mergers & acquisitions
Why Larry Fink’s devilishly complicated Panama Canal deal may finally come good
The BlackRock boss is betting the trade war with China might not matter all that much.
DoorDash offers $3.6B to European rival in bid to beef up operations
Deliveroo's shares have weakened nearly 50% since their 2021 debut.
Unilever lays down the law after woke Ben & Jerry's founders try to buy back ice cream brand
That clarification comes as the founders of Ben & Jerry’s have been trying to gather investors to buy the brand back.
Capital One gets green light to buy Discover for $35B and form credit card giant
The deal joins two of the largest credit card companies that aren’t banks first, like JPMorgan and Citi, with the notable exception of American Express.
Prada buys Versace for $1.4B to create Italian fashion powerhouse: 'Huge potential'
The merger strengthens Italy's hand in a luxury industry led by French conglomerates, the biggest being Louis Vuitton owner LVMH.
US Steel shares tumble after Trump speaks out on possible sale to Japanese owner
The comment appeared to contradict recent actions by the Trump administration. On Monday, Trump directed a national security panel to take a fresh look at Nippon Steel's $14 billion bid.
US Steel shares surge 16% after Trump orders fresh review of Nippon Steel's bid
US Steel and Nippon Steel had alleged in a lawsuit that Biden prejudiced CFIUS's decision and violated the companies' right to a fair review.
Prada taps investment bank to help with bid for luxury rival Versace
Prada is looking to drum up $1.5 billion to complete the takeover, with another $1 billion earmarked to relaunch and revive Versace's Medusa brand, according to an Italian newspaper.
Why BlackRock boss Larry Fink believes he will win over control of the Panama Canal
Larry Fink is playing the long game. With a little time, a possible nudge from President Trump and some on-the-ground lobbying of his contacts in mainland China, BlackRock's billionaire boss believes...
Hailey Bieber explores sale of her makeup brand Rhode — and it could fetch $1B: report
Bieber has tapped investment bankers at JPMorgan Chase and Moelis to find a buyer for the cosmetic brand that she launched in 2022.
Alex Rodriguez and Marc Lore are about to land NBA's Timberwolves for bargain price: report
All that appears to be left is final approval by the NBA’s board of governors, which is the last step before any sale of a team can be completed.
Elon Musk's xAI buys social media platform X for $45B: 'Futures are intertwined'
The combined company would be valued at $80 billion.
Why the Paramount-Skydance merger remains in FCC purgatory
FCC boss Brendan Carr rejected CBS's request to dismiss the complaint over the “60 Minutes” interview with Kamala Harris. Privately, he had harsher words for network brass.
Dollar Tree to sell Family Dollar to private equity firms for $1B
The acquisition by a consortium that includes Brigade Capital Management and Macellum Capital Management confirms Wall Street Journal report.
How Bill Chisholm shocked even partners at his own firm with Boston Celtics bid -- as speculation swirls over whether he can pay
Chisholm would need to plunk down at least $450 million in cash now, and the rest later – no small chunk of change for anyone who’s not a billionaire several...
Wall Street mystified by little-known billionaire buying Celtics for over $6B: 'Never heard of the guy'
People are asking if Chisholm has the money necessary to make the deal work.
Google parent to buy cybersecurity startup Wiz for whopping $32B
The deal is Google's biggest deal ever and is expected to bolster its cloud business.
Google parent Alphabet nearing deal to buy cybersecurity startup Wiz for $30B
Wiz had called off a $23-billion deal with Alphabet last year to focus on its initial public offering.
PepsiCo buying prebiotic soda brand Poppi for nearly $2B as soft drink demand fizzles
Prebiotic sodas have become a top-growing category in the US within the carbonated drinks segment.
Prada's CEO flies to New York as talks to buy fashion rival Versace get serious
A deal would unite two of the biggest names in Italian fashion.