(Bloomberg) -- Reliance Industries Ltd. is in talks with several global banks to raise as much as $8 billion for its planned leveraged buyout of Walgreens Boots Alliance’s international arm, according to a report from Mint on Sunday. Most Read from BloombergRussia Defaults on Foreign Debt for First Time Since 1918Hyundai Quietly Climbs the EV Sales Charts and Elon Musk NoticesRep. Mary Miller Calls Roe Decision ‘Victory for White Life’Russia Is Hours Away From Its First Foreign Default in a Cent
Walgreens Boots Alliance Inc agreed to pay $105 million to settle a long-running class-action lawsuit accusing it of misleading shareholders about how rising generic drug prices and reimbursement pressures would hurt its pharmacy business. The preliminary all-cash settlement was filed on Thursday in a federal court in Chicago following six months of mediation, and requires a judge's approval. Walgreens denied wrongdoing, but settled to avoid the uncertainty, burden and cost of further litigation, settlement papers show.
While it doesn’t rank as the most exciting avenue in the market, investing in the companies listed on the venerable Dow Jones Industrial Average could be one of the smartest moves, particularly because they’re some of the world’s most proven businesses. Still, you don’t want to just acquire anything. If you’re limited to just $250, you need to narrow down your list of Dow stocks to buy. Given that the market has taken a turn for the volatile, it’s best to go with companies that can weather a rec