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Ramaphosa urges care as virus cases top 500,000

Bloomberg South African President Cyril Ramaphosa urged citizens to remain careful and adapt to measures necessary to limit the spread of the coronavirus pandemic as confirmed infections in the country breached 500,000. “We must maintain our vigilance until we have no more coronavirus cases in our country,” Ramaphosa said. “If we do not do so, there is the risk of ...

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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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