Business
Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals
Chevron cut 575 positions in the Houston area after it completed its US$55 billion merger with Hess, a Texas Workforce Commission filing…
Tag
Acquisition
Business
US Justice Department to allow T-Mobile’s US$4.4 billion acquisition of UScellular
antitrust enforcers greenlit T-Mobile’s US$4.4 billion acquisition of UScellular on Thursday, the latest deal blessed by the Trump…
Business
BNP Paribas completes 5.1 billion-euro acquisition of AXA Investment Managers
The acquisition allows BNP to manage long-term savings for insurers and pension funds with around 850 billion euros in assets Paribas said…
Business
CCCS okays Tamarind Health’s proposed acquisition of TalkMed
The Competition and Consumer Commission of Singapore (CCCS) has cleared Tamarind Health’s proposed acquisition of tertiary healthcare…
Business
Sembcorp unit’s acquisition of 49 MW Vietnam hydropower asset delayed
The company will take ‘regulatory uncertainties’ into account for new investments in the country The acquisition of a 49-megawatt (MW)…
Unsorted
Michael Bosstick’s Dear Media Acquires Fitness Platform Obé Fitness
Michael Bosstick’s Dear Media has acquired digital fitness platform Obé Fitness for an undisclosed amount. Obé Fitness launched in 2018,…
Business
PEC delists from SGX on Jun 19 after US$165 million acquisition by Liberty Energy Solutions
Engineering company PEC was delisted from the mainboard of the Singapore Exchange (SGX) at 9 am on Thursday (Jun 19), after Alliance…
Business
Grab denies reports of US$7 billion GoTo acquisition
SOUTHEAST Singapore-based ride-hailing and delivery company Grab said on Monday it was not in any talks on a potential deal with smaller…
Business
CapitaLand Investment expands fund with Japan asset acquisition at 30 billion yen
CapitaLand Investment (CLI) on Monday (Jun 9) announced that it secured additional capital commitments from new and existing institutional…
Business
EssilorLuxottica Expands Med-tech Strategy With Acquisition of Ophthalmology Platform Optegra
MILAN – EssilorLuxottica is making another acquisition in the med-tech segment. The eyewear giant said Friday it has entered into an…
Business
Indonesia’s Widjaja family’s Sinarmas Land offer wins 90% acceptance, triggering compulsory acquisition
Lyon Investments – controlled by the Widjaja family, one of Indonesia’s wealthiest clans – has crossed the 90 per cent acceptance…
Business
FCT to draw on additional debt financing to fund Northpoint City acquisition
The acquisition of Northpoint City’s south wing may be financed either with or without the issuance of perpetual securities, said the…
Business
GXS’ acquisition of Validus’ Singapore business a sign of market validation
The recent acquisition of small and medium enterprise (SME) lender Validus’ Singapore business is a sign of market consolidation and…
Business
EXCLUSIVE: Brazil’s Tania Bulhões Makes Second Limoges Area Acquisition as It Debuts in Europe
MILAN — With its Brazilian artistic flair and international growth ambitions, luxury tableware and fragrance brand Tania Bulhões has its…
Business
EXCLUSIVE: Capezio Brand Sold After 140 Years of Family Ownership
Capezio is changing hands after more than a century of family ownership. On Thursday, Argand Partners LP, a New York-based middle-market…
Business
Japan’s E-commerce Group Zozo to Acquire Lyst for $154 Million
LONDON – Lyst, the London-based shopping platform, said Wednesday it has entered into a definitive agreement to be acquired by Zozo, Inc.,…
Business
Authentic Luxury Group Eyeing John Elliott Acquisition: Sources
Authentic Luxury Group is on the verge of making its first acquisition. Last October, Saks Global, owner of Saks Fifth Avenue and Neiman…
Business
Can Hailey Bieber Break Beauty’s M&A Slowdown?
Can Hailey Bieber break the beauty M&A curse? Sources have confirmed to WWD that her beauty brand Rhode has hired J.P. Morgan and Moelis…
Business
M&A Process: Mastering Due Diligence in Every Acquisition
Are you currently about to embark on a merger or acquisition journey? Congratulations! It’s a thrilling ride that can shape the future of…
Business
Unilever Snaps Up British Sustainable Deodorant Brand Wild
Unilever has acquired British sustainable deodorant brand Wild for an undisclosed sum. Other terms of the deal also were not disclosed,…
Business
EXCLUSIVE: Wearable Breast Pump Company Willow Acquires Like-minded Femtech Company Elvie
The women’s health space is ramping up. Willow, known for its breast pump devices and accessories now available at Target, on Friday…
Beauty
Megalabs USA Acquires Skin Care Brand Geologie
Following its majority investment in hair growth brand DS Laboratories, pharmaceutical company Megalabs USA has been shopping again. This…
Business
Helly Hansen ‘Ticks All the Boxes’ for Kontoor, According to CEO Scott Baxter
Kontoor Brands has amassed a lot of cash since being spun off from VF Corp. in 2018. On Wednesday, it found a place to invest that money.…
Business
Bain Capital ends acquisition battle with KKR for Fuji Soft
US private equity firm Bain Capital said on Monday (Feb 17) it will not launch a tender offer for Fuji Soft, formally ending a takeover…