Mergers and Acquisitions

The newly formed auto maker, called Stellantis, to start trading Monday in Europe and Tuesday in New York.

A major restaurant franchisee is getting ready to stuff its crust with hundreds of Pizza Hut and Wendy’s locations it’s buying from their bankrupt owner.

Kim Kardashian West, known from the long-running reality TV show “Keeping Up with the Kardashians,” founded KKW Beauty in 2017 and tapped into her hundreds of millions of social media followers to sell lip gloss, body foundation and perfume.

A combination could create one of the few large gaming companies in the world with a significant online and bricks-and-mortar presence. It would follow other recent consolidation in the industry.

Founded in 2016, Wondery is one of several audio startups that blossomed in recent years as podcasting caught on with advertisers and listeners. Wondery is known for its gritty, narrative-driven podcasts that apply cinematic sound design to nonfiction stories.

Billionaire Bernard Arnault-led LVMH made the first offer late last year, but as the luxury industry slipped into a turmoil due to the COVID-19 pandemic the company backed out from its promise to close the deal.

U.S. stock indexes finish shy of records in a holiday-shortened session.

As part of the transaction's approval, Aerojet Rocketdyne's shareholders will receive a special pre-closing dividend of $5 per share in common stock and convertible senior notes in March 2021, which, unless revoked, is expected to reduce the transaction's purchase price to $51 per share. 

Big players explore acquiring rivals and going public through blank-check companies

Aphria Inc. and Tilray Inc. have agreed to merge in a deal that forms the world’s largest cannabis company.

Apple helped the Nasdaq Composite hit a fresh record.

The mergers and acquisitions boom will continue over the next few years says Goldman Sachs fueled by $61 billion waiting in the wings.

Britain’s AstraZeneca has agreed to buy U.S. drugmaker Alexion Pharmaceuticals for $39 billion in cash and shares to bolster its positions in immunology and rare diseases.

U.S. telecommunications firm AT&T Inc has agreed to sell its Crunchyroll anime business to Sony Corp’s Funimation Global Group, LLC, both companies said in a joint statement late Wednesday.

PhonePe competes with Alibaba-backed home-grown payments pioneer Paytm and Google Pay