THE WHAT? Stefan Pessina, Chairman of Boots, is about to extend his stake in Walgreens Boots Alliance (WBA) to just about 50% as a part of a proposed US$10 billion takeover of the corporate by personal fairness agency Sycamore Companions. THE DETAILS Pessina beforehand held a 17% stake in WBA. The takeover, introduced in March, […]
THE WHAT? Johnson & Johnson’s newest bid to settle tens of 1000’s of talc-related lawsuits has been rejected by a U.S. chapter decide. The proposed US$10 billion deal was meant to resolve ongoing claims that the corporate’s iconic child powder and different talc-based private care merchandise contained asbestos and triggered ovarian most cancers. THE DETAILS […]
