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FOOD BUSINESS MERGER
JioStar rolls out JAMS, betting on GenAI to reshape premium content productionJioStar, Reliance's media arm, has launched JioStar GenAI Media Studio. This platform uses artificial intelligence to create premium conten...- Himalaya Wealth Managers launches Rs 500 crore SME-focused AIF to bridge equity capital gapHimalaya Wealth Managers LLP has launched Himalaya SME Scheme-I, a Rs 500 crore AIF, to address the equity risk capital gap for high-potent...
- Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
- EBay rejects GameStop's audacious $56 billion takeover bidEBay has rejected a massive $56 billion takeover offer from GameStop. EBay cited doubts about GameStop's financing for the deal. The compan...
- What a Paramount-Warner combo would spell for HollywoodIn a bold strategic maneuver, Paramount is on the verge of finalizing an $81 billion deal to purchase Warner Bros. Discovery. This monument...
- Bain Capital sole contender for Vitabiotics buyBain Capital has emerged as the frontrunner to acquire Vitabiotics, as rival bidders TPG Capital and EQT exit the process, potentially lowe...
- Goldman Sachs shares fall 5% despite 19% YoY earnings growth amid Wall Street gloomGoldman Sachs shares dropped nearly 5% despite strong Q1 results, as geopolitical tensions and market volatility weighed on sentiment. Reve...
- Goldman Sachs posts higher profit on strength in dealmaking, equities tradingGoldman Sachs posted a rise in first-quarter profit on Monday, as the Wall Street bank benefited from strength in dealmaking and equities t...
- Unilever bets on 'super growth assets' to strengthen India playUnilever is prioritizing smaller, high-growth acquisitions in India and the US, focusing on premium and digitally native brands. This strat...
- US Stocks: Unilever, McCormick strike deal to create $65 billion food giant; shares fallUnilever will merge its food business with spice maker McCormick, it said on Tuesday, creating a company worth around $65 billion in the se...
- Why is Unilever hiving off its food business?Unilever is merging its food business with spice maker McCormick in a massive $65 billion deal. This move aims to reshape the company's foc...
- Unilever nears deal to create $60 billion food giant with spice-maker McCormick: ReportUnilever is reportedly nearing a massive $60 billion deal to merge a significant portion of its food business with McCormick & Company. Thi...
- US Stocks: US food giant Sysco strikes $29 billion deal for catering supplier Restaurant Depot; shares drop 12%Sysco said on Monday it would buy catering supplier Jetro Restaurant Depot in a $29 billion deal, including debt, expanding the top U.S. f...
- Unilever explores food business tie-up with McCormick: ReportUnilever is reportedly in discussions to merge its food division with spice maker McCormick. This potential all-stock deal could unite popu...
- Merged entity of Sapphire Foods, Devyani International likely to cross USD 1 bn annual turnover: Ravi JaipuriaA major merger is set to create a food and beverage giant in India. Sapphire Foods India and Devyani International will combine operations....
- GSK consumer MD to head residual business post HUL deal completionThe unlisted entity has brands like Sensodyne toothpaste, Crocin analgesic and Iodex pain balm. The majority of GSK Consumer’s India portfo...
- Tata Chemicals, TGBL shares jump up to 11% on food business mergerUnder the agreement, TGBL will buy the business of selling edible salt, spices, and lentils and give shares in return to TCL.
- HUL’s earnings likely to rise 4% post GSK Consumer dealHUL has invested almost Rs 3,000 crore in the foods business over the last 10 years.
- Potential merger of Zomato and Swiggy on the cards?While Zomato has proposed a stock-based merger, Bengaluru-based Swiggy is keen to acquire and operate the food delivery business of the Gur...
- Dabur to merge foods biz with FMCGDabur India to merge its subsidiary Dabur Foods with itself to consolidate its position in the FMCG space.
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