News Highlights: Top Company News of the Day
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
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
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
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
(END) Dow Jones Newswires
March 08, 2021 09:00 ET (14:00 GMT)
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