Tag: Mergers and acquisitions
McDonald’s increases minority stake in China business
Customers wait for their takeout food outside a McDonald's restaurant during the May Day holiday on May 1, 2022 in Beijing, China.VCG | Getty ImagesMc [...]
Paramount, Shari Redstone might have missed deal window
Shari Redstone, president of National Amusements and controlling shareholder of Paramount Global, walks to a morning session at the Allen & Compan [...]
Bill Ackman would ‘absolutely’ do a deal with X with his new SPARC
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023.Adam Jeffery | CNBCBillion [...]
Smucker to buy Twinkie maker Hostess
Hostess Twinkies and CupCakes are displayed on a store shelf on May 17, 2021 in San Anselmo, California.Justin Sullivan | Getty ImagesJelly maker J.M. [...]
Subway sold to Roark Capital, private equity firm
In this photo illustration, a Subway meal is seen on a table at a Subway restaurant on January 12, 2023 in Austin, Texas.Brandon Bell | Getty ImagesRo [...]
Aldi to acquire Winn-Dixie and Harveys Supermarket stores
Jeff Greenberg | Universal Images Group | Getty ImagesSupermarket chain Aldi plans to acquire hundreds of Winn-Dixie and Harveys Supermarket locations [...]
Vietnamese EV maker VinFast debuts on the Nasdaq via SPAC merger
Shares of Vietnamese electric vehicle maker VinFast began trading on the Nasdaq on Tuesday, following completion of its merger with the U.S.-listed sp [...]
SEC investigating Illumina over Grail acquisition
A building on the campus at the world headquarters of Illumina is shown in San Diego, California, Sept. 1, 2021.Mike Blake | ReutersThe U.S. Securitie [...]
Novo Nordisk to acquire Inversago Pharma, Canadian obesity drug maker
Liselotte Sabroe | Afp | Getty ImagesNovo Nordisk on Thursday said it will acquire Inversago Pharma, a privately held obesity drug maker, for up to $1 [...]
J&J investors can soon swap shares for Kenvue stock
Thibaut Mongon, CEO and Paul Ruh CFO of Kenvue Inc. a Johnson & Johnson's consumer-health business, pose together during the company's IPO at the [...]
Obesity drug maker Versanis to be bought by Eli Lilly
Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain.Cristina Arias | Cover | Getty ImagesEli Lilly on Friday said [...]
Illumina hit with record EU fine over Grail deal
Rafael Henrique | Lightrocket | Getty ImagesEuropean Union regulators on Wednesday fined Illumina a record 432 million euros ($476 million) for closin [...]
Eli Lilly to acquire Dice Therapeutics for $2.4 billion
David Ricks, CEO, Eli LillyScott Mlyn | CNBCEli Lilly on Tuesday said it struck a $2.4 billion deal to acquire Dice Therapeutics in a bid to bulk up i [...]
(CAVA) starts trading on the New York Stock Exchange
A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on June 15, [...]
Cava IPO could set tone for other restaurants going public
A person departs a Cava restaurant chain location in Pasadena, California, Feb. 6, 2023.Mario Tama | Getty Images News | Getty ImagesAs Cava makes its [...]