Cano Health to list via $4.4 billion merger with Barry Sternlicht-backed SPAC

Healthcare provider Cano Health LLC will be taken public through a merger with a blank-check company backed by real estate investor Barry Sternlicht, in a deal worth $4.4 billion deal, including debt, the companies said on Thursday. Sternlicht’s special purpose acquisition company (SPAC) Jaws Acquisition Corp JWS.N was listed on the New York Stock Exchange […]

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Deutsche Telekom share price undervaluation to unwind – CEO

The stock market valuation of Deutsche Telekom’s European operations does not properly reflect its outperformance in relation to its struggling European competitors and will correct over time, CEO Tim Hoettges said on Thursday. “We are the only European telecom showing significant growth,” Hoettges told journalists after the Bonn-based telecoms group reported stronger-than-expected quarterly results and […]

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