KKR to take Envision private in $5.57 billion
(Reuters) – KKR & Co said on Monday it will take U.S. physician services provider Envision Healthcare Corp private in a deal valued at $5.57 billion, its second major acquisition in less than two weeks.
Biotech’s Soon-Shiong hiring bankers for Nant cancer drug IPO
LOS ANGELES (Reuters) – Billionaire Patrick Soon-Shiong plans to take an experimental cancer treatment company public this year and has begun hiring bankers, the biotechnology entrepreneur told Reuters.
Audi CEO named as suspect in German emissions probe
FRANKFURT (Reuters) – German prosecutors on Monday widened an emissions cheating probe into Volkswagen’s luxury carmaker Audi to include the brand’s Chief Executive Rupert Stadler among the suspects accused of fraud and false advertising.
Bombardier JV wins $4.9 billion Los Angeles Airport contract
(Reuters) – Bombardier Inc and its partners have been awarded a $4.9 billion contract to build and operate a passenger transit system at the Los Angeles International Airport, the company said on Monday.
Takeda shareholders group say working to block $62 billion Shire deal
TOKYO (Reuters) – A group of Takeda Pharmaceutical Co Ltd shareholders is building support to block the $62 billion acquisition of London-listed Shire Plc at an extraordinary general meeting, a leading member of the group told Reuters on Monday.
HSBC to invest $15-17 billion by 2020 in push for growth
LONDON (Reuters) – HSBC will invest $15-17 billion in the next three years in areas including technology and China as it swings from a strategy of cost-cutting to growth, new CEO John Flint said on Monday, while keeping profitability and dividend targe…
Fed up with rising costs, big U.S. firms dig into healthcare
SAN JOSE, Calif. (Reuters) – At its Silicon Valley headquarters, network gear maker Cisco Systems Inc is going to unusual lengths to take control of the relentless increase in its U.S. healthcare costs.
Audi CEO targeted in German prosecutor’s emissions probe
FRANKFURT (Reuters) – German prosecutors on Monday said they have widened an emissions cheating probe against Volkswagen’s luxury car brand Audi [NSUG.DE] to include Chief Executive Rupert Stadler among the suspects accused of fraud and false advertis…
Daimler shares drop on report up to one million cars contain defeat device
FRANKFURT (Reuters) – Daimler shares fell following a report that up to a million Daimler cars contained illegal defeat devices as Chief Executive Dieter Zetsche prepared to meet the transport minister on Monday.
HSBC to invest $15-17 billion as strategy swings from shrink to grow
LONDON (Reuters) – HSBC will invest $15-17 billion in areas including technology and its core Asian markets of Hong Kong and China as it swings from a strategy of cost-cutting to growth, new Chief Executive John Flint said on Monday.
