May 28 (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.
- Swedish specialty pharmaceutical company Calliditas
Therapeutics received a $1.1 billion takeover bid
from Japan's Asahi Kasei ( AHKSF ).
- ABN AMRO Bank has agreed to acquire Hauck
Aufhauser Lampe, a private bank in Germany for 672 million euros
($730.33 million) from Chinese conglomerate Fosun International ( FOSUF )
.
- Elon Musk's xAI said it raised $6 billion in its latest
fundraising round, as the OpenAI rival looks to invest more in
research and development amid fierce competition in the
burgeoning sector.
- The Japanese automaker Toyota Motor ( TM ) plans to
develop new engines that run on carbon-neutral fuels and are fit
for electrification as part of efforts by the world's largest
carmaker to cut carbon emissions and save jobs at engine-part
suppliers.
($1 = 0.9201 euros)
(Compiled by Bengaluru newsroom)