Today: September 08, 2024
Today: September 08, 2024

Latest From Abigail Summerville

Business|Finance

Family-owned Tropical Cheese is exploring a sale, sources say

The family behind Tropical Cheese Industries is exploring a sale of the Hispanic dairy products maker that could value it at over $500 million, according to

Family-owned Tropical Cheese is exploring a sale, sources say
Business|Finance

Meritage explores $2 billion sale of Columbia Distributing, sources say

Investment firm Meritage Group is exploring the potential sale of Columbia Distributing that could value the U.S. beverage distributor at about $2 billion,

Economy|Finance|Stock Markets

Indexes end higher as retail sales soothe slowdown fears

Wall Street's main indexes closed higher on Thursday, with the Nasdaq rising more than 2% after July U.S. retail sales data signaled resilient consumer spending,

Business|Economy|Finance|Stock Markets

Wall St mixed ahead of economic data; CPI in focus

Wall Street stocks closed mixed on Monday as investors braced for a slew of U.S. economic data this week, especially consumer prices, to gauge the outlook for Federal

Business|Economy|Finance|Stock Markets

Wall Street ends higher as softer producer prices data boosts rate-cut bets

U.S. indexes closed up on Tuesday and hit a near two-week high after softer producer prices data reinforced bets of an interest-rate cut by the Federal Reserve in

Business|Finance|Stock Markets

Les Schwab Tire's owner explores sale valuing it at over $7 billion, sources say

The investment firm that owns Les Schwab Tire Centers is exploring options including a sale of the tire retail chain that could value it at more than $7

Business|Finance

Mars' mulled deal for Kellanova should withstand regulatory scrutiny

Mars' contemplated acquisition of U.S. snack maker Kellanova stands a good chance of getting past global antitrust regulators, legal experts say, even as it touches

Mars' mulled deal for Kellanova should withstand regulatory scrutiny
Business|Finance

CD&R explores sale of American Greetings, sources say

Private equity firm Clayton, Dubilier & Rice (CD&R) is exploring options including a sale of American Greetings that could value the 118-year-old greeting

Americas|News

Smucker seeks to divest cookie brand Voortman, sources say

J.M.

Smucker seeks to divest cookie brand Voortman, sources say
Business|Finance

Pondera seeks to cash out of Whisker at $1 billion valuation, sources say

Investment firm Pondera Holdings is exploring options for Whisker, including a sale of its controlling stake that could value the maker of self-cleaning cat

Business|Economy|Sports

KKR to buy Varsity Brands from Bain Capital for $4.75 billion, sources say

Private equity firm KKR & Co agreed to acquire Varsity Brands, a U.S. maker of sports uniforms and school yearbooks, from buyout firm Bain Capital for about $4.75

KKR to buy Varsity Brands from Bain Capital for $4.75 billion, sources say
Economy

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

Economy

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,

Economy

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

Economy

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

Business|Food|News

Private equity owner of Sauer Brands explores sale of condiments maker, sources say

The private equity owner of Sauer Brands is exploring a sale of the 137-year-old maker of condiments and spices that could value it at more than $1 billion,

Business|Economy

GSM Outdoors' owner explores sale of hunting gear maker, sources say

The private equity owner of Good Sportsman Marketing Outdoors is exploring a sale of the hunting and fishing gear maker that could value it at about $1.5

Business|Health|Lifestyle

Pilates chain Solidcore explores sale, sources say

Pilates studio operator Solidcore is exploring options including a potential sale that could value the fitness chain at more than $750 million, including

Business|Economy|Food

Family owners of Badia Spices explore $1.2 billion-plus sale, sources say

The family behind Badia Spices is exploring a sale of the Hispanic food company that could value it at over $1.2 billion, including debt, according to sources

Business|Entertainment|Food|Health

Katy Perry-backed food products firm Bragg explores sale, sources say

Bragg Live Food Products, which is backed by celebrities Katy Perry and Orlando Bloom, is exploring a sale that could value the maker of apple cider vinegar

Katy Perry-backed food products firm Bragg explores sale, sources say
Business

Kitchen sponge maker Scrub Daddy explores sale, sources say

Scrub Daddy, the kitchen sponge maker that gained popularity after securing an investment on U.S.

Kitchen sponge maker Scrub Daddy explores sale, sources say
Business

Blackstone eyes sale of Victor Allen's coffee owner Trilliant, sources say

Private equity firm Blackstone is considering a sale of Trilliant Food & Nutrition that could value the U.S. company behind the Victor Allen's and Aspen Ridge coffee

Blackstone eyes sale of Victor Allen's coffee owner Trilliant, sources say
Business

Exclusive-Flynn Group, world's largest franchisee, explores $5 billion-plus sale -sources

Flynn Group, the world's largest franchisee operator of restaurants and fitness clubs, is exploring a majority stake sale that could value it at more than $5 billion

Exclusive-Flynn Group, world's largest franchisee, explores $5 billion-plus sale -sources
Business

Roland Foods explores $700 million-plus sale, sources say

Private equity-backed Roland Foods is exploring a sale that could value the specialty food provider at $700 million or more, including debt, people familiar with the

Roland Foods explores $700 million-plus sale, sources say
Business

Exclusive-Restaurant chain Chuck E. Cheese explores sale-sources

Chuck E.

Exclusive-Restaurant chain Chuck E. Cheese explores sale-sources

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