Business

  • 31.08.2020
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Michael Kors Is Close to Buying Versace for $2 Billion

Deal may be announced this week valuing Versace at $2 billion Versace had drawn takeover interest from a number of suitors

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  • 31.08.2020
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Canada's Barrick Gold to buy Randgold for $6.5 billion

Canada’s Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world’s largest gold producer in an i...

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  • 31.08.2020
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(Updated) Michael Kors Buys Fashion Label Versace for $2.2 Billion

Kors changes name to Capri as it becomes a house of brands. Donatella Versace will continue to lead creative direction.

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  • 31.08.2020
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Arby's owner to buy drive-in chain Sonic for $1.57 billion

Arby’s-owner Inspire Brands Inc said on Tuesday it would buy Sonic Corp for about $1.57 billion in cash, adding more than 3,600 drive-in restaurants to its portfolio that includes brands suc...

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  • 31.08.2020
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Canada's Husky Energy offers to buy MEG Energy in $5 billion deal

Canadian oil and gas producer Husky Energy Inc (HSE.TO) said on Sunday it has made an unsolicited bid to acquire rival MEG Energy Corp in a deal valued at C$6.4 billion ($5 billion) includin...

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  • 31.08.2020
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Danone sells U.S. organic salad business to Taylor Farms

French food group Danone said on Friday it had signed a definitive agreement for the sale of Earthbound Farms, its U.S. organic salad business, to California-based Taylor Farms.

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  • 31.08.2020
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Hilton to double hotels in Africa in next five years: CEO

Hilton Worldwide Holdings plans to more than double its hotels in Africa in the next five years by mainly striking deals with existing hotels for conversion into its brand, its chief executi...

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  • 31.08.2020
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Chevron to buy Anadarko for $33 billion in shale push

Chevron Corp unveiled a $33 billion takeover of Anadarko Petroleum Corp on Friday, bolstering its position in shale oil and liquid natural gas production with the biggest industry merger sin...

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  • 31.08.2020
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Murdoch's Fox Corp to buy fintech Credible Labs in $397 million deal

U.S. broadcaster Fox Corp. on Monday agreed to buy Credible Labs Inc. in a deal valuing the online finance broker at $397 million, as the Murdoch-controlled firm hunts for growth following t...

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  • 31.08.2020
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Mastercard to buy part of payments company Nets for $3.19 billion

Payments processor Mastercard Inc (MA.N) said on Tuesday it would buy a majority of the corporate services businesses of Scandinavian payments group Nets for about 2.85 billion euros($3.19 b...

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  • 31.08.2020
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Salesforce to buy Israel's ClickSoftware for $1.35 billion

U.S. cloud-based service provider Salesforce (CRM.N) agreed to buy U.S.-Israeli software developer ClickSoftware for $1.35 billion in cash and shares, in a bid to accelerate growth of its cl...

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  • 31.08.2020
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Barrick Gold plans to sell Tongon gold mine in Ivory Coast - BBG

Barrick Gold Corp. is looking to sell its Tongon gold mine in the Ivory Coast and is working with Bank of Nova Scotia to identify buyers, Bloomberg said here on Thursday.

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  • 31.08.2020
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Broadcom to buy Symantec's enterprise unit for $10.7 billion in software push

Chipmaker Broadcom Inc said on Thursday it will buy antivirus software maker Symantec Corp’s enterprise security unit for $10.7 billion in cash to scale up its software business through deal...

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  • 31.08.2020
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China's BAIC buys 5% Daimler stake to cement alliance

China’s Beijing Automotive Group Co Ltd (BAIC) has bought a 5% stake in Daimler (DAIGn.DE), cementing their long-standing alliance after China’s Geely emerged as a potential rival by also ta...

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  • 31.08.2020
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Amazon in talks to buy stake in India's Reliance Retail

Amazon.com Inc. is in talks with Reliance Industries Ltd’s retail unit to buy a stake in India’s biggest brick-and-mortar retailer, two sources with knowledge of the talks told Reuters on Fr...

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  • 31.08.2020
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China's Geely building new plant to make 250,000 bigger-sized cars: sources

China’s Geely is building a new plant to produce a quarter of a million bigger-sized cars that will help meet a goal of selling more than 2 million vehicles by 2020 and power its growth, two...

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Carlsberg to expand France brewery, its largest in Europe

Carlsberg said on Wednesday it will increase capacity its Kronenbourg brewery in Obernai, France, its largest in Europe, with a 100 million euro ($117 million) investment.

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  • 31.08.2020
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Coca-Cola takes plunge into coffee with $5.1 billion Costa deal

Coca-Cola Co has agreed to buy coffee chain Costa for $5.1 billion to extend its push into healthier drinks and take on the likes of Starbucks and Nestle in the booming global coffee market.

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  • 31.08.2020
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Amazon joins $1 trillion club, on pace to overtake Apple

Amazon.com Inc on Tuesday joined Apple Inc to become the second $1 trillion publicly listed U.S. company after its stock price more than doubled in a year as it grew rapidly in retail and cl...

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  • 31.08.2020
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Japan's Renesas to buy U.S. chipmaker IDT for $6.7 billion

Japanese chipmaker Renesas Electronics Corp said on Tuesday it had agreed to buy U.S. peer Integrated Device Technology Inc for about $6.7 billion, aiming to boost its expertise in self-driv...

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