KKR-led Group Makes $14.8 Billion Bid For Australia's Ramsay Health Care

KKR-led Group Makes $14.8 Billion Bid For Australia’s Ramsay Health Care

By Scott Murdoch and Harish Sridharan (Reuters) -Australia’s largest private hospital operator Ramsay Health Care Ltd said on Wednesday it received an unsolicited A$20.05 billion ($14.80 billion) indicative takeover offer from a consortium led by private equity giant KKR & Co, sending Ramsay’s shares 30% higher. If successful, the takeover would rank as the biggest…

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China's Lockdowns Could Drive More U.S. Policy Action, Says Fed's Kashkari

China’s Lockdowns Could Drive More U.S. Policy Action, Says Fed’s Kashkari

(Reuters) -If lockdowns in China aimed at containing COVID-19 cause further disruptions to global supply chains, the Federal Reserve will need to take even more aggressive action to bring down “much too high” inflation, Minneapolis Fed President Neel Kashkari said on Tuesday. Speaking at an event at Luther College in Decorah, Iowa, Kashkari said in…

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Alabama Settles Opioid Claims With J&J, McKesson, Endo For $276 Million  -attorney General

Alabama Settles Opioid Claims With J&J, McKesson, Endo For $276 Million -attorney General

By Dietrich Knauth (Reuters) -Alabama on Tuesday reached $276 million in settlements with Johnson & Johnson, McKesson Corp and Endo International Plc, resolving claims that the companies fueled an opioid addiction crisis, the state attorney general said. Under the settlement, drug distributor McKesson will pay $141 million toward the state’s efforts to combat the opioid…

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