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Walmart to offer pet telehealth services as US pet industry booms

In a bid to venture into the world of pet medicine, Walmart announced on Monday, May 22, that it has signed a deal with pet telehealth provider Pawp to offer access to veterinary telehealth [.] ....

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Global Pet Industry To Grow To $500 Billion By 2030, Bloomberg Intelligence Report Finds

The pet industry is poised to swell from $320 billion to almost $500 billion by 2030, according to a new report from Bloomberg Intelligence (BI). The report finds that this growth is boosted by a growing pet population worldwide, as well as the premiumization of food and services resulting from the continued humanization of animal companions. The analysis finds that the US is positioned to continue to remain the largest pet market, with sales approaching $200 billion by the end of the dec. ....

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Bausch Health to sell Amoun unit to ADQ for $740m


Bausch Health to sell Amoun unit to ADQ for $740m
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ADQ is now Abu Dhabi’s third-largest sovereign wealth fund
April 1, 2021
Bausch Health Cos. is selling its Egyptian drug unit to Abu Dhabi sovereign wealth fund ADQ for $740m, part of the Canadian company’s effort to pare down debt.
The sale of Amoun Pharmaceutical Co., a leading domestic drugmaker in Egypt, comes ahead of the planned separation of the company’s Bausch & Lomb eye-care division. The sale to ADQ is expected to close in the first half of 2021, Bausch said in a statement on Wednesday. ....

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