Press Digest: Wall Street Journal - Nov. 7

Avid Bioservices

07/11/2024 08:14

Nov 7 (Reuters) - The following are the top stories in
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
    
    - Blackstone Real Estate entered into an agreement to take
Retail Opportunity Investments Corp  ROIC.O  private in an
all-cash transaction valued at about $4 billion, including debt.
    
    - U.S. healthcare conglomerate CVS Health  CVS.N  named
Steve Nelson, a former UnitedHealth  UNH.N  insurance head, to
run its Aetna business. 
    
    - California-based Avid Bioservices  CDMO.O  said it would
be acquired by funds managed by GHO Capital Partners and
Ampersand Capital Partners in a deal valued at about $1.1
billion.
    
    - Canada ordered Chinese-owned TikTok's business in the
country to be dissolved, citing national-security risks. 
    
    - AstraZeneca  AZN.L  said its China executive vice
president Leon Wang is under detention by Chinese authorities
investigating the pharmaceutical company's employees in the
country. 
    
   
        
  

        
  
        
  

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))