Private equity firm Centerbridge Partners LP is exploring a sale of Versant Health in a deal which could value the U.S. managed vision care benefits company at more than $2 billion, including debt, people familiar with the matter said on Tuesday.
A company led by former Honeywell International Inc chief executive David Cote and backed by Goldman Sachs Group Inc is in talks to acquire U.S. backup power equipment firm Vertiv for more than $5 billion, including debt, according to people familiar with the matter.
NEW YORK Sears told Reuters on Thursday it had won a $250 million (£195.05 million) lifeline from lenders that include billionaire owner Eddie Lampert, and will close additional stores, as mounting losses strain the beleaguered U.S. department store chain's finances.
Walgreens Boots Alliance Inc has been exploring whether to go private following private equity interest in the U.S drug store chain, which has a market value of more than $55 billion, according to people familiar with the matter.
* Walgreen's shares rise 8% on the news
(Adds background on Walgreens dealmaking, PIX available)
McDonald's Corp dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy, the fast-food giant said on Sunday. | Video
LOS ANGELES/NEW YORK Facing off against a plaintiff’s lawyer for the first time about Johnson & Johnson’s Baby Powder, the company’s Chief Executive Alex Gorsky earlier this month insisted that the company’s iconic brand was safe. | Video
By Mike Spector, Joshua Franklin, Greg Roumeliotis and Anirban Sen
By Mike Spector, Joshua Franklin, Greg Roumeliotis and