A Russian court on Wednesday
released three men who were taken into custody last year in an
embezzlement case against the Baring Vostok private equity
group, placing them under house arrest instead, the RIA news
CVS Health Corp reported a
higher-than-expected fourth-quarter profit on Wednesday as its
stores sold more medicines and the pharmacy benefit management
(PBM) business benefited from higher U.S. prescription drug
Buyout fund Cinven has
launched preparations for a potential stock market listing of
German laboratory services group Synlab, while also sounding out
potential buyers for a 5.5 billion euro ($6 billion) deal,
sources close to the matter said.
Creditors of Premier Oil gave the
indebted oil and gas producer their approval for $800 million of
North Sea acquisitions under a scheme that would allow it to
delay debt repayments and issue new shares.
First Abu Dhabi Bank (FAB)
sold on Wednesday 450 million pounds ($584 million) of
three-year sterling-denominated bonds at 98 basis points (bps)
over UK gilts, according to an investment note seen by Reuters.