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Brookfield’s Healthscope bid of $3.3bn aims to outgun BGH

Bloomberg Brookfield Asset Management Inc. offered A$4.35 billion ($3.3 billion) for Australian hospital operator Healthscope Ltd., topping a bid from private equity firm BGH Capital. The Canadian asset manager offered A$2.50 a share in cash, Healthscope said on Monday. That’s 23 percent more than the stock price on April 24, before BGH’s offer was disclosed. Healthscope said it will assess ...

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Suitsupply plans US onslaught with spree of new hires, stores

Bloomberg Suitsupply is suiting up for expansion. The Dutch menswear seller may not yet be a household name outside of the millennial circuit, but it’s spending heavily to change that. It’s gone on a hiring spree to fill its senior ranks — including former executives from Bank of America to Tory Burch — and mapped out a plan for international ...

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What US didn’t learn from the Asian financial crisis

Is the US better off trying to sape the world as party to an imperfect international accord, or as an outsider insisting on better terms? One lesson from the Asian financial crisis of 1997-1998 ought to be: Rejecting ideas from allies merely opens the door to alternatives over which the US will have zero control. This wisdom is newly relevant, ...

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