Santos Gets $18.72 Billion Takeover Offer From Adnoc-Led Consortium
Australia's second-largest producer of oil and natural gas said it has received a takeover offer from a consortium led by Abu Dhabi's national oil company worth some $18.72 billion.
----
Victoria's Secret Is Under Mounting Pressure From Latest Activist Investor
Barington Capital Group plans to push the lingerie retailer to overhaul its board.
----
Cyberattack on Washington Post Strikes Journalists' Email Accounts
Reporters covering national security and economic policy were among the employees affected by the breach.
----
Australia's Securities Regulator Launches Inquiry Into ASX
Australia's securities regulator has launched an inquiry into share-market operator ASX after what it called repeated and serious failures that raise doubts over its ability to maintain critical trading infrastructure.
----
Inspections of Boeing 787 Jets in India Under Way After Crash
Indian authorities have ordered what they called "extended surveillance" of all Boeing 787 aircraft in the country's fleet while they investigate the cause of the Air India crash.
----
Nippon to Close U.S. Steel Deal After National-Security Pact With Trump
The Japanese steelmaker agreed to pay $14.1 billion to buy the Pittsburgh company in 2023.
----
How Elon Musk Is Reinventing Tesla's Strategy
The CEO's embrace of nascent AI technology is a shift from the company's early days when it used off-the-shelf technology for electric cars.
----
Anne Wojcicki Wins Bidding for 23andMe
Regeneron is backing away from buying the DNA-testing company after a nonprofit controlled by co-founder Wojcicki made a higher bid.
----
KKR Making Competing Bid for Equipment Maker Spectris
The private-equity firm plans to bid against rival Advent International, which submitted a roughly $5 billion proposal.
----
The Score: J.M. Smucker, Warner Bros. Discovery, Boeing and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news
----
Brookfield Strikes Deal to Buy Internet Provider Hotwire
Growing consumer demand for state-of-the-art fiber to power their devices has fiber mergers and acquisitions hot.
----
The World's Largest Meatpacker Finally Makes Its NYSE Debut
Brazil's JBS directly listed its shares in the U.S. market, but the meat giant has faced corruption charges and pushback from environmentalists.
----
RTX, Lockheed Martin, and Other Defense Stocks Surge as Israel and Iran Tensions Mount
Israel's attack on Iran lifted shares of military contractors while the overall market fell.
----
Walmart and Amazon Are Exploring Issuing Their Own Stablecoins
Corporate coins could take payments activity away from banks and the traditional financial system.
----
Groupe BPCE to Buy Novo Banco for $7.4 Billion
The French retail bank will buy the Portuguese lender from its majority owner Lone Star in the latest cross-border deal in European banking.
----
The Only Remedy for Intel's Woes May Be a Breakup
A chip-manufacturing spinoff could help solve some of the company's thorniest issues.
(END) Dow Jones Newswires
June 15, 2025 21:00 ET (01:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.