Press Digest: Wall Street Journal - Jan 27

Beacon Roofing Supply

27/01/2025 08:19

Jan 27 (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.
    
    - Activist investor Ancora Holdings has built a stake in
U.S. Steel  X.N  and wants the steelmaker to drop its merger
agreement with Japan's Nippon Steel  5401.T .
    
    - Building-products distributor QXO  QXO.N  is preparing to
take its all-cash offer to acquire Beacon Roofing Supply
 BECN.O  directly to shareholders after being rebuffed on
several occasions.
    
    - Diversified Energy  DEC.N  is in advanced talks to buy
private-equity-owned Maverick Natural Resources in what would be
its largest acquisition ever.
    
    - U.S. President Donald Trump on Sunday night backed off a
threat he had made earlier in the day to impose 25% tariffs and
economic sanctions on Colombia, which the White House said had
met its demands to repatriate migrants into the South American
country.
        
  
        - Late-stage trial data for Roche's  ROG.S  drug against
muscle-wasting Elevidys showed positive results after two years
of treatment for male patients aged 4 or older with Duchenne
muscular dystrophy.
        
  
        - SGS and Bureau Veritas  BVI.PA  said they ended merger
talks that would have created a European safety-testing giant
with a combined market value of more than $30 billion.
        
  
        
  

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