Cevian Takes 1.3% Stake in UBS 
 

Cevian has taken a stake in UBS worth $1.3 billion, saying it sees significant value potential in the bank after its takeover of Credit Suisse.

 
Why UBS Wants to Be the No. 6 Investment Bank in the U.S. (Yes, No. 6) 
 

Swiss financial giant UBS is making a new push in the U.S. investment-banking market-with more measured ambitions.

 
Google to Pay $700 Million in Play Store Settlement 
 

The agreement with a coalition of states resolves antitrust litigation related to the app store.

 
SQM, Gina Rinehart's Hancock Agree to Buy Azure for $1.1 Billion 
 

Chilean lithium company Sociedad Quimica y Minera de Chile and Australia's richest person have struck a deal to buy explorer Azure Minerals valued at roughly $1.14 billion.

 
End of Adobe's Takeover Bid for Figma Spells New Challenges for Venture Deals, Startups 
 

A tough regulatory environment designed to protect innovation may have the opposite effect

 
Nippon Steel to Acquire U.S. Steel for $14.1 Billion 
 

The deal would combine steel giants in America and Japan. Shares of U.S. Steel surged on the announcement.

 
Ebix Files for U.S. Bankruptcy With $400 Million Bid for North American Business 
 

Higher interest rates and fallout from auditing questions contribute to chapter 11 filing of the software and e-commerce services supplier.

 
Bezos' Blue Origin Resets Plan to Return to Space 
 

The company had hoped to conduct its first mission in more than a year Monday, but pushed off the flight after running into a technical issue at its launch site.

 
Adobe Scraps $20 Billion Acquisition of Figma 
 

Adobe has called off its planned $20 billion acquisition of the collaboration-software company Figma, weeks after a U.K. regulator warned that the deal would likely harm innovation.

 
Vans, North Face Parent VF Warns Cyberattack May Snarl Holiday Deliveries 
 

Apparel and footwear maker VF said Monday a ransomware attack on its computer systems could materially affect its ability to fulfill customer orders, less than one week from Christmas Day.

(END) Dow Jones Newswires

December 19, 2023 05:15 ET (10:15 GMT)