Unilever said on Thursday it will sell its plant-based meat brand The Vegetarian Butcher to Netherlands-based Vivera.
The London-listed company did not disclose financial terms of the deal.
Germany’s Munich Re to buy $2.6 billion Next Insurance
Munich Re is buying the 71% of Next Insurance that it doesn’t already own, strengthening its foothold in the United States and valuing the California-based company at $2.6 billion, a division of the German company...
Beacon Roofing agrees to $11 billion QXO buyout, ending takeover battle
Beacon Roofing Supply has agreed to an $11 billion buyout offer from billionaire Brad Jacobs’ firm QXO, weeks after it rejected a marginally lower bid from the company and raised its defenses to prevent a hostile...
SoftBank buys chipmaker Ampere Computing for $6.5 billion, deepening AI bet
Japanese technology investor SoftBank Group is accelerating its move into chip technology companies with the $6.5 billion purchase of Ampere Computing, a U.S. chip startup founded by the former president of Intel. The...
Brookfield leads race to buy Colonial Pipeline, Bloomberg News reports
Brookfield Asset Management is emerging as the frontrunner to acquire Colonial Pipeline, in a deal that could value the pipeline operator at $10 billion or more including debt, Bloomberg News reported on Wednesday...
Axel Springer weighs sale of marketing business Awin, sources say
German media group Axel Springer is considering a sale of its affiliate marketing unit Awin, according to three people familiar with the matter, following the planned break-up its owners agreed last year. The group has...
Sportradar to acquire IMG Arena and its global sports betting rights portfolio
Sports technology company Sportradar Group has entered into a definitive agreement to acquire IMG Arena and its portfolio of global sports betting rights from Endeavor Group Holdings, Inc, Sportradar said on Wednesday...
HSBC in talks to sell German fund administration unit to BlackFin, Bloomberg News reports
HSBC Holdings is in advanced talks to sell its German fund administration business to private-equity firm BlackFin Capital Partners, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. The...
Google announces largest deal in 26-year history, to acquire cybersecurity firm Wiz. What does this mean in era of AI?
Google will buy cybersecurity firm Wiz for USD 32 billion to boost the tech giant’s in-house cloud computing amid burgeoning artificial intelligence growth. The all-cash acquisition announced Tuesday would be...
Air France-KLM in ongoing talks with Air Europa on potential stake, CEO says
Air France-KLM is in talks to take a stake in Spanish airline Air Europa and is looking to boost its existing holding in Scandinavian carrier SAS to a majority, CEO Ben Smith told Reuters on Tuesday. “We’ve...
Pfizer to sell entire Haleon stake
Pfizer will sell its remaining stake in British consumer healthcare group Haleon, the companies said on Tuesday. Pfizer will sell about 662 million ordinary shares, or 7.3%, of Haleon, created in a merger of GSK and...
Swiss insurers Baloise, Helvetia explore merger, Bloomberg News reports
Switzerand’s Baloise and Helvetia Holding AG have been exploring a potential merger to create one of the country’s largest insurers, Bloomberg News reported on Tuesday, citing people familiar with the matter...
