Press Digest: Wall Street Journal - October 20
PRESS DIGEST -Wall Street Journal - October 20 Oct 20 (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.
- Mattel MAT.O named Amgen AMGN.O executive Peter Griffith as chief financial officer, replacing Paul Ruh, weeks after former CEO Ynon Kreiz left to become co-CEO of the newly merged entertainment company Skydance SKYD.N.
- Elon Musk said he would give every US child one SpaceX SPCX.O share next year, a stock giveaway worth nearly $11 billion at current valuations.
- Tradeweb Markets TW.O agreed to acquire fixed-income trading platform Trumid for about $1.97 billion, expanding its reach into earlier stages of credit trading and the grey market for debt securities.
- HB Fuller FUL.N rejected activist investor Ancora's $1.2 billion-$1.4 billion offer for its building adhesives business, saying the bid undervalued the unit, while signaling it may divest non-core operations as part of a portfolio review.
- Silgan Holdings SLGN.N agreed to acquire Trivium Packaging in an all-cash deal valued at about $3.4 billion including debt.
- US President Donald Trump said he would be open to meeting Russian President Vladimir Putin and Chinese President Xi Jinping to discuss nuclear arms reduction and denuclearization, following reports of a proposed trilateral summit.
(Compiled by Bengaluru newsroom)
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Press Digest: Wall Street Journal - October 20
Brief: Mattel Names Peter Griffith As Chief Financial Officer