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INSANE: 3 - The Real Truth

Toshiba Gets Privatization Proposals - Guess How Many Are Interested

Japanese multinational Toshiba Corp (OTC:TOSYY) has received eight proposals for privatization and two to form capital alliances that would make it remain listed. The company’s board of directors and a special committee have previously sought proposals for strategic alternatives after the shareholders voted against a proposed restructuring plan. The proposals received are not legally…

Benzinga

Profit strategy: Psychiatric facilities prioritize out-of-state kids

South Carolina children who need immediate, around-the-clock psychiatric care risk being stranded for days — even weeks — waiting for help, only to be sent hundreds of miles away from home for treatment.

Tribune News Service

Chelsea sale: Boston Celtics co-owner Steve Pagliuca outlines plan for bid to buy club

The American, 67, is co-owner of NBA team the Boston Celtics and is co-chairman of Bain Capital

The Independent UK

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Toshiba To Weigh Deals To Go Private

Toshiba Corp (OTC:TOSYY) looks to assess potential bids from private equity and other investors to take the Japanese conglomerate private, the Financial Times reports. The new committee assessing the bids will include the group's six existing independent directors, Tiga Investments founder Raymond Zage and the former Noble Group executive chair Paul Brough. …

Benzinga

Why Walgreens Boots Alliance Shares Are Plunging Today

Walgreens Boots Alliance Inc's (NASDAQ:WBA) Q2 FY22 sales increased 3% Y/Y to $33.8 billion, up 3.8% on a constant currency basis, beating the consensus of $33.36 billion. Omicron variant of COVID-19 intensified demand for booster shots and tests and drove foot traffic during the winter months. Adjusted EPS reached $1.59, beating the…

Benzinga

Call in Parliament to block one of Chelsea bidders amid concerns

Labour former cabinet minister Lord Hain urged the Government to bar the Pagliuca Consortium from the race to snap up the Blues.

The Independent UK

LV=’s on board with £511,000 bonus for boss despite shambles of failed sale

Mark Hartigan has been given £511,000 bonus for 2021 – a humbler CEO would have let the dust settle

The Guardian - UK

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LV= chief under pressure to quit over £511,000 bonus despite botched sale

Mark Hartigan awarded payout by insurer’s board even though deal with Bain Capital fell through

The Guardian - UK

Chelsea sale: Boston Celtics co-owner Stephen Pagliuca joins bidding

The 67-year-old billionaire co-chairman of Bain Capital is the final bidder to make the shortlist

The Independent UK

Who is on the shortlist to buy Chelsea? Takeover latest as potential new owners narrowed down

The Raine Group are believed to have selected their preferred candidates to buy the club

The Independent UK

Bain Capital Launches $560M Crypto Fund Focused On DeFi, Web3 And Liquid Tokens

Bain Capital Ventures (BCV), the venture capital arm of Bain Capital, has launched a $560 million fund focused on the cryptocurrency space.

Benzinga

LV= starts boardroom rebuild after Bain deal failure

Insurance company LV= has moved to shore up its board in the wake of the failed sale to private equity group Bain Capital and confirmed that one of the architects of the botched attempt, chairman Alan Cook, has stepped down.

Evening Standard

LV= chairman to step down after failure of sale to US firm

Alan Cook and other board members to leave after heavy criticism over demutualisation plan

The Guardian - UK

LV= in talks with Royal London over merger as more directors leave

It comes two months after the insurance giant’s failed takeover by Bain Capital.

The Independent UK

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Birmingham Post

LV= and Royal London confirm 'exploratory discussions' on deal

LV= members failed to vote through a proposed sale to Bain Capital last year

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