it expects to reach at least $1.0 billion in combined net synergies in fiscal 2016 relating to the strategic combination with Alliance Boots. Walgreens Boots Alliance's proposed acquisition of Rite Aid, which was announced in October 2015, is progressing as planned. Rite Aid's stockholders approved the transaction on Feb. 4, 2016. The transaction is expected to close in the second half of 2016.