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Thursday, December 14, 2017

Teva Pharm to lay off a quarter of workforce, suspends dividend

TEL AVIV (Reuters) - Teva Pharmaceutical Industries plans to reduce its workforce by 25 percent and suspend its dividend on ordinary shares in a much-anticipated overhaul to help pay back its massive debt.


from Reuters: Business News http://ift.tt/2AZQ5mm

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Thames Water picks private equity firm as preferred buyer

The troubled water utility firm says KKR could complete the deal in the second half of this year. from BBC News https://ift.tt/iVCF9Le