Walgreen explores sale of $1.5 billion infusion business: sources

Posted on Tuesday, September 23, 2014


Walgreen explores sale of $1.5 billion infusion business: sources

People walk by a Walgreens store in PasadenaBy Soyoung Kim and Greg Roumeliotis NEW YORK (Reuters) - U.S. drugstore chain operator Walgreen Co is exploring the sale of a majority stake in its infusion services business, in a deal that could value that division at around $1.5 billion, according to four people familiar with the matter. The Deerfield, Illinois-based company has hired Bank of America Corp to run a sale process for Walgreens Infusion Services, which has already attracted interest from private equity firms, the people said this week. ...



Ebola's murderous path from a toddler to global mayhem

A resident sick from Ebola waits outside a new treatment centre in Monrovia, Liberia, on September 23, 2014Geneva (AFP) - When a toddler in a remote Guinean village suddenly died from a mysterious fever last December, no one could have imagined it signalled the start of the worst-ever Ebola epidemic.



Factbox: Pending 'inversions' that new U.S. Treasury rules may hit

(Reuters) - The Obama administration has imposed new rules, effective immediately, meant to curb "inversion" deals. A handful of companies in the midst of completing such tax-avoiding transactions are potentially affected. Here is a list of pending inversions that may be complicated by the new rules: * Mylan Inc , a generic drugmaker based in Pennsylvania, plans to pay $5.3 billion to acquire a chunk of Abbott Laboratories' non-U.S. business. The tax home of the new company would be the Netherlands. ...

Chicago church gives congregants $500 each to spend for good

By Mary Wisniewski CHICAGO (Reuters) - Churchgoers grumble that they always get hit with pleas for money. But congregants at a Chicago church this month got a surprise - they each received a check for $500, with instructions to go out and do something good with it. "I was just in disbelief," said Valency Hastings, 42, when she got her check from the non-denominational LaSalle Street Church on the city's near north side. "The enormity of the responsibility of it has begun to sink in. ...

U.S. hospitals unprepared to handle Ebola waste

Undated file handout shows an isolation room at Emory University Hospital in AtlantaWaste management companies are refusing to haul away the soiled sheets and virus-spattered protective gear associated with treating the disease, citing federal guidelines that require Ebola-related waste to be handled in special packaging by people with hazardous materials training, infectious disease and biosafety experts told Reuters.







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