financetom
Business
financetom
/
Business
/
PRESS DIGEST- Wall Street Journal - Dec 9
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exclusive-Honda to produce next Civic in Indiana, not Mexico, due to US tariffs, sources say
Exclusive-Honda to produce next Civic in Indiana, not Mexico, due to US tariffs, sources say
Mar 3, 2025
By Maki Shiraki TOKYO (Reuters) - Honda ( HMC ) has decided to produce its next-generation Civic hybrid in the U.S. state of Indiana, instead of Mexico, to avoid potential tariffs on one of its top-selling car models, according to three people familiar with the matter. The change underscores how manufacturers are scrambling to adapt to U.S. President Donald Trump's...
VAALCO Energy Acquires 70% Stake, Operatorship of CI-705 Block in Offshore Cote D'Ivoire
VAALCO Energy Acquires 70% Stake, Operatorship of CI-705 Block in Offshore Cote D'Ivoire
Mar 3, 2025
03:37 AM EST, 03/03/2025 (MT Newswires) -- VAALCO Energy ( EGY ) said Monday it acquired a 70% interest in and the operatorship of the CI-705 oil exploration block located in offshore Cote D'Ivoire for a $3 million investment. In partnership with Ivory Coast Exploration Oil & Gas and PETROCI, VAALCO gained the working interest alongside a 100% paying interest...
Brookfield to enter UK pension insurance market this month
Brookfield to enter UK pension insurance market this month
Mar 3, 2025
LONDON, March 3 (Reuters) - Brookfield Wealth Solutions ( BNT ) said on Monday it was entering the UK pension insurance market, as Canadian financial giant Brookfield looks to tap into strong demand from companies to offload their pension scheme risks to insurers. The move marks a rare new entrant into the UK pension insurance market, and one armed with...
Glaukos Insider Sold Shares Worth $2,497,335, According to a Recent SEC Filing
Glaukos Insider Sold Shares Worth $2,497,335, According to a Recent SEC Filing
Mar 3, 2025
02:55 AM EST, 03/03/2025 (MT Newswires) -- Mark J Foley, Director, on February 26, 2025, sold 20,687 shares in Glaukos ( GKOS ) for $2,497,335. Following the Form 4 filing with the SEC, Foley has control over a total of 54,249 common shares of the company, with 54,249 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1192448/000141588925006046/xslF345X05/form4-02282025_100208.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved