Business
Netflix's potential acquisition of Warner Bros. Discovery ignites antitrust concerns
A potential merger between Netflix and Warner Bros. Discovery is setting off antitrust alarm bells in Washington. Source link
Tag
Acquisition
Business
Novo gets 15 billion euros of orders for Akero acquisition bonds
Novo Nordisk has pulled in more than 15 billion euros (S$22.6 billion) of investor orders for its multi-tranche bond sale, more than…
Business
‘De-extinction’ startup Colossal Biosciences makes its first acquisition: a company that clones pets
The cloning industry is contracting—ironically, perhaps. On Tuesday, Colossal Biosciences announced that it has acquired ViaGen Pets and…
Business
Mandarin Oriental acquisition bid shows it’s better to invest in Jardine Matheson
Analysts say the proposed buyout is a good deal for Jardine Matheson, but not so much for Mandarin Oriental International minority…
Business
Warner Bros. Discovery Says It Is Evaluating Acquisition Offers From ‘Multiple Parties’
Warner Bros. Discovery is reviewing “strategic alternatives” in light of “unsolicited interest” it has received from multiple parties for…
Business
Fashionphile Acquires Luxe Collective, Expands Footprint into U.K. and European Luxury Resale Market
PARIS – U.S.-based Fashionphile has acquired Luxe Collective, marking its official entry into the U.K. and European markets. Financial…
Business
Warner Bros. Discovery Rejected Paramount Skydance Acquisition Offer of $20 per Share as Too Low (Report)
Warner Bros. Discovery rejected a takeover offer of “around” $20 per share from David Ellison’s Paramount Skydance in recent weeks as “too…
Business
Competition watchdog clears Econ Healthcare acquisition, says deal has not substantially lessened competition
This is in view of the low market shares of the parties involved in the acquisition, among other reasons Singapore’s competition regulator…
Business
Dickies Sold to Bluestar Alliance for $600 Million
Count Dickies as the latest company to be sold to a brand management firm. On Monday morning, VF Corp. said it will sell its Dickies brand…
Business
Nudestix Finds a Buyer
Canadian color cosmetics brand Nudestix has been acquired by a U.S.-based private group, it said Friday, although it declined to reveal…
Business
Ulta Beauty Surpasses Q2 Expectations, Raises Full-year Forecast Amid Space NK Acquisition and International Expansion
Boosted by its acquisition of British beauty retailer Space NK and shrugging off the end of its partnership with Target Corp., Ulta Beauty…
Business
As Dick’s Sporting Goods Works to Close Foot Locker Acquisition Next Month, Concerns Remain Over New Company’s Future
A new athletic retail powerhouse is one step closer to becoming reality. On Tuesday, Dick’s Sporting Goods noted that all required…
Business
Foot Locker Shareholders Approve $2.4 Billion Acquisition by Dick’s Sporting Goods
Shareholders for , Inc. voted to approve its previously announced acquisition by Dick’s Sporting Goods, Inc. at the company’s special…
Business
New acquisition, healthcare segment fuelling Sunningdale Tech: non-exec chairman Koh Boon Hwee
Precision plastics engineering company Sunningdale Tech has continued to grow even after delisting from the Singapore Exchange (SGX) in…
Business
‘Not the marriage we expected’: analysts surprised by Simba’s acquisition of M1
The surprising union of M1 and Simba Telecom has left StarHub behind its competitors, analysts said. The deal defied industry expectations…
Business
PR Agency Studio Beauty Acquires Wellness Firm Powers PR, Expands With Wellness Division
Studio Beauty, founded by Bex Meredith and Cindy Krupp, has acquired Powers PR for an undisclosed amount. Through the acquisition, Powers…
Fashion
EXCLUSIVE: Prada Group Names Christopher Bugg Chief Communication Officer Ahead of Versace Acquisition Completion
MILAN — The Prada Group will reveal Wednesday it has promoted Christopher Bugg to chief communication officer. This is a new role at the…
Lifestyle
Ty Haney Officially Returns to Outdoor Voices
She’s back. Confirming a badly kept secret in the apparel industry, Ty Haney has officially returned to Outdoor Voices, the brand she…
Business
Transformers, Ninja Turtles, Taylor Sheridan and More: All the IP David Ellison’s Skydance Gets in Paramount Acquisition
Now that David Ellison’s Skydance has secured the keys to Paramount Global, what toys await him inside the company’s intellectual property…
Business
Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals
Chevron cut 575 positions in the Houston area after it completed its US$55 billion merger with Hess, a Texas Workforce Commission filing…
Beauty
Obagi, Milk Makeup Owner Waldencast Enters Filler Market With New Acquisition
Obagi injectables are in the works. Waldencast, the parent company of Milk Makeup and Obagi Medical skin care, has acquired Novaestiq…
Business
US Justice Department to allow T-Mobile’s US$4.4 billion acquisition of UScellular
antitrust enforcers greenlit T-Mobile’s US$4.4 billion acquisition of UScellular on Thursday, the latest deal blessed by the Trump…
Business
Ulta Beauty Acquires Space NK as It Speeds Up International Expansion
Ulta Beauty’s new chief executive officer Kecia Steelman continues to make significant moves, this time snapping up Space NK from…
Business
BNP Paribas completes 5.1 billion-euro acquisition of AXA Investment Managers
The acquisition allows BNP to manage long-term savings for insurers and pension funds with around 850 billion euros in assets Paribas said…