CVS digs into primary care with $9.5 billion Oak Street Health deal By Reuters

[ad_1] © Reuters. FILE PHOTO: CVS Health logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration By Bhanvi Satija and Raghav Mahobe (Reuters) – CVS Health Corp (NYSE:) will buy Oak Street Health Inc for about $9.5 billion in cash, joining rivals in adding primary care to its portfolio as pressure … Read more

Ancora secures Ritchie Bros stake, criticizes investors opposing $6 billion IAA deal By Reuters

[ad_1] © Reuters. FILE PHOTO: The sign outside Richie Bros. Auctioneers is seen in Longmont, Colorado, U.S., February 21, 2017. REUTERS/Rick Wilking By Svea Herbst-Bayliss NEW YORK (Reuters) -Ancora Group Holdings, a key shareholder in U.S. auto retailer IAA (NYSE:), has accumulated a new 0.5% stake in Canada’s Ritchie Bros (NYSE:) Auctioneers and is calling … Read more

CVS Health confirms deal to buy Oak Street Health for $10.6 billion By Investing.com

[ad_1] © Reuters. CVS Health (CVS) confirms deal to buy Oak Street Health (OSH) for $10.6 billion By Senad Karaahmetovic CVS Health (NYSE:) today confirmed it has reached an agreement to acquire Oak Street Health (NYSE:) for $39 per share in cash, at an enterprise value of about $10.6 billion or an equity value of … Read more

BP profit soars to record $28 billion, dividend increased By Reuters

[ad_1] © Reuters. FILE PHOTO: The logo of BP is seen at a petrol station in Kloten, Switzerland October 3, 2017. REUTERS/Arnd Wiegmann By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP (NYSE:) reported on Tuesday a record profit of $28 billion in 2022, lifted by a surge in energy prices since Russia’s invasion … Read more

Holcim to acquire U.S. roofing systems firm Duro-Last for $1.29 billion By Reuters

[ad_1] © Reuters. FILE PHOTO: The logo of Swiss cement maker Holcim is seen at its headquarters in Zug, Switzerland October 26, 2022. REUTERS/Arnd Wiegmann/File Photo ZURICH (Reuters) – Holcim (SIX:) AG on Tuesday said it has agreed to acquire U.S. roofing systems manufacturer Duro-Last. The Swiss cement maker said the transaction is valued at … Read more

Some Adani shares climb, after group’s market losses top $110 billion By Reuters

[ad_1] © Reuters. An activist of the youth wing of India’s main opposition Congress party holds a placard featuring Gautam Adani, chairman of Adani Group, during a protest against what they say are investments by Life Insurance Corporation (LIC) and State Bank of India (SB BENGALURU (Reuters) – Shares of some listed Adani group companies, … Read more

Bed Bath & Beyond moves to raise $1 billion as bankruptcy clouds loom By Reuters

[ad_1] © Reuters. A shopping cart is seen at a Bed Bath & Beyond store in Manhattan, New York City, U.S., June 29, 2022. REUTERS/Andrew Kelly (Reuters) -Bed Bath & Beyond Inc said on Monday it was planning to raise some $1 billion through an offering of preferred stock and warrants, in a last-ditch effort … Read more

Abbvie plans to lift $2 billion cap on deals

[ad_1] © Reuters. FILE PHOTO: A sign stands outside a Abbvie facility in Cambridge, Massachusetts, U.S., May 20, 2021. REUTERS/Brian Snyder/ (Reuters) – Abbvie will lift a self-imposed $2 billion limit on acquisitions and mergers placed following a $63 billion deal for Botox maker Allergan (NYSE:) in 2020 that shot up its debt, the company’s … Read more

Australian gold miner Newcrest gets $16.9 billion buyout offer from Newmont Corp By Reuters

[ad_1] © Reuters. FILE PHOTO: A small toy figure and imitation gold are seen in front of the Newcrest logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration (Reuters) – Australia’s No. 1 gold miner Newcrest Mining (OTC:) Ltd on Monday said it received a non-binding all-stock takeover offer implying an equity value of … Read more