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,...
Michael Jordan's 23XI Racing secured a landmark settlement with NASCAR on December 12, 2025, effectively challenging the league's charter system and establishing charters as permanent franchises...
Coca-Cola is engaged in urgent weekend negotiations with TDR Capital, owner of Asda, to rescue its proposed divestiture of Costa Coffee after selecting the private equity firm as the preferred...
Unilever PLC has announced a dedicated annual allocation of approximately $1.7 billion (around €1.5 billion) for mergers and acquisitions, with a pronounced strategic emphasis on expanding its...
French beauty powerhouse L’Oréal has announced a strategic move to deepen its footprint in the fast-growing aesthetic injectables market by increasing its stake in Swiss dermatology leader...
ITT Inc. announced on December 5, 2025, that it has entered into a definitive agreement to acquire SPX FLOW, Inc. from Lone Star Funds for $4.775 billion in cash and equity, representing the largest...
The Coca-Cola Company's decision to explore the sale of Costa Coffee for approximately £2 billion represents one of the most significant strategic reversals in recent beverage industry history,...
