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McKesson to Acquire Controlling Interest in Florida Cancer Specialists’ Management Services for $2.49 Billion

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McKesson Corp. has announced its agreement to acquire a controlling stake in Community Oncology Revitalization Enterprise Ventures LLC (Core Ventures) for $2.49 billion in cash. Core Ventures, a business and administrative services organization established by Florida Cancer Specialists & Research Institute (FCS), supports nearly 100 FCS clinics across Florida. The transaction will give McKesson approximately …

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Centre Raises Threshold for Merger and Acquisition Vetting by Competition Commission of India

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The Corporate Affairs Ministry has announced revisions to the thresholds for mergers and acquisitions (M&As), altering the criteria for exemption from Competition Commission of India (CCI) approval. Under the new regulations, companies are not obligated to notify the CCI if the target entity’s assets, including subsidiaries, amount to less than Rs 450 crore, with a …

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Meta Considers $14 Monthly Ad-Free Plan for Facebook and Instagram in EU

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Meta Platforms is reportedly considering a new plan in which users in the European Union may have to pay up to $14 per month to access ad-free versions of Facebook or Instagram. Alternatively, they can opt for personalized ads on the free versions of these platforms. According to sources familiar with the proposal, Meta would …

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