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United Kingdom

Carl O'Donnell

Buyout firm Centerbridge makes major investment in GoHealth

19 Aug 2019

Aug 19 Private equity firm Centerbridge Partners LP has made a significant investment in GoHealth LLC, giving the online health insurance marketplace a major new financial backer at a time when the insurance industry is bracing for change.

Buyout firm Centerbridge nears $1.5 bln deal for GoHealth -sources

19 Aug 2019

Aug 18 Private equity firm Centerbridge Partners LP is nearing a deal to acquire a majority stake in GoHealth LLC that could value the U.S. online health insurance marketplace at about $1.5 billion, people familiar with the matter said on Sunday.

Mylan deal puts future of its beleaguered EpiPen in spotlight

29 Jul 2019

Mylan NV's planned merger with Pfizer Inc's off-patent branded drugs business may have boosted its share price on Monday, but one of its most pressing problems remains: shortages of its flagship EpiPen emergency allergy treatment.

Mylan deal puts future of its beleaguered EpiPen in spotlight

29 Jul 2019

Mylan NV's planned merger with Pfizer Inc's off-patent branded drugs business may have boosted its share price on Monday, but one of its most pressing problems remains: shortages of its flagship EpiPen emergency allergy treatment.

Exclusive: White House preparing order that would cut drug prices for Medicare: sources

25 Jul 2019

NEW YORK U.S. President Donald Trump is considering a sweeping executive order that would cut prices on virtually all branded prescription drugs sold to Medicare and other government programs, according to two industry sources who had discussions with the White House.

Slack stock surges at debut, values company at more than $23 billion

21 Jun 2019

NEW YORK Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 50% in their public trading debut on Thursday, valuing the company at more than $23 billion. | Video

Slack to take unusual route to public markets, likely valuing it around $16 billion

20 Jun 2019

NEW YORK, June 20 Slack Technologies, the fast-growing workplace messaging and communication platform, is poised for an unusual public listing on Thursday that will see it trade on the New York Stock Exchange and could value it at around $16 billion, according to a person familiar with the matter.

Exclusive: Behind Grindr's doomed hookup in China, a data misstep and scramble to make up

22 May 2019

Early last year, Grindr LLC's Chinese owner gave some Beijing-based engineers access to personal information of millions of Americans such as private messages and HIV status, according to eight former employees, prompting U.S. officials to ask it to sell the dating app for the gay community. | Video

Occidental seen as a rare victory for hedge funds tracking corporate jets

09 May 2019

Hedge funds paying upward of $100,000 (76,511 pounds) per year to track the flights of corporate jets were vindicated when Occidental Petroleum Corp announced two deals last week that matched locations the U.S. oil and gas company's private plane had recently visited.

Exclusive: Hedge funds target Centene, may oppose WellCare deal-sources

06 May 2019

Hedge funds Corvex Management LP and Sachem Head Capital Management LP have built stakes in U.S. health insurer Centene Corp and are exploring challenging its planned $17.3 billion acquisition of WellCare Health Plans Inc, people familiar with the matter said on Monday.

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