Exclusive-Warburg Pincus explores $5 billion-plus sale of Modernizing Medicine, sources say

By Milana Vinn and Anirban Sen NEW YORK (Reuters) – Private equity firm Warburg Pincus is weighing options, including a sale, for Modernizing Medicine (ModMed) that could value the medical software provider at more than $5 billion, including debt, according to people familiar with the matter. Boca Raton, Florida-based ModMed is working with a financial…

Read More

US to announce new weapons package for Ukraine as defense leaders prepare to meet in Germany

WASHINGTON (Reuters) – The U.S. is expected to announce $500 million in military aid for Ukraine on Thursday at a final gathering of President Joe Biden’s weapons pledging conferences, meetings Kyiv says have been critical to its defense against Russia. The Ukraine Defense Contact Group (UDCG), comprised of about 50 allies who usually meet every…

Read More