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PRESS DIGEST-Wall Street Journal - February 9

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PRESS DIGEST-Wall Street Journal - February 9

Mar 11, 2026 3:21 AM

Feb 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.

- A consortium comprising U.S. ‍private-equity firm Advent

International, logistics ⁠group ⁠FedEx, and investment

companies A&R and PPF agreed ‌to buy Polish parcel-delivery

provider InPost for $9.22 billion.

- Chinese drugmaker Innovent Biologics ( IVBXF ) ⁠struck a

partnership ‍with Eli Lilly to develop new treatments

that could generate up to $8.5 billion ‍in milestone payments.

- Grocery giant Kroger ( KR ) plans to hire Greg Foran, a

former executive at top rival Walmart ( WMT ), as its ‍next chief

executive.

- UK lender NatWest ( NWG ) is set to buy wealth manager

Evelyn Partners for 2.7 billion pounds ($3.67 billion) to boost

its savings and investment offerings.

- A Hong Kong court sentenced former tycoon Jimmy Lai,

an outspoken 78-year-old critic of China's Communist Party, to

20 years in ‍prison.

($1 = 0.7355 pounds)

(Compiled by Bengaluru newsroom)

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