PRESS DIGEST - Wall Street Journal - April 28

Reuters
04-28
PRESS DIGEST - Wall Street Journal - April 28

April 28 (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.

- Merck MRCG.DE agreed to buy U.S. biopharmaceutical firm SpringWorks Therapeutics SWTX.O for $3.9 billion at $47 per share in cash, the German drugmaker confirmed on Monday.

- Airbus AIR.PA agreed to acquire assets from Spirit AeroSystems SPR.N including factories in Kinston, North Carolina, St. Nazaire, France, and Casablanca, Morocco, that produce parts for the European planemaker, as Spirit is set to be bought by rival Boeing BA.N.

- U.S. President Donald Trump proposed recognizing Crimea as part of Russia to facilitate a Ukraine peace deal, a suggestion Ukrainian President Volodymyr Zelensky rejected, insisting Kyiv will not legally accept Crimea's occupation.

- Heads of top U.S. universities, including Ivies and leading private research universities, have formed a private group to oppose the Trump administration's assaults on research funding and academic freedom in higher education.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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