M&A

M&A

Acquisition Could See Cheez-It and Pringles Owner Make a Mars Landing

Photo by Abir Hiranandani via Unsplash

Kellanova popped 16% on the NYSE following a Reuters report that said it’s an acquisition target for privately-held confectionary giant Mars

1 min read

Photo via Connor Lin / The Daily Upside

Advisor Upside

Janney Montgomery Scott Sold in Major PE Deal

Janney will be sold from the Penn Mutual Life Insurance Company, marking another major equity deal in a busy year for the industry.

1 min read
Photo by Ant Rozetsky via Unsplash

M&A

Cleveland-Cliffs to Buy Canadian Steelmaker for $2.8 Billion

Steel giant Cleveland-Cliffs announced Monday that it will buy Canada’s Stelco Holdings for C$3.85 billion ($2.8 billion).

1 min read
Photo by NoDerog via iStock

M&A

Saks-Neiman Marcus Merger Lures Amazon, Salesforce Into Luxury

The owner of Saks Fifth Avenue reached a deal to acquire rival Neiman Marcus for $2.65 billion, the companies announced Thursday.

2 min read

M&A

Parts and Reputation: Boeing to Buy Supplier After Quality Control Issues

Photo by Dan Bennett via CC BY 2.0

Boeing has agreed to buy one of its biggest suppliers, Spirit AeroSystems, for $4.7 billion, about 20 years after selling it.

2 min read

Photo by Jeff W via Unsplash

Energy

Oil Executives Predict US Production Dip If Acquisition Spree Continues

A quarterly survey by the Federal Reserve Bank of Dallas polls around 140 energy firm executives in Texas, Louisiana, and New Mexico.

1 min read
Photo by Jérémy Barande, Ecole Polytechnique Université Paris-Saclay via CC BY-SA 2.0

M&A

LVMH Clocks in With L’Epée 1839 Acquisition as CEO Takes Surprise Stake in Rival

LVMH Moët Hennessy Louis Vuitton acquired Spiza, the parent of high-end Swiss watchmaker L’Epée 1839, on Monday.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Rawpixel and Zlatko Plamenov via Freepik

Media & Entertainment

Can a Paramount Sale Break the Mold of Media Mergers?

Just what, exactly, would Sony and Apollo Global Management be getting out of a Paramount Global acquisition?

6 min read

M&A

Dealmaking Is Coming Back — With or Without Fed Rate Cuts

Photo by Yusuke Kawasaki via CC BY 2.0

Dealmaking-related revenue at a handful of major investment banks collectively rose 27% year-over-year in the first quarter.

2 min read

Industries

Economic Slowdown Isn’t Hurting Law Firm Bonuses

Photo by Tingey Injury Law Firm via Unsplash

As 2023 wound to a close, major law firms across the US doled out hefty bonuses and annual raises, according to the Financial Times.

1 min read

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