WSJ News Exclusive | Didi Global Prices IPO at $14 a Share
Chinese ride-hailing goliath Didi Global Inc. priced its IPO at $14 on Tuesday afternoon, according to people familiar with the...
funds
Toshiba Shareholders Oust Chairman in Landmark for Foreign Activists
TOKYO— Toshiba Corp.’s TOSYY 0.18% chairman was ousted in a vote at the company’s annual meeting, a milestone in Japanese...
The Hedge-Fund Manager Who Did Battle With Exxon—and Won
Christopher James’s decision to do battle with one of the world’s biggest oil companies began with a family dinner in...
WSJ News Exclusive | Private-Equity Group Reaches Deal to Buy Medline for Over $30 Billion
A group of private-equity firms reached a deal to acquire Medline Industries Inc. that would value the medical-supply company at...
Fed to Sell Corporate Bonds and ETFs Acquired During Covid-19 Crisis
The Federal Reserve will soon begin selling off the corporate bonds and exchange-traded funds it amassed last year through an...
Meet the Hedge Fund Boss Who Just Bought Tribune’s Newspapers
Six weeks ago, it seemed as if hedge fund boss Heath Freeman was losing his grip on Tribune Publishing Co....
WSJ News Exclusive | Dell Reaches Deal to Sell Boomi to TPG, Francisco Partners
Dell Technologies Inc. struck a deal to sell its Boomi cloud business to private-equity firms Francisco Partners and TPG, part...
Southwest, American Say Leisure Travel Rebounding as Summer Season Approaches
Major airlines this week reiterated confidence that the travel market, at least for leisure, is rebounding from the deep losses...
Alden Clashes With Billionaire Over Future of Tribune—and of Local News
A few weeks ago, New York hedge fund Alden Global Capital LLC was on the verge of acquiring Tribune Publishing...
Aramco Strikes $12.4 Billion Oil Pipeline Deal With EIG-Led Group
Saudi Arabia’s energy giant said it struck a $12.4 billion deal to sell a 49% stake in a newly formed...
Toshiba Gets Deal Proposal That Could Be Worth More Than $20 Billion
Japan’s Toshiba Corp. said Wednesday that it received a proposal for acquisition from private-equity firm CVC Capital Partners , in...
SoftBank to Take 40% Stake in Norway’s AutoStore
SoftBank Group Corp. agreed to pay $2.8 billion for a 40% stake in Norwegian warehouse-automation company AutoStore, marking another big...
CFOs Zero In on Shareholders as Stock Volatility Soars
Last quarter’s extreme stock-price moves resurfaced an age-old quandary for company executives: Can they exert any influence over their share...
Airlines Add Routes in Fight for Americans Ready to Travel Again
Airlines are adding scores of U.S. routes as they battle for travelers looking to move around the country after being...
Blackstone Bids to Buy Australia’s Crown Resorts
SYDNEY— Blackstone Group Inc. BX -0.77% made a takeover offer for Australian casino operator Crown Resorts Ltd. CWN 20.08% valued...
Blackstone, Starwood Capital Team Up in $6 Billion Purchase of Extended Stay
Blackstone Group Inc. and Starwood Capital Group have agreed to acquire hotel owner and operator Extended Stay America Inc. for...
Fidelity’s Charitable Arm Wins in Hedge-Fund Founders’ Lawsuit
The charitable arm of Fidelity Investments on Friday won a lawsuit brought by a wealthy couple over the handling of...
Nestle to Sell Poland Spring, Pure Life and Other Water Brands for $4.3 Billion
Nestle SA agreed to sell most of its North American bottled-water brands, including Poland Spring, Arrowhead and Pure Life, for...
Alden Global Capital Agrees to Buy Rest of Tribune Publishing
A New York hedge fund that is the largest shareholder in Tribune Publishing Co. has reached a deal to acquire...
Marriott CEO Arne Sorenson Dies at Age 62
Marriott International Inc. Chief Executive Arne Sorenson, who created the world’s largest hotel operator by acquiring Starwood Hotels & Resorts...
