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News Highlights: top company news of the day

Dow Jones Newswires ·  2021/10/04 11:25  · ヘッドライン

Qualcomm, SSW to buy Veoneer for $4.5 billion

$Qualcomm(QCOM.US)$$Veoneer Inc(VNE.US)$Magna International's deal for the Swedish automotive-technology company has been terminated.

Activist investor engine No. 1 backs GM's electric-vehicle push

Following its purchase of a stake in $General Motors(GM.US)$, Engine No. 1 said the car company is primed to lead in EVs.

Volvo Cars unveils IPO that could value it at $25 billion

The Swedish auto maker $Volvo AB Unsponsored ADR Class B(VLVLY.US)$ said it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.

William Shatner is going to space on Jeff Bezos' blue origin flight

The actor known for playing Captain Kirk in "Star Trek" is slated to join the spaceflight on Oct. 12.

Amplify energy shares tumble after California oil spill

The oil and natural-gas company has shut down all of its production and pipeline operations in the area as a precautionary measure. Shares fell more than 40%.

Swiss police raid Credit Suisse as part of Greensill investigation

$Credit Suisse Group AG(CS.US)$ said it is cooperating with authorities in the case, which it says isn't directed against the bank.

Morrisons sold to Clayton, Dubilier & Rice for $9.4 billion in frenzied bidding war

$MORRISON(WM.)SUPERMARKETS(MRWSY.US)$A consortium led by the U.S. buyout firm won the bidding war for U.K. grocery chain Wm Morrison Supermarkets, an almost $9.4 billion bet that highlights the extreme lengths private-equity firms are willing to go amid a global deal frenzy.

Carlyle taps CPP Investments' Ryan selwood as development chief

$The Carlyle Group Inc(CG.US)$ has created a new high-level position to help drive the firm's expansion, including through corporate acquisitions, and tapped Ryan Selwood from the Canada Pension Plan Investment Board to fill the new job.

Petrofac puts bribery case to rest with GBP77 million fine

A U.K. court fined Petrofac 77 million pounds (equivalent to $104.3 million) in relation to bribery offenses. The company said earlier that $240 million had been outlined as the maximum possible penalty.

(END) Dow Jones Newswires

October 04, 2021 11:00 ET (15:00 GMT)

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