The Los Angeles Post
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Today: March 30, 2025
Today: March 30, 2025
Abigail Summerville

Abigail Summerville

Staff Writer

Latest From Abigail Summerville

Business|Economy|Finance

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|Celebrity|Entertainment

Hard kombucha brewer JuneShine explores sale -sources

Kombucha beverage brewer JuneShine, which counts celebrities like comedian Whitney Cummings and YouTube star Cody Ko among its investors, is exploring a

Hard kombucha brewer JuneShine explores sale -sources
Business|Finance

Carlyle to explore sale of men's grooming brand Every Man Jack -sources

Carlyle Group is preparing to explore a sale of Every Man Jack, a men's personal-care company that could be worth around $400 million, according to people

Carlyle to explore sale of men's grooming brand Every Man Jack -sources
Business|Sports|US

Football helmet-maker Riddell explores sale

U.S. maker of football helmets and gear Riddell is exploring a sale, the company told Reuters, in a deal that could value it at around $800 million, people familiar

Football helmet-maker Riddell explores sale
Business|Finance|US

Analysis-Lowball bid could spur Macy's to look for better options

The investment firms that lobbed in a $5.8 billion acquisition offer for Macy's Inc are unlikely to clinch a deal but may be successful in getting the U.S.

Analysis-Lowball bid could spur Macy's to look for better options
Business|Economy|Finance|News|US

Lawmakers call on U.S. regulator to thwart Kroger-Albertsons deal

Six U.S. lawmakers wrote to the Federal Trade Commission (FTC) on Monday expressing their opposition to the proposed $24.6-billion acquisition of grocery

Lawmakers call on U.S. regulator to thwart Kroger-Albertsons deal
Celebrity

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

Chuck E.

Exclusive-Restaurant chain Chuck E. Cheese explores sale-sources
Business|Finance|Food

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|Economy|Finance|US

Explainer-Why retail has lost its sparkle for private equity firms

Private equity firms made billions of dollars betting on major U.S. retailers, clothing and accessories and restaurant chains, reshaping the consumer sector

Explainer-Why retail has lost its sparkle for private equity firms
Business|Finance

Exclusive-Macy's opens its books in company sale talks, sources say

Macy's Inc has agreed to open its books to Arkhouse and Brigade Capital, people familiar with the matter said, a potential

Exclusive-Macy's opens its books in company sale talks, sources say
Business|Economy|Finance

Nordstrom, Macy's deals could put private ownership back in vogue for US retailers

America's biggest publicly traded department store chains could be set for private-equity or hedge-funds ownership, dramatically

Nordstrom, Macy's deals could put private ownership back in vogue for US retailers
Business|Economy|Finance|Food|US

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|Finance

Morgan Stanley consumer IPO banker Passi leaving the bank, sources say

Morgan Stanley's North America head of consumer and retail equity capital markets (ECM) Tilli Dias Passi will leave the bank, according to

Morgan Stanley consumer IPO banker Passi leaving the bank, sources say
News|US

US sues to block merger of Coach and Michael Kors handbag makers

The U.S.

US sues to block merger of Coach and Michael Kors handbag makers
Business|Finance|Food

Exclusive-General Mills explores sale of $2 billion-plus yogurt business in North America, sources say

General Mills, the maker of Cocoa Puffs and Cheerios breakfast cereals, is exploring a sale of its North America yogurt business including its popular

Exclusive-General Mills explores sale of $2 billion-plus yogurt business in North America, sources say
Business|Economy|Finance|US

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|Finance

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|Education|Finance

Buyout firm Roark explores sale of Primrose Schools, sources say

Private equity firm Roark Capital is exploring a sale of Primrose Schools that could value the U.S. education franchise at nearly $2 billion, including debt

Buyout firm Roark explores sale of Primrose Schools, sources say
Business|Finance|Stock Markets|US

Nasdaq closes above 17,000; S&P 500 slightly higher, Dow down

The Nasdaq crossed 17,000 for the first time ever on Tuesday, boosted by gains in Nvidia, while the S&P 500 closed barely higher and the Dow ended lower as

Nasdaq closes above 17,000; S&P 500 slightly higher, Dow down
Business|Economy|Finance|Stock Markets|US

Wall Street ends lower amid rate concerns, higher bond yields

U.S. stocks fell on Wednesday amid further gains in Treasury yields and concern over the timing and scale of possible interest rate cuts from the Federal

Wall Street ends lower amid rate concerns, higher bond yields
Business|Finance|Stock Markets|Technology|US

Nasdaq falls 1%; Salesforce shares weigh on tech

U.S. stocks ended lower on Thursday, with the Nasdaq falling more than 1% and technology shares leading declines after a disappointing Salesforce forecast.

Nasdaq falls 1%; Salesforce shares weigh on tech
Business|Finance|Stock Markets|US

Dow has best daily gain for year; indexes up sharply for May

The Dow and S&P 500 ended higher on Friday and the Dow registered its biggest daily percentage gain since November 2023 as month-end repositioning drove a

Dow has best daily gain for year; indexes up sharply for May
Business|Lifestyle|Sports

New Era Cap to acquire '47 in lifestyle brand tie-up, sources say

New Era Cap, a supplier of major U.S. sports league headware, has agreed to acquire sports lifestyle brand '47, people familiar with the matter said on Thursday.

New Era Cap to acquire '47 in lifestyle brand tie-up, sources say
Finance|Food|Technology|US

Doordash held talks with UK's Deliveroo on takeover, sources say

U.S. meal delivery group Doordash flagged an interest in a takeover of Britain's Deliveroo last month, two people familiar with the matter

Doordash held talks with UK's Deliveroo on takeover, sources say
Business|Finance

KKR to buy $850-million stake in Quick Quack Car Wash

KKR & Co has agreed to buy a "significant" minority stake in Quick Quack Car Wash, the investment firm told Reuters on Tuesday and sources

KKR to buy $850-million stake in Quick Quack Car Wash

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