CVS to buy insurance giant Aetna in $69bn deal

CVS to buy insurance giant Aetna in $69bn deal

CVS will buy insurance giant Aetna in a roughly $69bn deal that will help the drugstore chain provide more healthcare and keep a key client, according to a person with knowledge of the matter. The person said on Sunday that CVS Health will pay about $207 in cash and stock for each share of Aetna. The person spoke on condition of anonymity because the deal has not been announced publicly. Reports of a possible deal first surfaced in late October. The deal pairs a company that runs more than 9,700…

Read More

21st Century Fox ‘restarts talks’ for possible sale to Walt Disney

21st Century Fox ‘restarts talks’ for possible sale to Walt Disney

The Rupert Murdoch-controlled 21st Century Fox has restarted talks to sell most of the company, including UK broadcaster Sky, to Walt Disney, it was reported on Sunday. The negotiations centre on Fox’s film studio, cable channels such as FX, and international businesses including India’s Star network and Sky, the Financial Times reported, citing “multiple people with knowledge of the talks”. The apparent talks come as Fox struggles to secure full control of Sky for the second time in a decade. The £11.7bn ($15.41bn) deal has run foul of regulator concerns…

Read More

Giulio Regeni’s supervisor must not be blamed for his murder

Giulio Regeni’s supervisor must not be blamed for his murder

We reject the malicious and unfounded allegations made against Dr Maha Abdelrahman in Italy’s La Repubblica newspaper on 2 November 2017. Dr Abdelrahman is an internationally renowned scholar at Cambridge University. She supervised Giulio Regeni, an Italian PhD student researching Egyptian independent trade unions, who was abducted, brutally tortured and murdered in Cairo in early 2016 (Letters, 9 February 2016). Despite strong evidence implicating Egypt’s security forces in Giulio’s murder, La Repubblica’s article suggests Dr Abdelrahman is responsible, alleging she commissioned Giulio to research a topic she knew was dangerous…

Read More