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PRESS DIGEST- Wall Street Journal - April 26
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PRESS DIGEST- Wall Street Journal - April 26
Apr 25, 2024 10:38 PM

April 26 (Reuters) - Following are the top stories in

the Wall Street Journal. Reuters has not verified these stories

and does not vouch for their accuracy.

- Toyota ( TM ) is making a $1.4 billion infrastructure

investment in its Indiana plant to further support its

electrification efforts in the U.S.

- Anglo American is considering a sale of De Beers,

its storied diamond unit, in a separate process from BHP's

takeover bid.

- S&P Global Ratings has cut Boeing's ( BA ) ratings outlook

to negative from stable, citing heightened production

uncertainty, leadership changes, and its negotiations for an

acquisition of Spirit AeroSystems ( SPR ).

- Oaktree Capital Management is spinning out its

transportation-infrastructure group with $3.65 billion in assets

into a new firm called Duration Capital Partners.

- Private-equity firm GTCR reached a roughly $2.7 billion

deal to take private AssetMark Financial Holdings ( AMK ).

- Microsoft ( MSFT ) chief executive Satya Nadella will

visit Southeast Asia next week to meet officials in Indonesia,

Thailand, and Malaysia, with artificial intelligence on the

agenda.

(Compiled by Bengaluru newsroom)

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