Zoom CEO Transfers $6 Billion of His Shares 
 

Eric Yuan transferred roughly 40% of his ownership in the company he runs, a stake valued at about $6 billion, after Zoom's shares more than tripled last year.

 
Apax Partners Seeks $1.5 Billion for Second Midmarket Digital Fund 
 

Buyout firm Apax Partners is pitching its second digital fund focused on midmarket technology companies just weeks after collecting $11 billion for its latest main investment pool.

 
Apollo Reabsorbs Athene in Deal Valuing Firm at $11 Billion 
 

Private-equity giant Apollo announced the acquisition of the portion of Athene Holding it doesn't already own in an all-stock transaction that values the insurance-and-retirement services firm at around $11 billion.

 
KKR Invests in Paige.AI Through a $125 Million Financing Round 
 

Aside from KKR & Co., the Paige.AI financing round also included investors Casdin Capital, Catalio Capital Management and Johnson & Johnson's strategic venture-capital arm.

 
U.S. Companies in China Say Political Tensions Remain Top Concern 
 

The pessimism comes despite 50% of respondents predicting the tone of the U.S.-China relationship would likely improve this year following the change in leadership in Washington.

 
American Airlines to Use Frequent-Flier Program to Raise $7.5 Billion 
 

The carrier will use the funds to replace a loan from the federal government.

 
Christian Louboutin Sells 24% Stake to Italy's Agnelli Family 
 

The stake values the luxury footwear brand, known for its red soles, at $2.73 billion.

 
Meghan Markle and Prince Harry's Oprah Interview Drew About 17.1 Million Viewers 
 

The conversation that aired Sunday on CBS was one of the most-watched events of the TV season, but its audience was still a far cry from the Super Bowl's.

 
Greensill Files for Insolvency, Leaving Pain for Investors 
 

SoftBank-backed Greensill Capital filed for insolvency protection, days after regulators took over its banking unit and Credit Suisse froze key investment funds.

 
Selling Jet-Leasing Could Be a Breakup Too Far for GE 
 

General Electric's aviation business might lose a key advantage as CEO Larry Culp continues to unwind his predecessors' legacy.

(END) Dow Jones Newswires

March 08, 2021 21:15 ET (02:15 GMT)