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EXCLUSIVE WHO-backed vaccine hub for Africa to copy Moderna COVID-19 shot
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GSK s drugs arm to get $11 bln booster from consumer spin-off
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Europe s summer holiday season can be saved, says TUI by Reuters
Wednesday, 12 May 2021 09:40 GMT
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Share: Expects more destinations to open up in coming weeks New bookings have doubled since April Posts six-month loss of 1.3 bln euros on revenue down 89% Shares down 3% on scepticism over reopening (Adds CEO comments, share price, analyst comment)
By Sarah Young
LONDON, May 12 (Reuters) - Holiday company TUI Group expects a strong 2021 summer season and will operate 75% of pre-pandemic capacity, with rising levels of vaccinations set to fuel last-minute bookings, it said on Wednesday.
By Reuters Staff
1 Min Read
STOCKHOLM, March 31 (Reuters) - Swedish buyout firm EQT is taking a majority stake in French medical laboratory services operator Cerba HealthCare from Partners Group at an enterprise value of 4.5 billion euros ($5.3 billion), according to a source familiar with the matter.
Cerba said on Wednesday it is in discussions with EQT for an investment in the company but did not disclose the size of the deal.
Swiss-based investment manager Partners Group and PSP Investments had bought Cerba in 2017 from private equity group PAI Partners.
Spokespersons at Partners and EQT declined to comment on the deal.
After the completion of the deal, Cerba said EQT and PSP Investments will work with its management team, led by CEO Catherine Courboillet. ($1 = 0.8515 euros) (Reporting by Supantha Mukherjee in Stockholm and Arno Scheutze in Frankfurt Editing by Keith Weir)
France calls talks after Germany announces some cross-border
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