PRESS DIGEST -Wall Street Journal - February 9
Feb 9 (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.
- A consortium comprising U.S. private-equity firm Advent International, logistics group FedEx FDX.N, and investment companies A&R and PPF agreed to buy Polish parcel-delivery provider InPost INPST.AS for $9.22 billion.
- Chinese drugmaker Innovent Biologics 1801.HK struck a partnership with Eli Lilly LLY.N to develop new treatments that could generate up to $8.5 billion in milestone payments.
- Grocery giant Kroger KR.N plans to hire Greg Foran, a former executive at top rival Walmart WMT.O, as its next chief executive.
- UK lender NatWest NWG.L is set to buy wealth manager Evelyn Partners for 2.7 billion pounds ($3.67 billion) to boost its savings and investment offerings.
- A Hong Kong court sentenced former tycoon Jimmy Lai, an outspoken 78-year-old critic of China's Communist Party, to 20 years in prison.
($1 = 0.7355 pounds)
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