Apollo Strikes $11 Billion All-Stock Merger With Athene

Private-equity giant Apollo announced a merger to acquire the portion of Athene Holding it doesn't already own in an all-stock transaction that values the insurance-and-retirement services firm at around $11 billion.

 
Amazon-Backed Deliveroo Plans IPO, Testing London's Big Tech Appetite

Deliveroo took the first step to list on the London Stock Exchange, seeking to replicate the stock-market success of U.S. rival DoorDash as the pandemic fuels demand for online food deliveries.

 
GE Nears Deal to Combine Jet-Leasing Unit With AerCap

The $30 billion-plus deal would unite rivals in a tough aviation market and is the latest in a string of moves by the industrial conglomerate to restructure its once-sprawling operations.

 
Greensill's Clients Included West Virginia Governor's Coal Company

Most of Greensill's revenue came from five clients, according to an internal Greensill report reviewed by The Wall Street Journal.

 
Crowd-Safety Company Evolv Going Public in $1.7 Billion SPAC Merger

Microsoft co-founder Bill Gates and former Florida Gov. Jeb Bush are two of Evolv's investors.

 
Oxford Vaccine Startup in Conflict With University Ahead of IPO

A startup behind the Covid-19 vaccine developed by the University of Oxford and AstraZeneca is planning an IPO that backers hope will be the biggest market debut of an Oxford spinoff in years. One hurdle: the university itself.

 
Huawei Loses Cellular-Gear Market Share Outside China

Huawei's share of revenue from selling wireless-equipment around the world, excluding China, fell 2 percentage points last year, a signal the U.S. campaign to curb the Chinese manufacturer is starting to make an impact.

 
All Pot Stocks Aren't Created Equal

Booming sales and profits mean big U.S. cannabis growers are becoming attractive bets. Many investors still have to settle for shakier Canadian names which are easier to buy.

 
Disney's 'Raya and the Last Dragon' Undercut Without Cinemark

More than 300 theaters from nation's third-largest chain didn't show biggest new release, as New York City and San Francisco reopen.

 
China-Linked Hack Hits Thousands of Microsoft Customers

The cyberattack on the company's Exchange email software is believed to have infected American businesses, government offices and schools.

(END) Dow Jones Newswires

March 08, 2021 09:15 ET (14:15 GMT)

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