The Los Angeles Post
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Today: March 26, 2025
Today: March 26, 2025
Abigail Summerville

Abigail Summerville

Staff Writer

Latest From Abigail Summerville

Asia|Business|Economy

Couche-Tard could lift $47 billion offer for Seven & i if Japanese firm cooperates

Alimentation Couche-Tard could bolster its $47-billion offer for Seven & i if the Japanese firm became more cooperative and revealed

Couche-Tard could lift $47 billion offer for Seven & i if Japanese firm cooperates
Americas|Asia|Business|Economy

Couche-Tard rejects Seven & i's antitrust concerns over $47 billion takeover bid

Canada's Alimentation Couche-Tard on Tuesday said it is confident there is a "clear path" to overcome U.S. regulatory hurdles in its proposed $

Couche-Tard rejects Seven & i's antitrust concerns over $47 billion takeover bid
Asia|Business|Economy|Finance|Political|US

Japan firms must get used to reverse break-up fees as Nippon Steel's $565 million penalty looms

Japanese suitors face a heightened chance of U.S. targets baking in hefty termination fees to protect against a deal

Japan firms must get used to reverse break-up fees as Nippon Steel's $565 million penalty looms
Business|Finance|Stock Markets|US

Walgreens to be taken private by Sycamore in $10 billion deal

Walgreens Boots Alliance will be taken private by Sycamore Partners for $10 billion, the firms said on Thursday, closing out nearly a

Walgreens to be taken private by Sycamore in $10 billion deal
Business|Economy|Finance|Stock Markets|US

Dealmakers in wait and see mode, expect M&A pace to pick up later in 2025

Facing unexpected market volatility and geopolitical uncertainties, normally optimistic dealmakers are sounding a

Dealmakers in wait and see mode, expect M&A pace to pick up later in 2025
Business|Economy|Finance|Political|US

Trump policies cast chill on Wall Street dealmaking

A private equity firm in early talks to buy a small U.S. snack food maker and merge it with a Canadian rival was

Trump policies cast chill on Wall Street dealmaking
Business|Finance|US

Citi's consumer and retail M&A head Finkelstein to leave bank, sources say

David Finkelstein, a veteran investment banker who heads Citigroup's global consumer and retail mergers and acquisitions unit, is leaving the bank, people

Citi's consumer and retail M&A head Finkelstein to leave bank, sources say
Business|Economy|Food|US

Shoppers turn to smaller food brands, cutting into Unilever, P&G profits

Big Food's worst nightmare is unfolding across U.S. supermarket aisles.

Shoppers turn to smaller food brands, cutting into Unilever, P&G profits
Business|Economy|Finance|Food|US

Just Salad raises new funding at $1 billion valuation

Just Salad raised $200 million in funding from an investor group led by Wellington Management, in a deal that valued the restaurant chain at about $1

Business|Finance|Stock Markets|US

Buyout firms vie for discount retailer Family Dollar, sources say

Private equity firms Apollo Global Management and Sycamore Partners are among the bidders who are competing to acquire Family Dollar, a discount retail

Buyout firms vie for discount retailer Family Dollar, sources say
Business|Celebrity|Economy|Entertainment|Food

Restaurant chain Dave's Hot Chicken explores sale, sources say

Dave’s Hot Chicken, which counts rapper Drake among its investors, is exploring a potential sale that could value the popular restaurant chain at about $1

Restaurant chain Dave's Hot Chicken explores sale, sources say
Business|Economy|Finance|Stock Markets|Technology|US

Wall Street closes lower on trade war escalation, weak data

All three U.S. stock indexes closed lower on Friday after President Donald Trump said he plans to announce reciprocal tariffs on many countries

Wall Street closes lower on trade war escalation, weak data
Business|Economy|US

C&S Wholesale Grocers nears deal to buy Winn-Dixie stores, sources say

A group led by C&S Wholesale Grocers is closing in on a deal to buy nearly 350 Winn-Dixie grocery and liquor stores from German discount chain Aldi's U.S.

C&S Wholesale Grocers nears deal to buy Winn-Dixie stores, sources say
Business|Economy|Europe

Pernod Ricard considers sale of Mumm champagne, sources say

Pernod Ricard is exploring a sale of its champagne brand G.H.

Pernod Ricard considers sale of Mumm champagne, sources say
Business|Economy|Finance|Stock Markets|US

Wall Street ends mixed in choppy trading; Amazon, jobs report in focus

The S&P 500 and the Nasdaq ended higher while the Dow closed lower after a choppy trading session on Thursday, as investors sifted through earnings

Wall Street ends mixed in choppy trading; Amazon, jobs report in focus
Business|Finance|Stock Markets|Technology|US

Wall St ends higher as investors digest earnings, rate cut prospects

All three major stock indexes closed higher on Wednesday, rebounding from declines earlier in the session as investors brushed off disappointing

Wall St ends higher as investors digest earnings, rate cut prospects
Asia|Business|Economy|Finance|Political|Stock Markets|US

Wall Street rises on US-China trade optimism, energy boost

The three major stock indexes closed higher on Tuesday, aided by energy stocks, while investors saw reason for optimism for a trade breakthrough

Wall Street rises on US-China trade optimism, energy boost
Business|Economy|Finance|Political|Stock Markets|US

Wall Street closes down, pares losses after Trump delays Mexico tariffs

The major stock indexes closed lower on Monday, but partly recovered from initial steeper losses as U.S.

Wall Street closes down, pares losses after Trump delays Mexico tariffs
Business|Economy|Finance|US

US car wash operator Spotless Brands explores sale, sources say

The owners of Spotless Brands are exploring a sale that could value the U.S. car wash operator at nearly $3 billion including debt, according to four

US car wash operator Spotless Brands explores sale, sources say
Business|Finance|Sports|US

Exclusive-Bain eyes Varsity Brands cash-out at $6 billion-plus valuation -sources

Bain Capital is exploring a sale or initial public offering (IPO) of Varsity Brands that could value the U.S. maker of sports uniforms and school yearbooks at more

Exclusive-Bain eyes Varsity Brands cash-out at $6 billion-plus valuation -sources
Business|Finance

Hometown Food Company, maker of Pillsbury baking products, up for sale-sources

The private equity firm that owns Hometown Food Company is exploring a sale of the maker of Pillsbury's shelf-stable baking products and Birch Benders, according to

Business|Finance

Quick Quack Car Wash explores minority stake sale, sources say

Quick Quack Car Wash is exploring the sale of a minority stake that could value one of the largest car wash chains in the United States at more than $3 billion,

Business|Finance|Stock Markets|US

Children's Place eyes $130 million in new debt after Saudi family swoop

The Children's Place said on Friday it had received an offer for a $130 million loan that could help it stay afloat, after the ailing U.S. retailer announced earlier

Business|Finance

Razor maker Harry's files for IPO, sources say

Harry's Inc, a maker of razors and other grooming and personal care products that was valued at $1.7 billion in a private fundraising round in 2021,

Business|Finance

Chosen Foods' owner explores sale of avocado-based food products maker, sources say

The private equity owner of Chosen Foods is preparing to explore a sale that could value the avocado-based food products company at around $600 million or

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