Press Digest: Wall Street Journal - Sept 7

Sitio Royalties

07/09/2022 05:05

Sept 7 (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.
    
    - The Securities and Exchange Commission on Tuesday warned
Chinese companies not to violate legal and audit requirements as
they switch to auditors based in the United States to comply
with a law that threatens to delist the businesses from American
stock exchanges. https://on.wsj.com/3qiv3to
    
    - Sitio Royalties Corp  STR.N  and Brigham Minerals Inc
 MNRL.N  have reached a deal to merge to form one of the largest
publicly traded mineral and royalty companies in the United
States valued at $4.8 billion, the companies said Tuesday. https://on.wsj.com/3x2JQfx
    
    - The European Union blocked Illumina Inc's  ILMN.O 
acquisition of cancer-test developer Grail Inc  GRAL.O , putting
a $7.1 billion merger into jeopardy just days after a U.S.
administrative law judge allowed it to go forward. https://on.wsj.com/3RJ5ayA
    
    - Juul Labs Inc on Tuesday agreed to pay at least $438.5
million in a settlement with more than 30 states, the latest
step by the beleaguered e-cigarette maker to resolve allegations
that it marketed its products to underage users. https://on.wsj.com/3D3NxFx
    
    

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