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PRESS DIGEST- Wall Street Journal - Dec 9
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PRESS DIGEST- Wall Street Journal - Dec 9
Dec 9, 2024 1:52 AM

Dec 9 (Reuters) - The following are the top stories in

the Wall Street Journal. Reuters has not verified these stories

and does not vouch for their accuracy.

- Omnicom Group ( OMC ) is in advanced talks to acquire

Interpublic Group in an all-stock deal, which is likely

to value Interpublic at between $13 billion and $14 billion.

- Boliden will pay up to $1.45 billion for two

mines from Lundin Mining ( LUNMF ) in a deal to boost its copper

and zinc production.

- Credit Agricole said it bought financial contracts that

could raise its stake in Banco BPM to 15.1%, at a time

when the Italian bank is being targeted by larger rival

UniCredit in a $10 billion-plus bid.

- Boohoo said an independent proxy adviser

recommended that the company's shareholders vote against the

resolutions at the general meeting scheduled for Dec. 20, which

seeks board representation for Frasers Group ( SDIPF ).

- Bain Capital-backed chipmaker Kioxia Holdings

priced its $800 million initial public offering as it seeks to

raise capital to meet the growing demand for chips used in

artificial intelligence.

(Compiled by Bengaluru newsroom)

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