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KKR to buy Envision Healthcare for $5.57bn

Bloomberg Private equity firm KKR & Co. will buy Envision Healthcare Corp. for $5.57 billion plus debt, after a lengthy sale process by the hospital staffing and surgical center company. Including debt, the all-cash purchase will value Envision at $9.9 billion, the health-care company said in a statement. Envision said the $46-a-share price represents a 32 percent premium to its ...

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Publishers slam Facebook ad policy

Bloomberg Facebook Inc. is facing more blowback for its decision to categorise the promotion of news articles as political content, with global publishers now urging Chief Executive Officer Mark Zuckerberg to change its policy. Seven trade groups representing media publishers and broadcast organis­ations in more than 120 countries including the New York Times, BBC.com and 21st Century Fox, sent a ...

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UK employment rise beats forecast; wage growth slows

Bloomberg The UK economy continued to create jobs at a healthy pace in the three months through April but wage growth unexpectedly slowed. The employment rate reac-hed a record-high 75.6 percent after economy added 146,000 jobs, more than the 120,000 predicted by economists. The jobless rate held at 4.2 percent, its lowest since 1975. However, a surprise moderation in the ...

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