Spark Infrastructure to Recommend KKR Led $3.71 Billion Takeover Offer

Spark Infrastructure Group said it would recommend a takeover offer by a consortium of KKR & Co. Inc., the Ontario Teachers' Pension Plan Board and the Public Sector Pension Investment Board that values its equity at around $3.71 billion. 


 
Juul, Other E-Cigarette Makers Face Judgment Day

The FDA is nearing a Sept. 9 deadline to decide which vaping products can stay on the market in a series of rulings that could reshape the industry. 


 
Rachel Maddow Strikes Multiyear Deal With MSNBC

MSNBC's highly rated host has signed a new deal that will keep her at the network for the next several years. 


 
For Buy Now, Pay Later, Investors Need to Shop for Best Deals

Square's deal for Afterpay has had a mixed effect on related stocks in payments and commerce, so investors can start hunting for relative bargains. 


 
For E-Commerce Logistics Firm Radial, Christmas Is Coming Early. Very Early.

The fulfillment and warehousing provider is making preparations for the holiday shipping season well ahead of schedule, with an eye on clogged global supply chains and the Delta variant. 


 
Companies Find It's a Good Time to Push Pension Obligations Off Balance Sheets

Lockheed Martin, Arconic and others have bought annuities this year to reduce risk from their defined-benefit pensions. 


 
Citadel to Redeem About $500 Million From Melvin Capital

Ken Griffin's Citadel and Citadel partners are planning to redeem roughly $500 million of the $2 billion they put in Melvin Capital Management after Melvin got slammed by short bets on GameStop and other soaring stocks. 


 
Steelmakers Grapple With How to Cut Emissions

Cleaning up one of the world's dirtiest industries is key to hitting global climate goals, but decarbonizing looks to be costly for companies. 


 
Cruise Line Investors Are Boarding the Wrong Ships

Norwegian doubles down on vaccination requirements, but the kids will be all right at home. 


 
Ampol Makes $1.37 Billion Offer For New Zealand's Z Energy

Fuel retailer Z Energy Ltd. said Australian petroleum company Ampol Ltd. has made a takeover offer which values it at nearly $1.37 billion.

(END) Dow Jones Newswires

08-22-21 2115ET