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Luminar Tech CEO Russell to acquire majority stake in Forbes
May 12 (Reuters) – Luminar Technologies (LAZR.O) CEO Austin Russell will buy a majority stake in Forbes Global Media Holdings in a deal that values the business news publisher at nearly $800 million, Russell and Integrated Whale Media Investments (IWM) said in a statement on Friday. The automotive tech billionaire has agreed to acquire 82% …
India’s Torrent Pharma to acquire Sequoia-backed Curatio Health for $245 million
Register now for FREE unlimited access to Reuters.com Register BENGALURU, Sept 27 (Reuters) – Torrent Pharmaceuticals Ltd (TORP.NS) said on Tuesday it will buy dermatology company Curatio Health Care (I) Pvt Ltd for 20 billion Indian rupees ($245.22 million). Sequoia-backed Curatio has a portfolio of over 50 brands that are marketed in India. Torrent Pharma …
UnitedHealth lifts profit outlook as slow elective-care recovery cuts costs
July 15 (Reuters) – UnitedHealth Group Inc (UNH.N) on Friday raised its annual profit forecast for a second straight quarter, as a slow recovery in non-urgent medical procedures and lower COVID-care costs help it rein in medical expenses. Shares of the largest U.S. healthcare company by market value rose 4.5% in morning trade, providing the …