| | | China's Sinochem seeking to sell logistics unit for $530 million | | | HONG KONG (Reuters) - Sinochem International Corp said it has put up its logistics unit for sale by public auction, aiming to raise about 3.5 billion yuan ($530 million) - part of the Sinochem conglomerate's efforts to respond to Beijing's push for a slimmer state sector. |
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| | | CVS, Aetna executives defend $69 billion deal to skeptical Wall Street | | | NEW YORK (Reuters) - CVS Health Corp and Aetna Inc said on Monday their $69 billion deal to combine the pharmacy and drug benefit manager and the No. 3 U.S. health insurer would transform healthcare and deliver cost savings, but investors took a pessimistic view of the combination in the short term. |
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