Kraft Heinz said it was looking at strategic transactions as demand for its pricey snacks and ready-to-eat meals weakens in an uncertain economic environment. The company also said Timothy Kenesey and Alicia Knapp...
US oil M&A deals slide from 2023 highs as buyers focus on value over volume
Dealmaking in the U.S. oil patch has slowed to a crawl in 2025, with the activity expected to stay muted for the rest of the year, as some prolific buyers focus on squeezing out value from their past acquisitions, while...
US court approves Brazilian airline Gol’s restructuring plan
Brazilian airline Gol said on Tuesday its restructuring plan under Chapter 11 proceedings was approved by a U.S. court, paving the way for it to exit bankruptcy protection on June 6. The carrier, one of Brazil’s...
Thoma Bravo’s Nearmap to buy insurance tech firm itel for over $1.3 billion
Thoma Bravo-backed Nearmap has agreed to buy insurance technology provider itel from private equity firm GTCR, the companies said on Tuesday, as it looks to expand its offerings across property portfolios. The deal...
Levi Strauss to sell Dockers to Authentic Brands for $311 million to focus on core labels
Levi Strauss on Tuesday said it will sell its Dockers apparel brand to Reebok and Van Heusen owner Authentic Brands Group for $311 million to focus on its flagship Levi’s brand and the Beyond Yoga activewear line...
Brazil’s antitrust body to approve Petz, Cobasi merger, local media reports
Brazil’s antitrust body Cade is set to approve this week, without restrictions, the merger of two retailers of products for pets, Cobasi and Petz, local news outlet Brazil Journal reported on Monday, citing...
UK’s Adriatic Metals in takeover talks with Dundee Precious Metals
UK’s Adriatic Metals said on Tuesday it was in talks with Canadian peer Dundee Precious Metals regarding a possible takeover. Sky News, which first reported about the potential talks earlier in the day, said a...
UK food group Greencore seals $1.6 billion Bakkavor deal
Convenience food manufacturer Greencore said on Thursday it had agreed to the terms of a recommended acquisition of UK fresh food provider Bakkavor Group, in a deal valued at 1.2 billion pounds ($1.59 billion). In...
Rite Aid to sell 1,000 pharmacy assets to CVS, Walgreens and others
Bankrupt U.S. pharmacy chain Rite Aid on Thursday said it agreed to sell pharmacy assets from more than 1,000 store locations in separate transactions to CVS Pharmacy, Walgreens, Albertsons, Kroger and Giant Eagle...
Jordan’s Bank al Etihad to buy smaller Investbank, bank officials say
Jordan’s Bank al Etihad has acquired smaller peer Investbank in a deal that will create one of the kingdom’s biggest lenders, bank officials said on Thursday. The two banks’ boards agreed to a stock...
Thoma Bravo divests all its stake in exchange operator Nasdaq, source says
Private equity firm Thoma Bravo has sold its remaining stake in Nasdaq for approximately $3.4 billion in two separate transactions, a source familiar with the matter told Reuters on Thursday. A block of approximately 25...
Canadian Indigenous group to buy $511-million stake in Enbridge’s Westcoast pipeline
Canadian pipeline operator Enbridge is selling a stake in its Westcoast natural gas system to a consortium of 36 First Nations, the first deal to include financing from a new federal loan program aimed at helping...
