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CVS in advanced talks to buy Signify Health for about $8 bln – WSJ
Health

CVS in advanced talks to buy Signify Health for about $8 bln – WSJ

CVS Health logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/Register now for FREE unlimited access to Reuters.comRegisterSept 2 (Reuters) - CVS Health Corp (CVS.N) is in advanced talks to buy home-healthcare company Signify Health Inc (SGFY.N) for about $8 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter.CVS appears to have beaten competition including Amazon.com Inc (AMZN.O) and UnitedHealth (UNH.N), who had also been circling Signify for a deal, according to the report. (https://on.wsj.com/3CVi2h1)UnitedHealth never submitted an official bid, WSJ said.Signify has been exploring strategic alternatives since earlier this summer, but there is still no guarantee that CVS will reach a deal, the report...
‘It felt like my insides were crying’: China COVID curbs hit youth mental health
Health

‘It felt like my insides were crying’: China COVID curbs hit youth mental health

HONG KONG, Aug 30 Reuters) - Zhang Meng had a breakdown last December. The 20-year-old found herself sobbing on the stairs of her dorm, driven to despair by repeated COVID lockdowns of her university campus in Beijing.The lockdowns had meant she was mostly confined to her room and unable to meet up with friends. There were also strict curbs on when she could visit the canteen or take a shower. Describing herself as someone who craves in-person social interaction, Zhang said the restrictions had "removed the safety net that was holding me up and I felt like my whole being was falling down".That month, she was diagnosed with major depression and anxiety.Register now for FREE unlimited access to Reuters.comRegisterYao, also 20 and who asked that his first name not be used, had his first br...
Australia’s Ramsay Health gets ‘inferior’ alternate offer from KKR-led group
Health

Australia’s Ramsay Health gets ‘inferior’ alternate offer from KKR-led group

Aug 25 (Reuters) - Australia's Ramsay Health Care Ltd (RHC.AX) said on Thursday it received a "meaningfully inferior" alternate proposal from a group led by KKR & Co (KKR.N) that would allow it to retain a 37% stake in its Paris-based unit Ramsay Generale De Sante (GDSF.PA).Ramsay currently owns over 52% shares in the Paris-based Ramsay Generale De Sante (Ramsay Sante). If accepted, the alternate offer would give the consortium a 15% stake in the hospital operator, while Ramsay shareholders would retain the balance. read more In April, the consortium comprising of private equity giant KKR and Australian pension fund HESTA, among others, made a cash offer of A$88.0 per share - valuing it at around $15 billion - and had been allowed due diligence on a non-exclusive basis.Register now...
Ukraine health crisis worsens as medics work amid shelling – WHO
Health

Ukraine health crisis worsens as medics work amid shelling – WHO

LONDON, Aug 4 (Reuters) - Ukraine is facing a worsening health emergency as the conflict with Russia rages on, the World Health Organization said, with a combination of burnt-out staff, increased shelling and the approach of winter fuelling the agency's concerns.There have been 434 attacks on healthcare facilities in the country, out of 615 such attacks reported this year worldwide, according to a WHO tracker.The WHO's Ukraine emergency co-ordinator Heather Papowitz said healthcare teams in many areas have become used to working with shelling outside their window.Register now for FREE unlimited access to Reuters.comRegister"It's kind of falling off the news in a way... but this is an emergency of public health," Papowitz told Reuters on Wednesday.Russia denies it targets civilians, but ...