PE HUB First Read

Valeant to sever ties with drug distributor Philidor.

Senate approves two-year budget deal that prevents default on debt.

TPG explores sale or IPO of chemical distributor Nexeo.

Twitter vet Jessica Verrilli returns to fill key M&A role.

China wants to double its economy by 2020.

Volkswagen’s excess emissions is linked to 60 U.S. deaths, according to a study.

Shaker Aamer is released from Guantánamo prison after 13 years.

Summly founder Nick D’Aloisio leaves Yahoo.

Instagram will sell carousel ads to businesses via self-service.

Oregon girl, 16, diagnosed with bubonic plague after hunting trip.

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CalPERS expected to close sale of $1 bln private equity portfolio

M&A is booming, but PE is getting outgunned by strategics.

Investor in India loves it when supper is delivered.

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