Press Digest: Wall Street Journal - September 21
PRESS DIGEST -Wall Street Journal - September 21 Sept 21 (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.
- EQT's EQTAB.ST pursuit of Perpetual looks over after the Australian investment manager rejected its US$2.6 billion takeover proposal and said it had stopped engaging with the Swedish private-equity provider.
- California’s attorney general and Paramount PSKY.O have discussed a series of potential concessions as part of advanced settlement negotiations, including a $1.5 billion investment by the company in production in California.
- Warburg Pincus failed with an improved $1.47 billion play for Australian retirement village operator Ingenia Communities INA.AX which signaled that it would be prepared to consider higher offers.
- The security deal over Greenland, announced by President Trump on Friday, relieves the pressure from months of American maneuvering to control the semiautonomous Danish territory and smooths the way for more US investments on the cash-starved but resource-rich Arctic island.
- The Trump administration is preparing to impose sweeping sanctions on the International Criminal Court, a sharp escalation in Washington’s efforts to dismantle the institution after it issued an arrest warrant for Israeli Prime Minister Benjamin Netanyahu.
(Compiled by Bengaluru newsroom)