UPMC to Open Cancer Care Center in Ireland [Derived Headline]

Tribune-Review/Pittsburgh Tribune-Review, October 28, 2016 | Go to article overview

UPMC to Open Cancer Care Center in Ireland [Derived Headline]


UPMC to open cancer care center in Ireland

UPMC is opening a radiation therapy center in Ireland, the nonprofit health system's second cancer treatment venture in the country.

The center, to open in the city of Cork in 2019, is a joint venture with Bon Secours Health System, the country's largest independent health care provider, UPMC announced Thursday. UPMC will operate the center and own half of it.

UPMC opened its first international cancer center in Whitfield, Ireland, in 2006. The Cork site joins the UPMC Cancer Center network, composed of more than 40 sites in the United States and around the world, according to UPMC.

UPMC operates a radiation center in Rome and provides services related to cancer treatment in Kazakhstan, Lithuania, Colombia, Russia, Myanmar and other nations.

The Cork center still requires approval from the Competition and Consumer Protection Commission of Ireland, according to UPMC.

GE explores Baker Hughes purchase

General Electric has approached No. 3 oilfield services provider Baker Hughes Inc. to discuss the possibility of an acquisition, according to a person familiar with the matter.

Baker Hughes, the world's third-largest oil services provider, jumped as much as 19 percent in after-hours trading in New York. The Houston-based company terminated plans to be acquired by Halliburton Co. earlier this year after failing to gather antitrust approval from regulators around the world.

Baker Hughes, which has a market capitalization of $23.1 billion, declined to comment.

The deal would be large even for GE, about double the size of its $13 billion acquisition of power assets from Alstom last year. GE officials could not be immediately reached for comment.

UPS orders 14 Boeing jets

The Boeing 747 revolutionized air travel and ushered in the era of jumbo jets in the 1970s, but these days it is often used to carry packages, not people, and its future is uncertain.

The hump-backed behemoth got a boost Thursday, however, when UPS announced it has ordered 14 Boeing 747-8 cargo freighters and took an option for another 14.

It's the biggest order for the 747 since Lufthansa ordered 20 in December 2006.

Neither Boeing nor UPS disclosed terms of the sale. At list price, 14 Boeing 747 freighters would cost $5.3 billion, although big customers routinely get discounts on planes.

CenturyLink, Level 3 merger advancing

CenturyLink Inc. is in advanced talks to merge with Level 3 Communications Inc., a deal that would give the business- telecommunications companies greater heft in a brutally competitive industry. …

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