News Highlights: Top Company News of the Day
June 20 2018 - 11:15PM
Dow Jones News
Carlyle Raises $6.55 Billion for Fifth Asia Buyout Fund
Carlyle Group closed the new fund-aimed at investing in
technology, consumer and other sectors across the Asia-Pacific
region-after it surpassed its target of $5 billion.
Cushman & Wakefield Files for IPO
Real estate services firm Cushman & Wakefield filed
preliminary plans for an initial public offering, hoping to cash in
on the nine-year bull market in the commercial real-estate
industry.
Daimler Issues Profit Warning as Chinese Tariffs Hit U.S.-Built SUVs
Daimler issued a surprise profit warning, saying Chinese
retaliatory import duties on vehicles built in the U.S. would hit
sales and profits of the SUVs it builds at its Alabama factory.
Technology Provider for Clinical Trials Puts Itself On the Block
CRF Health Inc., which enables electronic assessments for trial
participants, has retained investment bank Jefferies LLC to explore
a potential sale.
Match Group Deepens Its Connection With Dating-App Hinge
Match Group Inc. has added Hinge to its stable of dating apps,
acquiring a controlling stake in the Tinder-competitor that is
popular with millennials.
Trump on ZTE Talks With Lawmakers: 'We're Working on It'
President Trump said that he and lawmakers are working on
addressing concerns over a deal between Washington and Beijing to
save Chinese telecommunications company ZTE, which had been accused
of repeated sanctions violations.
Altice to Sell Telecom Tower Assets to KKR, Morgan Stanley Infrastructure
Altice Europe agreed to sell parts of its telecom-tower
businesses in France and Portugal for around 2.5 billion euros
($2.89 billion) in a bid to pay down the company's heavy debt
load.
To Ease U.S. Concerns, Chinese Shipper Offers to Put California Terminal in a Trust
Chinese state-run shipping firm Cosco has offered to put a large
container terminal in Long Beach, Calif., in a U.S.-run trust to
allay U.S. national-security concerns about Chinese ownership of
the facility.
Publisher of National Enquirer Subpoenaed in Michael Cohen Probe
Federal authorities have subpoenaed the publisher of the
National Enquirer for records related to its $150,000 payment to a
former Playboy model for her story alleging an affair with Donald
Trump, according to people familiar with the matter.
Guggenheim in Talks to Buy Munich Re Asset-Management Operations
The transaction under discussion would leave Munich Re with a
minority stake in Guggenheim.
(END) Dow Jones Newswires
June 20, 2018 23:00 ET (03:00 GMT)
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