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Mike Spector

Centerbridge explores sale of Versant Health: sources

10 Dec 2019

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.

Exclusive: Former Honeywell CEO in bid talks for Vertiv - sources

02 Dec 2019

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.

Exclusive: Sears says it has secured a $250 million lifeline, will close 96 stores

07 Nov 2019

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.

Exclusive: Walgreens has explored taking drug store chain private - sources

06 Nov 2019

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.

EXCLUSIVE-Walgreens has explored taking drug store chain private -sources

05 Nov 2019

* Walgreen's shares rise 8% on the news (Adds background on Walgreens dealmaking, PIX available)

McDonald's ousts CEO over consensual relationship with employee

04 Nov 2019

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

J&J CEO testified Baby Powder was safe 13 days before FDA bombshell

26 Oct 2019

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

How SoftBank made WeWork an offer it had to accept

25 Oct 2019

By Mike Spector, Joshua Franklin, Greg Roumeliotis and Anirban Sen

REFILE-How SoftBank made WeWork an offer it had to accept

25 Oct 2019

By Mike Spector, Joshua Franklin, Greg Roumeliotis and Anirban Sen

World News