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Report: UnitedHealth pitches merger deal to Aetna
2015-06-16 16:35:58| Beverages - Topix.net
The Wall Street Journal reports that Minnetonka-based UnitedHealth , the industry's biggest player by revenue, has approached rival Aetna in the market about a possible merger that could be valued at more than $40 billion. The offer is just one of a series of mega-merger proposals bouncing around the insurance industry in the past few weeks.
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China, EU in pledge to get Paris climate deal
2015-06-16 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: China, the world's biggest polluter, will sign a joint pledge with the European Union this month to seek a UN agreement to tackle climate change as one of "the greatest threats facing humanity," according to a draft statement seen by Reuters. Chinese Premier Li Keqiang will endorse the statement at a June 29 summit in Brussels with EU leaders, who are seeking to ratchet up the pressure for a deal at the Paris climate conference late this year, EU officials said. "The EU and China recognise their...
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climate
CVS, Target gain after deal; United Technologies leads Dow losers
2015-06-16 03:11:59| Paper - Topix.net
On Monday, First Solar announced advancements in efficiency in its so-called thin-film solar cells and Newmont's shares were higher as gold futures were among the S&P 500's best performers as the group scored a lift from aa reading of home-builder confidence, which rose to a nine-month high . was leading S&P 500 losers Monday.
Raw deal: Australian railways face funding slash
2015-06-16 01:00:00| Railway Technology
Australias railways have pulled the short straw in the latest round of government infrastructure funding, which heavily prioritises roads over public networks. Eva Grey looks at the surviving railway schemes and the sustainability threat of railway
Will Merck (MRK) Stock be Helped by EC Approval of $17 Billion Sigma-Aldrich Deal?
2015-06-15 22:35:48| Chemicals - Topix.net
Editor's Note: Story has been updated to reflect the purchase of Sigma-Aldrich by German Merck not the American Merck as was previously reported NEW YORK -- Merck shares are down 0.84% to $34.39 in trading Monday but could rebound after regulators at the European Commission approved the company's $17 billion acquisition of American life science company Sigma-Aldrich this afternoon, according to Reuters . The EC said that the decision is conditional on the divestment of certain Sigma-Aldrich assets, including manufacturing facilities in Merck's home country of Germany.
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