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...KKR-owned veterinary hospital operator PetVet is the latest large business to hold discussions with private credit funds as it looks to refinance more than $3bn in loans, said people with knowledge of the...
...Groups have also boosted revenues by offering complementary services like referral centres, laboratories, crematoria and online pharmacies, which meant they could capture more and more of the spend, Weston...
...Walgreens Boots Alliance: The pharmacy chain is expected to report that revenues increased about 3 per cent in the three months ending February....
...Walgreens Boots: The pharmacy group will report its latest quarterly earnings, which analysts expect will show a swing to profitability in the three months to November after opioid-related settlements dragged...
...The reforms will encourage pharmacy benefit managers to limit use of the most expensive drugs. That will hit companies like AstraZeneca, maker of oral cancer drugs such as Tagrisso....
...The pandemic-sparked boom petered out as people reverted to conventional surgeries and pharmacies. Stars of the boom time, such as the US’s Carbon Health, tell an all too common story....
...Among them was the £4.5bn takeover of UK veterinary pharmaceuticals company Dechra, one of the largest leveraged buyouts in the UK last year....
...Brits may be even more obsessed: the veterinary charity PDSA estimates the UK’s pet dog population at 11mn, with owners spending an average of £1,500 per year on vet bills, kibble, grooming and insurance...
...Fedspeak: Federal Reserve Bank of Boston president Susan Collins will speak at a conference hosted by her branch....
...A Kroger spokesperson said that blocking the deal would “harm the very people the FTC purports to serve: America’s consumers and workers”....
...Bank of America has tapped Lukas Poensgen as head of M&A for Germany, Austria and Switzerland, and Juan Vilarino Rumeu as head of M&A for Iberia....
...Moody’s cited the recent default of Rite Aid, which operated more than 2,300 pharmacies across 17 US states, and the distressed debt exchanges of Belgian consumer goods company Ideal Standard International...
...However, scientists are worried about what might happen if the virus reaches Antarctica from the southern tip of South America “where it is affecting significant populations of wild birds,” said Brown....
...An unanticipated boom in demand from China, Latin America, the Middle East and north Africa for alteplase, an off-patent drug used to treat strokes, has led to a shortage of supplies, according to Torsten...
...By the mid-1800s, the US bracketed the landmass called North America....
...Earnings: Private equity firm Carlyle, Taco Bell parent Yum Brands, food producer Kraft Heinz, and pharmacy group CVS Health will report earnings before the opening bell....
...Zhao’s comments align with China’s Global Security Initiative, a manifesto which analysts think ultimately aims to reduce America’s role in global defence....
...The UK’s Competition and Markets Authority is taking aim at the private equity-dominated veterinary market....
...Economists forecast the S&P Case-Shiller index of prices in 20 cities to have increased 0.4 per cent month-on-month in April, from a 0.5 per cent rise in March....
...Its fast- growing Optum unit, which offers everything from data analytics to pharmacy services to ambulatory care, accounted for half of group operating profits last year....
...“All the ephemera of grocery stores, beauty shops, stationery stores, pharmacies – the most boring detritus of daily life – found their way in,” says Weaver....
...Hospitals, pharmacies and doctors’ offices use them for everything from intravenous injection of drugs, to intensive care unit infusion of critical drugs, to the maintenance of catheters....
...The pill will be available to purchase at pharmacies, convenience stores, grocery stores and online....
...Private equity’s increasing ownership of veterinary clinics has put pressure on the pricing power of businesses like Dechra, while also attracting the attention of antitrust regulators in the US....
...These types of firms also became the only option when overleveraged companies needed to refinance their debt, à la Finastra and KKR-backed veterinary hospital operator PetVet....
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