French private equity firm L Catterton reportedly approached toymaker Mattel with an offer to acquire it, according to several sources quoted by Reuters.
Deals
Spanish-Owned Shipbuilding Company to Revive Titanic Builder, Providing 1,000 Jobs
Harland and Wolff, the shipbuilder behind the Titanic, is set to be acquired by Spain's Navantia after going bankrupt, potentially safeguarding 1,000 jobs and supporting UK naval projects.
The Onion Buys Conspiracy Theory and Fake News Website Infowars, Backed by Sandy Hook Families
The Onion acquires Infowars at a bankruptcy auction, planning to relaunch it as a satire of the conspiracy theories it once promoted, with support from Sandy Hook families.
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic and Wegovy Cost Up to 13 Times More in the US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
Bill Ackman's Firm Pershing Square Postpones Public Listing
Billionaire investor Bill Ackman’s firm Pershing Square announced that it was postponing its initial public offering, saying that there was an ‘enormous sensitivity’ to the size of the transaction.
Latest News
The Aurea Group and several investors are expected to acquire The Body Shop after it announced its bankruptcy earlier this year.
The first day of Amazon's Prime Day event in the U.S. saw $7.2 billion in online sales, surpassing expectations and marking an 11.3% increase from the previous year.
The board of the department store Macy’s unanimously decided to terminate its negotiations with Arkhouse Management and Brigade Capital regarding the group’s proposal to acquire the retailer.
Chinese carbon bicycle technology manufacturer XDS confirmed Monday (July 15) that it will invest in the professional cycling team Astana Qazaqstan.
Redbox's DVD rental kiosks shut down permanently after parent firm Chicken Soup for the Soul Entertainment changed its Chapter 11 bankruptcy petition to Chapter 7 liquidation.
Elon Musk promises to reinstate Disney+ in Tesla vehicles if Disney resumes advertising on his social media platform, X.
The near-complete fossilized remains of a 161-million-year-old stegosaurus named "Apex" will be auctioned at Sotheby's annual Geek Week series. The estimated sale price is between $4 million and $6 million.
As UK IPOs declined, the Financial Conduct Authority (FCA) has proposed new regulations for stock market listings.
Delta Air Lines and startup Riyadh Air have entered into a partnership to connect the US and Saudi Arabia with regularly operated flights.
