News Highlights: Top Company News of the Day
20 December 2023 - 1:15AM
Dow Jones News
Carlyle and Insight Partners Acquire Risk-Management Business Exiger
Buyout firm Carlyle Group and technology investor Insight
Partners have acquired risk-management software and services
provider Exiger at a valuation of around $1.2 billion, according to
two people familiar with the matter.
Google to Pay $700 Million in Play Store Settlement
The agreement with a coalition of states resolves antitrust
litigation related to the app store.
Apple Needs to Sell its Vision
The halting of Apple Watch sales adds another growth challenge
as the tech company also misses out on the artificial-intelligence
rally.
Nippon Makes Steely Bet on a U.S. Manufacturing Renaissance
A U.S. industrial icon is being bought at a hefty premium by a
Japanese competitor. U.S. politicians are already crying
foul-although regulatory arguments against a deal look
questionable.
Clearhaven Collects $580 Million for Second Buyout Fund
The firm outpaced U.S. peers in rounding up fresh capital in
under a year while focusing on technology deals.
America Doesn't Have Enough Air-Traffic Controllers, and That's a Problem
The FAA says it is looking to avoid any safety risks by slowing
air traffic and pushing to do more hiring and training.
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.
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.
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.
(END) Dow Jones Newswires
December 19, 2023 09:00 ET (14:00 GMT)
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