Envision Healthcare is planning to file for chapter 11 bankruptcy protection, capping one of the biggest losses ever for the physician-staffing company’s backers at private-equity firm KKR
The bankruptcy filing, which could be made as soon as this weekend, will wipe out KKR’s investment.
in a $5.5 billion buyout in 2018. Including debt, the deal was worth about $10 billion, making it one of KKR’s largest investments in the healthcare industry.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elizabeth Holmes still believes she can revolutionize healthcare: NYTElizabeth Holmes said she still believes Theranos could have revolutionized healthcare and is working on new inventions: 'I still feel the same calling to it'
Read more »
WSJ News Exclusive | Carbon Markets Get Boost From Wall StreetThe booming market for carbon credits could go mainstream under a plan to make it easier for financial firms to create products such as exchange-traded funds
Read more »
WSJ News Exclusive | Concern Over TD Anti-Money-Laundering Practices Helped Scuttle First Horizon DealToronto-Dominion Bank’s handling of suspicious customer transactions was behind regulators’ refusal to bless the Canadian lender’s $13.4 billion bid to buy First Horizon, people familiar with the matter said.
Read more »
Regulators' concern over TD anti-money-laundering practices helped scuttle First Horizon deal - WSJToronto-Dominion Bank's handling of 'suspicious' customer transactions was behind regulators' refusal to approve the lender's $13.4 billion deal to buy First Horizon , the Wall Street Journal reported on Monday, citing people familiar with the matter.
Read more »
Jewish Communities Rally Around WSJ Reporter Evan Gershkovich, Advocate for His ReleaseThe Jewish Federations of North America is asking Secretary of State Antony Blinken to use all available resources to secure the release of Wall Street Journal reporter Evan Gershkovich
Read more »