Brazil meat company JBS to buy Australia's Primo for $1.25 billion
Brazil's JBS SA (JBSS3.SA), the world's largest beef exporter, has agreed to buy Australian processed foods producer Primo Smallgoods for $1.25 billion.
Mergers & Acquisitions
Paramount-Skydance Merger Might Not Happen as Shari Redstone-Controlled Entertainment Firm Allegedly Backs Away
Paramount reportedly pulling out from the proposed merger with Skydance. Now, other entertainment companies are expected to take advantage if it doesn't push through.
Nvidia Now Acquiring Close Partner Run:ai! Acquisition Price, Purpose, Other Details
Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer plans to do with this acquisition...
Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger
Kroger and Albertsons announced a divestment deal to sell more shops to C&S Wholesale Grocers to get government permission for a merger...
FTC Sues to Block $8.5 Billion Merger of Coach and Michael Kors Handbag Makers
The Federal Trade Commission (FTC) has taken legal action to block Tapestry's $8.5 billion acquisition of Capri Holdings Limited, the parent company of Michael Kors...
Did Disney Send Kids to Jeffrey Epstein's Island for Snorkeling? Fake Viral Video Spread on TikTok, X
There have been claims circulating on social media in recent weeks reg...
Stuff, Newshub Reach Deal to Save TV News, Provide New-Look Bulletin
The 6pm TV3 news has been saved, undergoing a complete transformation ...
Latest News
Sysco close to asset sale to win antitrust nod for US Foods deal
Sysco Corp (SYY.N), the biggest U.S. food distributor, is in advanced talks to sell some assets to a food company owned by Blackstone Group (BX.N) in order to win regulatory approval for its acquisiti
E.ON, Macquarie in exclusive talks over Spanish ops
Germany's top utility E.ON SE (EONGn.DE) has entered exclusive talks to sell its Spanish activities to Australian infrastructure investor Macquarie Group Ltd (MQG.AX), four sources familiar with the m
Fresenius bids for Danone's medical nutrition arm
The German medical group Fresenius (FMEG.DE) and the Permira investment fund PERM.UL have made an offer for the medical nutrition arm of Danone (DANO.PA), The Wall Street Journal reported on Wednesday
Hon Hai, Innolux to invest $2.8 billion in Taiwan flat-panel plant
Hon Hai Precision Industry Co Ltd (2317.TW), the world's largest contract electronics manufacturer, will partner with flat-panel maker Innolux Corp (3481.TW) in investing T$86.8 billion ($2.8 billion)
SAP CEO rules out big acquisitions in next few years
German business software maker SAP is doing an about-face on its acquisition strategy and plans no more big new deals in the next few years, its chief executive said on Wednesday.
J&J seeks over $5 billion in damages from Boston Scientific at trial
Nearly a decade after losing a bidding war for device maker Guidant to Boston Scientific Corp, Johnson & Johnson finally has a chance for payback at a multibillion-dollar trial set to begin on Thursda
Hasbro board votes to exit DreamWorks merger talks
Merger talks between Hasbro Inc and DreamWorks Animation SKG Inc formally ended on Monday morning, when the toy company's board voted to walk away, according to a person with knowledge of the board's
Blackstone to sell Manhattan skyscraper for about $2.25 billion
Blackstone Group LP has reached a deal to sell a Manhattan office tower for about $2.25 billion to a venture led by Canadian property investor Ivanhoe Cambridge, the Wall Street Journal reported, citi
Carlsberg takes control of Greek brewer Olympic Brewery
Danish brewer Carlsberg (CARLb.CO) said it will strengthen its position in Greece significantly through a merger with the country's third largest brewer Olympic Brewery.
