PRESS DIGEST - Wall Street Journal - 22

Reuters04-22

April 22 (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.

- CVC Capital Partners has priced its initial public offering at between 13 euros ($13.86) and 15 euros per share implying a market valuation of up to 15 billion euros.

- Tesla and Li Auto cut prices further in China amid an intensifying price war.

- Hipgnosis Songs Fund said it received a $1.50 billion offer approach from Blackstone Funds that it would be prepared to recommend to shareholders if a formal takeover was made.

- Salesforce has backed away from its talks to acquire data-management software firm Informatica after the two companies could not agree on terms.

($1 = 0.9380 euros)

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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