Goldman Sachs to Combine Private-Investing Arms 
 

Goldman Sachs is pulling together four separate units that invest in private companies, real estate and other hard-to-access deals, creating a new unit.

 
ArisGlobal Sells Majority Stake to Europe's Nordic Capital 
 

European buyout firm Nordic Capital has agreed to acquire a majority stake of U.S.-based ArisGlobal, in a deal that values the life-sciences software company at $700 million including debt.

 
Lufthansa Cuts Profit Outlook 
 

Lufthansa lowered its 2019 profit forecasts as overcapacity and aggressive low-cost competitors put pressure on its European operations and warned it expects the market to remain challenging.

 
AGL Energy Drops Takeover Bid for Vocus 
 

Struggling telecommunications provider Vocus Group Ltd. has lost another suitor after AGL Energy Ltd. said it had withdrawn a nonbinding takeover offer and ceased due-diligence work on a bid.

 
Taiwan-Based TPK Leaves Japan Display's Bailout Investor Group 
 

Japan Display Inc. said it still expects a bailout from an investor group worth up to $737 million, though the group's composition has changed due to the deteriorating financial condition of the Japanese company.

 
Flight Trials Are Near for Boeing's MAX Safety Fix 
 

The FAA could start flight trials of Boeing's proposed 737 MAX safety enhancement as early as this week as the plane maker's chief executive vowed to restore public confidence in the jet.

 
Disney Overshadows Rival Studios as Reboots and Sequels Sputter 
 

So far this summer, studios not named Walt Disney Co. are failing to capture moviegoers' attention in a significant way. Attempting to capitalize on the weekends in which Disney isn't releasing one of its blockbusters, rivals have tried to stand out with sequels and remakes of their own once-successful franchises.

 
Alleged 1MDB Co-Conspirators Sentenced to Prison 
 

Two prominent figures in a global Malaysian sovereign-wealth fund scandal were convicted of financial crimes and sentenced to prison in Abu Dhabi, according to a statement from the emirate's criminal court and people familiar with the matter.

 
Lyrics Site Accuses Google of Lifting Its Content 
 

Genius Media Group says Google is lifting and republishing on its own platform the hip-hop and pop music lyrics found on Genius.com, resulting in a drop in traffic for the site.

 
China Biotechs Lure Industry Talent in the U.S. 
 

Chinese biotechs are hiring from big drug companies in the U.S., promising lucrative pay and an entrepreneurial environment in the race to win the first U.S. approval of a nongeneric Chinese drug.

(END) Dow Jones Newswires

June 17, 2019 03:00 ET (07:00 GMT)

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