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Argentina’s creditors seeking foreign backing on debt clauses

Bloomberg Argentina’s creditors have approached several international organisations to seek endorsement for a proposal to change the rules that govern some of the country’s overseas securities, according to people familiar with the matter. The International Monetary Fund (IMF), the US Treasury, the International Capital Market Association (ICMA) and the Institute of International Finance (IIF) are among the organisations that have ...

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Siemens Healthineers set to acquire Varian Medical for $16.4bn

Bloomberg Siemens Healthineers agreed to buy Varian Medical Systems in cash in a transaction that values the medical equipment maker at about $16.4 billion, more than 20% above its current market value. The German company offered $177.5 a share for the Palo Alto, California-based business, which will be financed through both debt and equity, Siemens Healthineers said in a statement ...

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UK weighs London lockdown in worst-case scenario: Reports

Bloomberg Prime Minister Boris Johnson is considering sealing off Greater London and ordering at-risk members of the population to stay at home under a potential scenario designed to avert a second national lockdown, according to news reports on Saturday. Possible measures include locking down the capital if infection rates spike and tightening quarantine rules on those flying into the UK, ...

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