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FIS to Sell Majority Stake in Worldpay for $11.7 Billion
Finances

FIS to Sell Majority Stake in Worldpay for $11.7 Billion

Private-equity firm GTCR will hold a 55% stake following the deal that values the payment processor at $18.5 billion. Source link

Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches
Business

Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches

The company’s rockets are ferrying astronauts, launching satellites and dominating any competition. Source link

Kidney-Care Specialist Diaverum Expected to Be Sold in $2 Billion Deal
Finances

Kidney-Care Specialist Diaverum Expected to Be Sold in $2 Billion Deal

Mubadala-backed M42 would buy the operator of 440 dialysis clinics from buyout firm Bridgepoint. Source link

Johnson & Johnson Posts Higher Quarterly Sales, Raises 2023 Outlook
Business

Johnson & Johnson Posts Higher Quarterly Sales, Raises 2023 Outlook

First-quarter earnings were largely wiped out by a $6.9 billion charge tied to litigation and other costs from its Covid-19 vaccine commitments. Source link

Goldman Sachs Reports Lower Profit
Finances

Goldman Sachs Reports Lower Profit

Results were hurt by a slowdown in deal making and a sizable loss on the sale of part of its Marcus personal loan portfolio. Source

Merck in Late-Stage Talks to Acquire Prometheus Biosciences
Finances

Merck in Late-Stage Talks to Acquire Prometheus Biosciences

Merck & Co. is in late-stage talks to acquire Prometheus Biosciences Inc., according to people familiar with the matter, a move that could give the

Sega Nears Deal for ‘Angry Birds’ Mobile Game Maker
Finances

Sega Nears Deal for ‘Angry Birds’ Mobile Game Maker

WSJ News Exclusive Deals Japan-based entertainment conglomerate expected to pay about $1 billion for Rovio Entertainment Source link

A New Home Is Crowned Priciest Property to Ever Sell in Paradise Valley
Business

A New Home Is Crowned Priciest Property to Ever Sell in Paradise Valley

Be the first to know about the biggest and best luxury home sales and listings by signing up for  our Mansion Deals email alert. In

Don't Call Them 'Barbarians at the Gate'
Finances

Don't Call Them 'Barbarians at the Gate'

KKR plans to invest broadly and double earnings as founders Kravis and Roberts prepare to hand off control Source link