HEALTH (MSM)

Canada's CPPIB to buy GE private equity lending arm for $12 billion

By Euan Rocha TORONTO (Reuters) – Canada Pension Plan Investment Board (CPPIB) said on Tuesday it has agreed to buy GE Capital’s private equity lending portfolio for $12 billion, in a deal that will greatly expand the largest Canadian pension fund’s lending business. GE’s Antares unit is the leading lender to middle market private equity-backed transactions in the United States. “This provides us with a very unique opportunity to access

Canada's CPPIB to buy GE private equity lending arm for $12 billion

By Euan Rocha TORONTO (Reuters) – Canada Pension Plan Investment Board (CPPIB) said on Tuesday it has agreed to buy GE Capital’s private equity lending portfolio for $12 billion, in a deal that will greatly expand the largest Canadian pension fund’s lending business. GE’s Antares unit is the leading lender to middle market private equity-backed transactions in the United States. “This provides us with a very unique opportunity to access

Cathay Pacific Airways bookings to Korea down on disease fears: CEO

MIAMI (Reuters) – Cathay Pacific Airways Ltd has seen a drop in bookings on its routes from Hong Kong to cities in South Korea after the recent uptick in Middle East Respiratory Syndrome (MERS) cases there, Chief Executive Ivan Chu said Tuesday. The remarks, made on the sidelines of the International Air Transport Association’s (IATA) annual meeting, come after more than 80 cases of the disease have been reported in

Cathay Pacific Airways bookings to Korea down on disease fears: CEO

MIAMI (Reuters) – Cathay Pacific Airways Ltd has seen a drop in bookings on its routes from Hong Kong to cities in South Korea after the recent uptick in Middle East Respiratory Syndrome (MERS) cases there, Chief Executive Ivan Chu said Tuesday. The remarks, made on the sidelines of the International Air Transport Association’s (IATA) annual meeting, come after more than 80 cases of the disease have been reported in