Press Digest: Wall Street Journal - Oct 15

Mulberry

15/10/2024 07:28

Oct 15 (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.

    - Fuji Soft  9749.T  said it would consider Bain Capital's 
tender offer of $63.10 per share, which is 7% higher than the
private-equity firm KKR’s  KKR.N  offer.

    - Starbucks  SBUX.O  is pulling back on promotions and
discounts, an early move by Brian Niccol, the new chief
executive officer, to reposition the coffee chain after a
turbulent year.

    - Mulberry Group  MUL.L  said its majority shareholder,
Challice Limited, rejected a offer from Frasers Group  FRAS.L 
to take full ownership of the British luxury brand for $94.1
million.

    - Phillips 66  PSX.N , the Houston-based oil refiner, said
on Monday it would sell 49% stake in Coop Mineraloel to its
Swiss joint venture partner for about $1.4 billion.

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