Mergers & Acquisitions

Aurea Group Agrees to Acquire The Body Shop Out of Bankruptcy for Undisclosed Amount

The Aurea Group and several investors are expected to acquire The Body Shop after it announced its bankruptcy earlier this year.

Macy’s Ends Buyout Deal with Arkhouse, Brigade After Talks Deteriorate

The board of the department store Macy’s unanimously decided to terminate its negotiations with Arkhouse Management and Brigade Capital regarding the group’s proposal to acquire the retailer...

Goldman Sachs Buys Taylor Swift’s Stage Builder TAIT

Goldman Sachs’s private equity business has bought the majority stake of TAIT, the engineering company that designed the stage for Taylor Swift’s Eras Tour, for an undisclosed amount...

Lufthansa Receives EU Approval to Acquire ITA Airways for $350 Million

Lufthansa has won EU antitrust approval to buy 41% of ITA Airways for around $350 million...

Latest News

Adam Neumann Withdraws $500 Million Offer to Buy Back WeWork
WeWork founder Adam Neumann has withdrawn his multi-million dollar offer to buy back the bankrupt firm.
T-Mobile Purchases US Cellular Operations, Expands 5G Coverage
T-Mobile is acquiring US Cellular’s wireless operations and spectrum assets for $4.4 billion, enhancing its network coverage and capacity while consolidating the industry.
Reddit Collaborates With OpenAI to Bring Contents to ChatGPT, AI Tools
OpenAI's partnership with Reddit allows access to real-time content, enhancing ChatGPT and future products with platform discussions.
Paramount, Amazon Initiate Talks on Expanding Media Partnership
Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures.
Anglo American Announces Plans to Leave Diamond, Platinum, Coal Mining to Avoid BHP Acquisition Plans
Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group.
Uber to Acquire Foodpanda’s Taiwan Operations for Whopping $950 Million Cash
Uber has agreed to pay $950 million in cash to acquire Taiwanese unit of Foodpanda owned by Delivery Hero.
Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord
Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year.
Private Equity Firms Eye Peloton Amid CEO Departure, Cost-Cutting Talks
Private equity firms are considering buying Peloton amid the CEO's departure and cost-cutting efforts. Restructuring aims to reduce expenses, and debt refinancing is in progress.
Steve Wozniak’s Space Firm Privateer Buys Orbital Insight, Raises $56.5 Million in Funding
Steve Wozniak’s space date company Privateer has acquired Orbital Insight for an undisclosed amount.
EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States.
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