Vaccine Makers Kept $1.4 Billion in Prepayments for Canceled Covid Shots for the World's Poor

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Vaccine Makers Kept $1.4 Billion in Prepayments for Canceled Covid Shots for the World's Poor

As global demand for Covid-19 vaccines dries up, the program responsible for vaccinating the world’s poor has been urgently negotiating to try to get out of its deals with pharmaceutical companies for shots it no longer needs.
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Morgan Stanley PE unit acquires environmental services firm Apex Companies

Morgan Stanley Capital Partners said the current owner of Apex, Sentinel Capital Partners, will retain a minority stake in the company after the deal closes. Rockville, Maryland-based Apex offers water infrastructure and environmental …
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