Press Digest: Wall Street Journal - October 6

Mattel

06/10/2026 05:38

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
     
- KKR KKR.N has agreed to acquire private-capital fund administrator Gen II in a transaction valuing the business at roughly $5 billion including debt.
     
- C.H. Robinson Worldwide CHRW.O has agreed to acquire rival freight broker RXO RXO.N for $5.8 billion in cash and stock, creating a logistics company with an enterprise value exceeding $25 billion.
     
-  Mattel MAT.O shareholder Ariel Investments, which holds a 5.4% stake, has urged the toy maker to hire an independent financial adviser and explore strategic alternatives, including a potential sale
     
-  Electronic Arts bondholders have alleged a $1.4 billion debt default, escalating a dispute over whether the video-game maker must repay them at a premium after its leveraged buyout.
 
   - L'Oreal's OREP.PA US subsidiary is working with law firm Weil Gotshal and investment bank Ducera as it considers options for addressing liabilities tied to litigation over talc products. 
 
   - President Donald Trump said his super PAC would finance pro-Trump television advertisements, reversing plans to use taxpayer funds after criticism that the arrangement was improper and might violate federal law.
 
 

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