News Highlights: Top Company News of the Day
09 Março 2021 - 03:30AM
Dow Jones News
Tegna Board Nominee Withdraws, Citing CEO's 'Cultural Insensitivity'
A candidate for broadcaster Tegna's board of directors has
withdrawn his nomination, citing potential conflicts of interest
and an incident that he says demonstrated cultural insensitivity by
the company's chief executive.
Zoom CEO Transfers $6 Billion of His Shares
Eric Yuan transferred roughly 40% of his ownership in the
company he runs, a stake valued at about $6 billion, after Zoom's
shares more than tripled last year.
U.S. Companies in China Say Political Tensions Remain Top Concern
The pessimism comes despite 50% of respondents predicting the
tone of the U.S.-China relationship would likely improve this year
following the change in leadership in Washington.
Apax Partners Seeks $1.5 Billion for Second Midmarket Digital Fund
Buyout firm Apax Partners is pitching its second digital fund
focused on midmarket technology companies just weeks after
collecting $11 billion for its latest main investment pool.
Apollo Reabsorbs Athene in Deal Valuing Firm at $11 Billion
Private-equity giant Apollo announced the acquisition of 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.
KKR Invests in Paige.AI Through a $125 Million Financing Round
Aside from KKR & Co., the Paige.AI financing round also
included investors Casdin Capital, Catalio Capital Management and
Johnson & Johnson's strategic venture-capital arm.
American Airlines to Use Frequent-Flier Program to Raise $7.5 Billion
The carrier will use the funds to replace a loan from the
federal government.
Christian Louboutin Sells 24% Stake to Italy's Agnelli Family
The stake values the luxury footwear brand, known for its red
soles, at $2.73 billion.
Meghan Markle and Prince Harry's Oprah Interview Drew About 17.1 Million Viewers
The conversation that aired Sunday on CBS was one of the
most-watched events of the TV season, but its audience was still a
far cry from the Super Bowl's.
Greensill Files for Insolvency, Leaving Pain for Investors
SoftBank-backed Greensill Capital filed for insolvency
protection, days after regulators took over its banking unit and
Credit Suisse froze key investment funds.
(END) Dow Jones Newswires
March 09, 2021 01:15 ET (06:15 GMT)
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