03:41 AM EDT, 04/11/2024 (MT Newswires) -- PACS Group ( PACS ) said late Wednesday it priced its initial public offering of approximately 21.4 million common shares at $21 per share for gross proceeds of about $450 million. Certain selling stockholders have granted the underwriters a 30-day option to purchase up to 3.2 million additional shares. The company said it...

FRANKFURT, April 11 (Reuters) - German airline Lufthansa has extended the cancellation of daily flights from Frankfurt to Tehran due to security concerns until April 13, a spokesperson said on Thursday. The decision was taken last weekend to avoid a situation where the airline's crew had to stay overnight in Tehran, the spokesperson added. ...

April 11 (Reuters) - German packaging and medical equipment maker Gerresheimer expects diabetes and diet drugs to contribute 350 million euros ($376 million) of annual revenue by the 2026/27 financial year, CFO Bernd Metzner told Reuters after the company reported first-quarter results on Thursday. Obesity drugs such as Novo Nordisk's Wegovy and Eli Lilly's ( LLY ) Zepbound are administered...

(Reuters) -AstraZeneca said on Thursday it intends to increase annual dividend for 2024 by 7% to $3.10 per share, betting on strong performance and cash generation on the back of its blockbuster drugs and several recent acquisitions. The announcement comes ahead of its annual general meeting later in the day, where investors are preparing to vote on a policy that...