Daily News for Dealmakers
Skift Take: Anthony Capuano, CEO of Marriott International, will not be surprised if a big merger or acquisition shakes up the hotel industry, but it most likely won’t involve his brand.
— Andrea Doyle
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Author: Andrea Doyle, Skift
Elliott Investment Management has amassed a stake exceeding $1 billion in Lululemon Athletica, positioning the activist investor as a major force during the athletic apparel retailer's leadership...
Diageo PLC has agreed to sell its 65% holding in East African Breweries Ltd (EABL) — via the divestment of Diageo Kenya Ltd — to Japan’s Asahi Group Holdings for approximately $2.3 billion, a...
Lotte Hotels & Resorts, a flagship arm of South Korea's Lotte Group, has agreed to acquire the land beneath its iconic Lotte New York Palace hotel in Manhattan for $490 million (approximately...
iRobot — the household-name maker of Roomba robot vacuums — filed for Chapter 11 bankruptcy in the District of Delaware and will be taken private by its primary manufacturer and creditor,...