PRESS DIGEST- Wall Street Journal - Dec 24

Reuters2024-12-24

PRESS DIGEST- Wall Street Journal - Dec 24

Dec 24 (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.

- Nippon Steel's Nippon Steel 5401.T plan to acquire U.S. Steel X.N has been referred to President Biden after a government panel reviewing the plan failed to reach a consensus.

- DexCom DXCM.O and Abbott Diabetes Care have entered a settlement and patent cross-license agreement, resolving all outstanding litigation between the companies.

- The Consumer Financial Protection Bureau said it sued Walmart WMT.N and payments platform Branch Messenger for practices concerning delivery drivers' pay and reimbursements.

- Xerox XRX.O has struck a deal for Lexmark International that values the maker of printers and printing software at $1.5 billion, including debt.

- Tencent's largest shareholder, Prosus PRX.AS, plans to buy Latin American online travel agency Despegar for $1.7 billion as part of its expansion in the region.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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