Mergers and Acquisitions

Western Digital Corp.

Toshiba Corp is in talks with at least four global private equity firms including KKR & Co Inc and Blackstone Inc to seek their ideas for its new strategy, three sources with knowledge of the matter said.

Richard Branson's satellite launch company Virgin Orbit will make its stock market debut on the Nasdaq through a merger with special purpose acquisition company NextGen Acquisition Corporation II.

Stocks hit records as investors looked ahead to a key Federal Reserve event that could lay out the framework for the central bank to begin tapering its asset purchases.

Pfizer's $2.26B Trillium deal will target drugs for blood cancers, such as leukemia, multiple myeloma and lymphoma, according to the companies.

An investment group that includes Abu Dhabi’s sovereign-wealth fund is close to acquiring a minority stake in CityFibre Infrastructure Holdings in a deal that would value the U.K. fiber-optic-broadband provider at more than $2.7 billion, according to people familiar with the matter.

Hyatt Hotels CEO Mark Hoplamazian, argued on Thursday that travel demand’s current cool down is a “short-term phenomenon.”

Derivatives exchange giant CME Group has forcefully denied a report that it is in talks to acquire smaller Cboe Global Markets.

Axel Springer SE is in talks to purchase an ownership stake in Washington, D.C., publisher Politico, according to people familiar with the matter, a deal that would consummate a yearslong relationship between the two companies.

BHP Group Ltd. , the world’s biggest mining company, said it is considering the sale of its petroleum business, a move that would reduce its exposure to fossil fuels amid growing pressure from investors and governments for resources companies to cut emissions.

Hyatt Hotels Corp. plans to buy resort company Apple Leisure Group from its private-equity owners for $2.7 billion.

U.S. stocks ticked to record highs Friday as investors shrugged off a sharp drop in consumer confidence.

Kansas City Southern railroad is trying to keep its $33.6 billion merger with Canadian National on track by rejecting a competing $31 billion bid from rival Canadian Pacific earlier this week.

NortonLifeLock Inc.

DraftKings CEO Jason Robins said he has "ambitions" for his company to be like Amazon in the long-term as it pertains to expanding its products and services.

The bidding war for Kansas City Southern is heating up after Canadian Pacific Railway Ltd. raised its offer for the U.S. railroad operator.

HotelPlanner and Reservations.com are nearing a deal to merge and go public through a special-purpose acquisition company, people familiar with the matter said.