BusinessDeal

Nordstrom Family Makes Big Move: Plans to Take Company Private in $6.25 Billion Deal

2 hours ago

In a significant shift for the well-known luxury retailer, the Nordstrom family has announced an agreement to take Nordstrom Inc. private through a deal valued at $6.25 billion. This decision reflects the family's long-standing connection to the company, which they co-founded more than a century ago, and marks a pivotal moment in the retailer's history.

Delaware Regulators Green Light Significant Deal Between Capital One and Discover

4 days ago

In a pivotal move for the credit card industry, Delaware banking regulators have formally approved the deal between Capital One Financial Corp and Discover Financial Services. This decision marks a significant milestone for both financial giants as they aim to enhance their market position and expand their services.

Bankers Gear Up for $9 Billion Debt Maneuver Amid Unilever Ice Cream Sale Talks

14 days ago

In a significant turn of events for the consumer goods sector, bankers are preparing to facilitate a staggering $9 billion debt package as discussions intensify surrounding the potential sale of Unilever's ice cream division. This strategic move highlights the growing interest from investors and private equity firms in acquiring one of the world's leading ice cream businesses, known for its popular brands like Ben & Jerry's and Magnum.

New York Sun's Ambitious $550 Million Bid to Acquire Telegraph

3 months ago

The media landscape is on the brink of a major shake-up as the owner of the New York Sun inches closer to securing a massive $550 million deal to acquire the UK-based Telegraph Group. The ambitious acquisition plan underscores a significant move towards consolidating influential media entities under a single umbrella, marking a new chapter for both the New York Sun and the Telegraph.