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MFIC — Midcap Financial Investment News Story

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Press Digest: Wall Street Journal - May 11

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- OpenAI allowed current and former employees to sell up to $30 million in shares, with more than 600 making $6.6 billion collectively.

- Apollo Global Management APO.N has held talks to sell MidCap Financial Investment MFIC.O, its publicly listed business development company focused on private credit.

- SoftBank Group’s 9984.T telecommunications arm, SoftBank Corp 9434.T, on Monday said it will build large-scale battery cells and storage systems for the Japanese market, in partnership with South Korea-based battery company Cosmos Lab and AI firm DeltaX Co.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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