PRESS DIGEST- Wall Street Journal - July 19

Reuters
2021-07-19

July 19 (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.

- Fast Radius Inc is closing in on a deal with a special-purpose acquisition company that would value the digital manufacturing company at about $1.4 billion and take it public, people familiar with the matter said.

- Zoom Video Communications Inc , the videoconferencing service that became a household name globally during the pandemic, plans to parlay some of the resulting rise in its share price into a $14.7 billion acquisition to secure growth.

- Ingersoll Rand Inc has made takeover bids for component maker SPX Flow Inc that have so far been rebuffed, according to people familiar with the matter.

- Covid-19 restrictions on Florida-based cruise ships will remain in place, after a federal appeals court temporarily blocked a lower-court ruling that would have lifted the regulations.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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