Walmart

India’s conglomerate that sells almost everything from cars to apparel and steel, is seeking to buy Indian online retailers to beef up its presence in e-commerce, reports Bloomberg News.

The world’s largest retailer had been seeking to offload Asda for at least two years, and now can focus on the U.S., where it gets three-quarters of its revenue. Walmart is introducing a new subscription program to compete better against Amazon Prime.

Traditional health insurers are increasingly diversifying into other healthcare service businesses, including care delivery, pharmacy benefits, and technology.

The world’s most valuable startup sought to play down speculation it’s giving up control of valuable Chinese technology and assets after striking a deal with Oracle and Walmart to create TikTok Global.

The Dow Jones plunged more than 1,200 points, as the number of worldwide coronavirus cases soars. To gauge how the middle market is viewing ongoing developments, we seek insights from dealmakers at Alvarez & Marsal, Riverside Co., Merrill Corp. and Paul Hastings.