News Highlights: Top Company News of the Day
November 29 2021 - 2:30AM
Dow Jones News
Clearlake Capital to Buy Quest Software From Francisco Partners
The deal values the former Dell unit at $5.4 billion, including
debt, sources say.
Nissan to Spend $17.6 Billion on Battery-Powered Vehicles Over Five Years
Nissan says that by 2030 half of its vehicles sold will be
powered at least partly by batteries.
Covid-19 Vaccine Makers Assess Omicron Response
Covid-19 vaccine makers have begun lab tests to see whether
existing shots work against the strain, and some have even begun
preparing new vaccines.
Activist Ancora Urges Berry Global to Explore a Sale
Ancora, which owns about 1% of Berry Global, is urging it to
explore strategic alternatives. The packaging manufacturer has a
roughly $9 billion market value.
Telecom Italia CEO Resigns
Telecom Italia said its Chief Executive Luigi Gubitosi has
resigned and that the board would start to consider the takeover
offer by KKR.
Airlines Avoid Thanksgiving Pitfalls as Daily Passengers Top Two Million
Carriers say preparations for big crowds paid off after recent
stumbles as the Omicron Covid-19 variant adds new uncertainty to
travel.
Australia Seeks to Make Social-Media Firms Liable for Users' Defamatory Comments
The new legislation would create a defense for social-media
companies that disclose details of users when a complaint is made
against their comments.
Companies Respond to New Covid Variant With Concern, Confusion
The Omicron variant is leading U.S. companies in a range of
industries to consider how safety measures could be reinstated, but
many executives are saying they will hold off making changes to
operations until more is known.
U.S.-Listed Digital Realty Trust Unit Moves Ahead With Singapore IPO
Digital Realty Trust Inc.'s unit plans to raise up to $682
million through a real estate investment trust listing in
Singapore, which if successful would be the largest offering in
more than four years.
Macau Police Question Junket Boss Over Alleged Illegal Gambling Syndicate
Alvin Chau, the chairman of Suncity Group Holdings, was being
held for questioning by police in Macau after authorities in the
eastern Chinese city of Wenzhou issued an arrest warrant.
(END) Dow Jones Newswires
November 29, 2021 03:15 ET (08:15 GMT)
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