The Acquisition
Watches of Switzerland Shares Dive as Rolex Ventures into Retail
The Watches of Switzerland Group Plc, renowned as the United Kingdom’s largest vendor of Rolex watches, faced a substantial setback on Friday following a surprising...
Roark Capital Acquires Subway in a $9.6 Billion Deal
In a significant development within the food industry, global sandwich giant Subway has officially changed hands, with the food conglomerate Roark Capital assuming ownership. The...
Microsoft Adapts Acquisition Bid for Activision Blizzard
Microsoft Corporation (MSFT) has announced a strategic overhaul of its $69 billion acquisition of Activision Blizzard Inc (ATVI) in an effort to surmount the final...
Influence of Walmart Reshapes Grocery Sector Landscape
In a significant upheaval of the grocery sector, retail giant Walmart (WMT) is solidifying its hold as the leading player, expanding its market share during...
AMC APE Shares Conversion Triggers 40% Stock Drop
AMC stock witnessed a sharp decline of nearly 40% during early trading on Monday, reflecting investor apprehensions regarding the dilution of their common stock. The...
US Steel Shares Surge Post-Declined Cleveland Cliffs Bid
United States Steel Corp. experienced a surge in premarket trading following its decision to decline a takeover offer from rival Cleveland-Cliffs Inc., a move that...
MSCI Enhances Analytics with $697M Burgiss Group Acquisition
Index provider MSCI announced on Monday its plan to complete the acquisition of the remaining 66% stake in Burgiss Group, a prominent New Jersey-based data...
Campbell Soup to Acquire Sovos Brands for $2.7 Billion, Expanding Sauce Portfolio
In a strategic move aimed at expanding its sauce portfolio and driving growth, Campbell Soup Company has announced its intention to acquire Sovos Brands, the...
Tapestry Unveils Landmark $8.5 Billion Purchase of Capri Holdings, Redefining Luxury Fashion Landscape
In a surprise announcement that reverberated throughout Wall Street, Tapestry (TPR) unveiled its ambitious plan to purchase Capri Holdings (CPRI) for a staggering $8.5 billion,...
Capitalworks Emerging Markets Acquisition Corp. Provides Update on Lexasure Group Business Combination
NEW YORK and GEORGE TOWN, Cayman Islands, May 12, 2023 /PRNewswire/ — Capitalworks Emerging Markets Acquisition Corp. (“CEMAC”) (NASDAQ: CMCA), a publicly traded special purpose acquisition company organized in the Cayman Islands to...