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CVS to buy Aetna for $67.5bn, remaking health care sector

Bloomberg CVS Health Corp. will buy Aetna Inc. for about $67.5 billion, creating a health-care giant that will have a hand in everything from insurance to the corner drugstore. CVS will pay $207 a share for Aetna, with $145 a share in cash and the rest in stock, the companies said in a statement. That’s a 29 percent premium to ...

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Volkswagen unveils electric minibus

Bloomberg Volkswagen AG’s Moia division unveiled a six-seater, battery-powered minibus to enter the market of app-based ride hailing and car-pooling, taking on the likes of Uber Technologies. The modified van will begin roaming the streets of Hamburg in the second half of next year, although Moia aims to roll out the service internationally, Ole Harms, chief executive of the division, ...

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London, Brussels fail to clinch a breakthrough on Brexit

Bloomberg London and Brussels failed to clinch a long-sought breakthrough on Brexit after a series of dramatic twists that saw a tentative deal derailed by the delicate question of the Irish border. “It was not possible to reach a complete agreement today,” European Commission President Jean-Claude Juncker told reporters. Talks will resume this week and he’s confident there will be ...

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