Hints and tips:
...As a McKinsey alumnus, my reaction was simply: “Dear God!” My decades of pride in the firm evaporated as I read of the settlement....
...In many ways, the city of Hartford, Connecticut, serves as a decent metaphor for America’s newspaper business....
...In doing so, they are only aping everyone from grocery retailers to pharmacy groups in trying to anticipate how the march of the technology titans will remould their industries....
...But another story is unfolding outside of Rome, as the light dims on a postwar generation of business titans who made themselves and Italy rich....
...A CVS-Aetna deal would combine the third largest health insurer in the US with the two planks of CVS’s business: a pharmacy benefits manager (PBM) that negotiates the prices of medicines with pharma groups...
...The market values of US retail pharmacies such as CVS and Rite Aid have fallen, along with those of other chains, because of the growth of ecommerce....
...The deals have been spurred by quickening global growth and robust business confidence, as well as tax cuts passed in the US last year that have added to the firepower for marquee acquisitions....
...“Sometimes we’ve had over 20 nurses at a time doing that,” says Scott Knoer, chief pharmacy officer at the Cleveland Clinic. “It’s had a huge impact on nursing and pharmacist labour....
...“Those of us doing the research think it’s a major factor in mortality.”...
...Express Scripts and CVS Caremark, two of the biggest forces in US healthcare, have stopped doing business with a pharmacy group controlled by Valeant, prompting a fresh sell-off in the struggling drugmaker...
...Holmes had envisioned a device that would be a “doctor or a pharmacy on your arm”, he says....
...Both pharmacy benefits managers and pharmacy retailers have been active in striking deals in recent years, in an effort to exert pressure on generic and specialty pharma drugmakers....
...“Their way of doing business was completely different and it took us a little while to understand what Shiseido could offer them.” To illustrate the differences, Mr Uotani uses himself as an example....
...Given that year was the peak of the last M&A bubble, a cooling of buyers’ ardour as demand for tax inversions wanes should be welcomed. Sarah Gordon is the FT’s Europe business editor...
...Finally, US pharmacy chain Walgreens said it would not attempt to change its tax domicile or move its corporate headquarters to Europe as part of its £10bn deal to buy the 45 per cent of Alliance Boots that...
...There is a way to profit from the current unprecedented pace of population change and several large fund management groups are turning their collective hands to doing just that....
...It was there for Mr Ackman’s 2008 pharmacy campaigns to attract a bid for Walgreens and then an attempt to force CVS to pay a higher price for Longs Drugs, as well as his recent effort to turn around JC...
...But Bob LaPerle, who worked on the Kodak.com site from 2000 to 2005, claims clients such as US pharmacy chains threatened to drop Kodak products in favour of archrival Fujifilm, if the group marketed its...
...“They think of themselves as doing computational finance,” Treleaven said of his students, “but let’s jump forward: people who are interested in politics in the next 10 years will be doing computational...
...“The strategy now is to pay as little severance as possible,” says Goldstein....
...It captures the cut-throat world of 1980s Wall Street, a time when anything could, and did, happen as the traditional way of doing business was turned on its head by upstarts such as KKR....
...with the innovation centre of a big UK pharmacy chain....
...It is the latest sign of how KKR – which backed some of the biggest “mega buy-outs” of the credit bubble – has started doing smaller deals....
...“I’m disappointed, I’m upset, but I can assure your viewers that we are doing everything we can about the situation,” Mr Eckert said on CNN....
...“We’ve built this business from essentially nothing, and we’re fighters and are going to keep building the business.”...
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