Press Digest: Wall Street Journal - June 30

Aerojet Rocketdyne Holdings

30/06/2022 06:43

June 30 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
    
    - The chief executive officer of defense supplier Aerojet
Rocketdyne Holdings Inc  AJRD.N  is poised to prevail in an
unusual proxy fight against its executive chairman. https://on.wsj.com/3Afx2oO
    
    - Tianqi Lithium Corp  002466.SZ , one of the world's
largest producers of battery-grade lithium compounds, said it
plans to raise the equivalent of up to $1.7 billion in a Hong
Kong initial public offering, braving a subdued global market
for stock issuance. https://on.wsj.com/3bsqyZ6
    
    - Spirit Airlines Inc  SAVE.N  is postponing a vote on a
merger with Frontier Group Holdings Inc  ULCC.O  that had been
scheduled for Thursday to continue discussions with Frontier and
JetBlue Airways Corp,  JBLU.O  a rival suitor. https://on.wsj.com/3yvFaAb
    
    - Exxon Mobil Corp  XOM.N  is selling its Canadian shale gas
business for roughly $1.5 billion, marking the oil giant's exit
from regions rich in natural gas but relatively remote and
stunted by a lack of pipelines and other infrastructure. https://on.wsj.com/3udf2Ya

    
    

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))