The Los Angeles Post
U.S. World Business Lifestyle
Today: March 30, 2025
Today: March 30, 2025
Abigail Summerville

Abigail Summerville

Staff Writer

Latest From Abigail Summerville

Business|Finance|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|Celebrity|Finance

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|Economy|Finance|Technology

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|Finance|US

Exclusive-Nordstrom's founding family in new bid to take U.S. retailer private, sources say

The founding family behind Nordstrom Inc is seeking to take the U.S. department store operator private, six years after a similar

Exclusive-Nordstrom's founding family in new bid to take U.S. retailer private, sources say
Business|Economy|Finance

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|Finance

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
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

News|US

Smucker seeks to divest cookie brand Voortman, sources say

J.M.

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

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

Economy|Finance|US

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|US

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|Economy|Finance|Stock Markets|US

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|US

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|US

Mars to buy Pringles maker Kellanova for $36 billion in 2024's biggest deal

Family-owned candy giant Mars is buying Cheez-It maker Kellanova in a nearly $36 billion deal, bringing

Mars to buy Pringles maker Kellanova for $36 billion in 2024's biggest deal
Business|Economy|Finance|News|Stock Markets|US

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|Finance|Stock Markets

Advance Auto Parts sells Worldpac unit to Carlyle Group for $1.5 billion, cuts forecast

Advance Auto Parts said on Thursday it would sell its Worldpac unit for $1.5 billion as part of its latest attempt at streamlining operations, but

Advance Auto Parts sells Worldpac unit to Carlyle Group for $1.5 billion, cuts forecast
Business|Finance|Stock Markets|US

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,

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|News|US

FTC may probe potential Seven & i, Couche-Tard deal, sources say

U.S. antitrust regulators have told Seven & i it may probe a potential deal with Canada's Alimentation Couche-Tard, two sources familiar with the matter said

FTC may probe potential Seven & i, Couche-Tard deal, sources say
Business|Finance|US

Arko mulls sale of convenience store operations in reversal of strategy, sources say

Store operator Arko is planning to divest its convenience store operations in a deal that could be valued at around $2 billion, as it looks to abandon a

Arko mulls sale of convenience store operations in reversal of strategy, sources say
Business|Finance|Stock Markets

Morgan Stanley's private equity arm explores sale of HVAC firm Sila, sources say

Morgan Stanley's middle-market buyout arm is exploring a sale of Sila Services that could value the residential services company at about $1.5 billion,

Morgan Stanley's private equity arm explores sale of HVAC firm Sila, sources say
Business|Finance|US

Vista Outdoor strikes deal to sell itself in two parts for $3.4 billion

Vista Outdoor on Friday agreed to sell itself in parts to two separate buyers for a total of $3.35 billion, including debt, after fending

Vista Outdoor strikes deal to sell itself in two parts for $3.4 billion
Business|Finance|US

Citi hires Davis from Wells Fargo as head of growth equity for North America

Citigroup has hired equity capital markets banker Cully Davis from Wells Fargo as the head of its growth equity unit in North America, according to a memo

Citi hires Davis from Wells Fargo as head of growth equity for North America
Americas|Business|Finance

JBS, Sigma vie for Kraft Heinz's $3 billion hot-dog business, sources say

Brazilian meatpacker JBS and Mexico's Sigma Alimentos are among those competing to acquire Oscar Mayer, the hot dogs and cold cuts business of packaged food

JBS, Sigma vie for Kraft Heinz's $3 billion hot-dog business, sources say
Business|Economy|Finance|Stock Markets|US

Wall Street closes higher ahead of megacap earnings, election

Wall Street closed higher on Monday ahead of a packed week of earnings from megacap companies and the final stretch before the Nov. 5 presidential election, while

Wall Street closes higher ahead of megacap earnings, election

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