Zurich Buys Stake in UK M&A Insurer to Fuel US, Europe Expansion

KKR & Co. has walked away from a private equity consortium discussing a takeover of Gerresheimer AG, the German maker of packaging for drugs and cosmetics, people familiar with the matter said.

Warner Bros. Discovery Inc. is adding Anton Levy, the former head of technology investments at General Atlantic, to its board as part of an effort to improve returns at the film and TV company.

A Silicon Valley startup run by the billionaire co-founder of brokerage firm Robinhood Markets Inc. is receiving new funding for a plan to build a solar power grid in orbit.