Dow Jones Top Company Headlines at 9 AM ET: Electronic Arts Goes Private for $52.5 Billion in Largest LBO Ever | CSX ...

Dow Jones
Sep 29, 2025

Electronic Arts Goes Private for $52.5 Billion in Largest LBO Ever

Electronic Arts said Monday it will go private in a $55 billion deal with a group of investors including private-equity firm Silver Lake, Saudi Arabia's Public Investment Fund and Jared Kushner's investment firm Affinity Partners

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CSX Appoints New CEO Following Activist Pressure

CSX named Steve Angel as its chief executive, succeeding Joe Hinrichs, after activist investor Ancora Holdingstold the railroad operator that it should pursue a deal with a rival.

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Novartis to Launch Direct-to-Patient Platform for Cosentyx in U.S.

The company is the latest pharma giant to move on price-cutting ahead of the Trump administration's deadline.

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GSK CEO Emma Walmsley to Step Down as Commercial Chief Takes Helm

Luke Miels is to succeed Emma Walmsley as the British drugmaker's chief executive starting from Jan.1.

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AstraZeneca to List Shares Directly on New York Stock Exchange

The British company said the direct listing would replace the existing listing of its American depository receipts on the Nasdaq.

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Auto Supplier First Brands Files for Bankruptcy Amid Accounting Jitters

First Brands enters bankruptcy protection after lenders raised red flags over the company's billions of dollars of off-balance-sheet debt.

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Sony Group Lists $9.5 Billion Financial Business to Focus on Entertainment

Shares of Sony Financial Group were listed in Tokyo Monday and the company said that a planned spinoff would take effect on Wednesday.

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Drug Tariffs Are a Sideshow. Trump's Next Move Could Hit Pharma Harder.

What unnerves investors is a lack of clarity on drug pricing.

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ASML Builds Machines that Make AI Chips. Why It's Missing Out on the Boom.

ASML stock has lagged behind other companies in the AI supply chain. What's holding the chipmaking equipment company back.

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First Amazon conquered retail. Now it's quietly building a $35 billion business that's changing how companies operate.

The company is increasingly focusing on supplying businesses with what they need, from janitorial supplies to kitchen equipment.

 

(END) Dow Jones Newswires

September 29, 2025 09:00 ET (13:00 GMT)

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