Unilever explores merger with McCormick for food division
business Mar 20, 2026, 10:11 AM
Unilever explores merger with McCormick for food division
  • Unilever is in negotiations with McCormick regarding a possible merger of its food division.
  • The talks follow a Wall Street Journal report, indicating a potential spin-off of Unilever's food business.
  • The merger could allow both Unilever and McCormick to strengthen their market positions and product lines.
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Amazon acquires RIVR to enhance doorstep delivery with robots
business Mar 20, 2026, 5:04 AM
Amazon acquires RIVR to enhance doorstep delivery with robots
  • Amazon has acquired RIVR, a Swiss robotics startup focused on doorstep delivery technology.
  • RIVR's robots are designed to help delivery associates transport packages more efficiently to customers' doorsteps.
  • This acquisition is part of Amazon's broader strategy to integrate AI and promote safety and efficiency in its delivery operations.
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OpenAI acquires Astral to boost Codex capabilities
business Mar 19, 2026, 7:44 PM
OpenAI acquires Astral to boost Codex capabilities
  • OpenAI has entered into an agreement to acquire Astral, known for its open source Python tools.
  • The acquisition aims to integrate Astral's tools with OpenAI's Codex to enhance AI capabilities in software development.
  • OpenAI will continue to support Astral's open source projects after the acquisition, assuring the community of ongoing development.
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business Mar 19, 2026, 3:44 PM
OpenAI acquires Astral amid concerns over support for open source tools
  • OpenAI is set to acquire Astral, a Python tool maker.
  • Astral's tools are expected to remain supported as open source projects after the acquisition.
  • Community feedback reflects both excitement and skepticism regarding the acquisition's implications.
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Mastercard confirms $1.8 billion acquisition of BVNK amid crypto expansion
business Mar 17, 2026, 1:00 AM
Mastercard confirms $1.8 billion acquisition of BVNK amid crypto expansion
  • Mastercard's acquisition of BVNK concludes extensive negotiations with multiple potential buyers.
  • This deal represents the largest stablecoin acquisition in the history of the crypto industry.
  • Mastercard aims to strengthen its position in the payments landscape amid rising interest in stablecoins.
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business Mar 16, 2026, 2:55 PM
Public Storage buys National Storage Affiliates for $10.5 billion
  • Public Storage plans to acquire National Storage Affiliates in a $10.5 billion all-stock deal.
  • The merger would create a combined entity with 327 million square feet of storage across nearly 4,600 locations.
  • This acquisition reflects Public Storage's strategy to expand in growing U.S. regions and enhance market competitiveness.
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Tilray Brands acquires BrewDog's key US assets amidst major deal
business Mar 16, 2026, 2:20 PM
Tilray Brands acquires BrewDog's key US assets amidst major deal
  • Tilray Brands has acquired key BrewDog assets in the US, including locations in Ohio and Las Vegas.
  • The acquisition follows a similar deal in the UK where BrewDog underwent restructuring, leading to job losses.
  • This acquisition will enhance Tilray's strategy in the North American craft beer market.
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business Mar 13, 2026, 5:57 PM
Alphabet sells Google Fiber's majority stake to private equity firm
  • Alphabet has sold a majority stake in Google Fiber to Stonepeak, a private equity firm.
  • The merger with Astound raises concerns about reduced competition in the internet service market.
  • Subscribing customers express worry about potential price increases and service quality decline.
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Google acquires Wiz for $32 billion to dominate cloud security
business Mar 12, 2026, 3:38 PM
Google acquires Wiz for $32 billion to dominate cloud security
  • Google announced the acquisition of Wiz in July 2025 for $32 billion.
  • Wiz has developed a unique approach to cloud security, enabling it to scale rapidly.
  • The deal enhances Google’s ability to compete in the booming cloud computing industry.
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Irth Capital proposes $1.5 billion buyout of Papa John’s
business Mar 11, 2026, 10:59 PM
Irth Capital proposes $1.5 billion buyout of Papa John’s
  • Irth Capital Management has proposed a $1.5 billion acquisition of Papa John's, offering $47 per share.
  • The proposal arrives as Papa John's navigates financial recovery and plans to close 300 underperforming restaurants.
  • This acquisition could significantly reshape the ownership and future strategy of Papa John's as it faces market challenges.
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Axel Springer seals £575 million deal to acquire Telegraph Media Group
business Mar 6, 2026, 1:00 AM
Axel Springer seals £575 million deal to acquire Telegraph Media Group
  • Axel Springer has reached an agreement to acquire the Telegraph Media Group for £575 million.
  • This acquisition follows the Daily Mail and General Trust's previous attempt to buy the Telegraph for £500 million, which faced government scrutiny.
  • The deal reflects Axel Springer's commitment to bolster the Telegraph's legacy while expanding its presence in the United States.
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Six Flags sells seven parks for over $330 million in major deal
business Mar 5, 2026, 4:10 PM
Six Flags sells seven parks for over $330 million in major deal
  • Six Flags Entertainment is set to sell seven amusement parks to EPR Properties for approximately $331 million.
  • The sale includes parks located in Michigan, Texas, New York, Missouri, Minnesota, Kansas, and Quebec.
  • This divestiture will allow Six Flags to concentrate on parks that offer greater long-term potential and is expected to close by early 2026.
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ITV's profits dip as Sky TV deal talks continue
business Mar 5, 2026, 11:43 AM
ITV's profits dip as Sky TV deal talks continue
  • ITV is in discussions with Sky for a potential £1.6 billion acquisition of its broadcasting division.
  • The company reported a 5 percent decline in adjusted pre-tax profits for the year ended December 31.
  • Despite challenging market conditions, ITV claims its performance has been stronger than expected.
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Paramount's superior bid forces Netflix to withdraw from Warner Bros. Discovery auction
business Feb 27, 2026, 6:00 PM
Paramount's superior bid forces Netflix to withdraw from Warner Bros. Discovery auction
  • Netflix decided to withdraw its bid for Warner Bros. Discovery after learning that Paramount submitted a superior offer.
  • CNN asked its employees about the potential impacts of corporate changes, revealing a tense and anxious atmosphere.
  • The ownership change could lead to significant shifts in CNN's management and direction.
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Kroger shuts down stores after failed merger
business Feb 27, 2026, 1:21 PM
Kroger shuts down stores after failed merger
  • Kroger announced the closure of 60 underperforming stores in June 2023 as part of a strategy to improve efficiency.
  • The store closures are a response to the failed merger with Albertsons and are expected to affect around five percent of its locations.
  • These changes are aimed at enhancing profitability and customer experience, with further plans for new store openings in 2026.
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Paramount secures Warner Bros takeover after Netflix withdraws
business Feb 27, 2026, 12:25 AM
Paramount secures Warner Bros takeover after Netflix withdraws
  • Netflix has stepped back from its bid to acquire Warner Bros Discovery.
  • Paramount has improved its offer to successfully position itself as the prospective buyer.
  • This decision creates a significant shift in the entertainment landscape, impacting the future of both companies and the media industry.
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Everpure acquires 1touch to redefine data management
business Feb 24, 2026, 10:30 AM
Everpure acquires 1touch to redefine data management
  • Everpure, formerly Pure Storage, is acquiring 1touch to enhance its data management capabilities.
  • The rebranding aligns with a focus on coordinating data storage and management for AI optimization.
  • This acquisition is expected to help organizations better utilize their data, making it 'AI-ready'.
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Uber expands services by acquiring SpotHero for parking solutions
business Feb 24, 2026, 10:17 AM
Uber expands services by acquiring SpotHero for parking solutions
  • Uber acquired the US-based parking reservation app SpotHero.
  • The acquisition is expected to enhance the in-app parking reservation services for various needs.
  • This move aims to broaden Uber's consumer base and integrate parking into the overall Uber experience.
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Meta secures 10% stake in AMD through $100 billion deal
business Feb 24, 2026, 1:00 AM
Meta secures 10% stake in AMD through $100 billion deal
  • The agreement between Meta and AMD includes the purchase of 6 gigawatts' worth of AI chips to enhance Meta's capabilities.
  • As part of the deal, Meta will acquire a 10% stake in AMD, highlighting the strong competition in the semiconductor sector.
  • This strategic alliance signals Meta's commitment to diversifying its technology portfolio and advancing its AI initiatives.
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Paramount raises bid for Warner Bros to surpass Netflix's offer
business Feb 24, 2026, 12:42 AM
Paramount raises bid for Warner Bros to surpass Netflix's offer
  • Paramount Skydance increased its bid for Warner Bros. Discovery from $30 to $31 per share.
  • Warner Bros. Discovery is currently evaluating both Paramount's and Netflix's competing offers.
  • The final decision on the acquisition will be made after shareholder voting on March 20, 2026.
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Johnson Matthey reduces CT business sale price amid regulatory concerns
business Feb 23, 2026, 9:34 AM
Johnson Matthey reduces CT business sale price amid regulatory concerns
  • Johnson Matthey has reduced the sale price of its Catalyst Technologies (CT) business from £1.8 billion to £1.33 billion.
  • The decision to cut the sale price comes as Honeywell considers regulatory hurdles and challenges in the market.
  • Johnson Matthey aims to reassure shareholders with a £1 billion return from the deal through dividends and share buybacks.
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Eric Trump invests in low cost per kill drones amid military contract gains
business Feb 19, 2026, 1:14 PM
Eric Trump invests in low cost per kill drones amid military contract gains
  • Eric Trump invests in Israeli drone manufacturer Xtend amid rising geopolitical tensions.
  • The $1.5 billion deal includes a merger with Florida-based JFB Construction.
  • The investment raises concerns over potential conflicts of interest within the Trump family.
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Norwegian group blastr pursues acquisition of specialities steels UK
business Feb 19, 2026, 1:03 PM
Norwegian group blastr pursues acquisition of specialities steels UK
  • A Norwegian steel group named Blastr is negotiating to acquire Speciality Steels UK, which recently entered liquidation.
  • SSUK's insolvency poses significant challenges for over 1,000 employees and the overall UK steel industry.
  • The acquisition's success may lead to strategic changes in steel production methods within the UK.
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eBay acquires Depop for $1.2 billion to attract Gen Z market
business Feb 19, 2026, 11:23 AM
eBay acquires Depop for $1.2 billion to attract Gen Z market
  • eBay has announced the acquisition of Depop from Etsy for approximately $1.2 billion in cash.
  • Depop boasts 7 million active buyers, with nearly 90% under the age of 34, making it appealing for eBay's target youth demographic.
  • This acquisition is seen as a strategic move for eBay to enhance its growth and competitiveness in the online retail market.
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eBay acquires Depop to boost appeal among younger fashion consumers
business Feb 19, 2026, 9:45 AM
eBay acquires Depop to boost appeal among younger fashion consumers
  • Etsy is selling Depop to eBay for $1.2 billion after purchasing it for $1.6 billion in 2021.
  • The U.S. second-hand apparel market is projected to grow significantly, reflecting a shift toward sustainable fashion choices.
  • eBay's acquisition aims to strengthen its fashion sales and appeal to younger consumers.
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eBay acquires Depop for $1.2 billion to capture younger fashion market
business Feb 19, 2026, 4:55 AM
eBay acquires Depop for $1.2 billion to capture younger fashion market
  • eBay is set to purchase Depop from Etsy for $1.2 billion, enhancing its presence in the resale fashion market.
  • The acquisition aligns with rising consumer demand for sustainable clothing alternatives.
  • Experts believe this move will strengthen eBay's appeal to a younger demographic, supporting long-term growth.
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Etsy sells Depop to eBay amid market challenges
business Feb 18, 2026, 11:40 PM
Etsy sells Depop to eBay amid market challenges
  • Etsy sold Depop to eBay for $1.2 billion to refocus on its core business.
  • Depop has a significant youth consumer base, with 90% of its users under 34 years old.
  • The acquisition is expected to boost eBay's used clothing sales and attract a younger demographic.
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FCC chair supports massive Nexstar-Tegna merger
business Feb 18, 2026, 7:22 PM
FCC chair supports massive Nexstar-Tegna merger
  • Brendan Carr, the FCC chair, publicly endorsed Nexstar's acquisition of Tegna.
  • The proposed acquisition aims to create the largest regional television station operator in the U.S.
  • Nexstar seeks to consolidate resources to compete against larger tech companies and enhance local broadcasting capabilities.
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Vodafone sells significant stake in Dutch venture for one billion euros
business Feb 18, 2026, 2:59 PM
Vodafone sells significant stake in Dutch venture for one billion euros
  • Vodafone is selling its 50% stake in VodafoneZiggo to Liberty Global for one billion euros.
  • The agreement involves Vodafone gaining a 10% shareholding in the newly created Ziggo Group.
  • This transaction marks a strategic shift for Vodafone, enhancing its financial position and value creation opportunities.
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Kraken acquires Magna to bolster support for token issuers
business Feb 18, 2026, 1:00 AM
Kraken acquires Magna to bolster support for token issuers
  • Kraken acquired Magna, a platform that helps manage the distribution of tokens for crypto startups.
  • This acquisition is in line with Kraken's strategy to expand its product suite ahead of its IPO.
  • By enhancing its offerings, Kraken aims to compete effectively in the evolving cryptocurrency exchange landscape.
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Broadcom shifts focus with VMware acquisition strategy
business Feb 17, 2026, 2:38 PM
Broadcom shifts focus with VMware acquisition strategy
  • Broadcom's acquisition has resulted in users actively seeking to reduce their dependency on VMware technologies.
  • A significant shift towards public cloud IaaS services has been observed, as users evaluate alternatives to VMware.
  • Concerns regarding licensing terms and support changes raise uncertainty about the future of VMware customers.
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Warner Bros. faces urgent deadline after Netflix relinquishes exclusivity
business Feb 17, 2026, 1:00 AM
Warner Bros. faces urgent deadline after Netflix relinquishes exclusivity
  • Warner Bros. Discovery has been granted a seven-day waiver by Netflix to negotiate with Paramount Skydance.
  • The merger agreement between Warner Bros. and Netflix is valued at $72 billion, aimed at expediting a shareholder vote by April.
  • Paramount's all-cash offer poses a competitive threat, while Warner Bros. remains focused on endorsing the Netflix acquisition.
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