Fidelity National Financial Inc is nearing a deal to acquire U.S. annuities and life insurance firm FGL Holdings Inc , as it seeks to expand beyond its core title insurance business, three people familiar with the matter said on Thursday.
(This January 31 story has been refiled to correct spelling of coronavirus in headline)
Casper Sleep Inc on Wednesday sold shares in its initial public offering (IPO) at the bottom end of a targeted range it had already lowered, slashing the online mattress retailer's valuation by more than half in less than a year.
NEW YORK Drug research firm PPD Inc said on Wednesday it raised $1.62 billion in its initial public offering (IPO) after pricing shares at the top end of its targeted range.
NEW YORK Reynolds Consumer Products , the maker of Reynolds Wrap tin foil, raised around $1.2 billion in its initial public offering on Thursday, braving stock market volatility fueled by concerns over the spread of a coronavirus.
NEW YORK Investment bank Lazard Ltd said on Thursday net profit in 2019 slumped by 44% year on year, as last year's slowdown in corporate dealmaking weighed on earnings, but the company said fourth-quarter activity gave grounds for optimism in 2020.
U.S. toolmaker Stanley Black & Decker Inc said on Wednesday it is acquiring Boeing Co supplier Consolidated Aerospace Manufacturing LLC (CAM) for as much as $1.5 billion, with a portion of the price contingent on Boeing's troubled 737 MAX aircraft returning to the skies.