M&A

Energy

US Coal Miners Arch and Consol to Combine Into $5.2 Billion Giant

Photo by Elimende Inagella via Unsplash

Arch Resources and Consol Energy announced plans for a merger to create a new $5.2 billion coal giant called Core Natural Resources.

1 min read
Consumer

Mars Scores Biggest Acquisition Ever with Pringles Maker

Photo by Mike Mozart via CC BY 2.0

Mars announced on Wednesday that it has agreed to buy snack maker Kellanova, a spin-off from Kellogg’s, for a mouth-watering $35.9 billion.

1 min read
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
M&A

Cleveland-Cliffs to Buy Canadian Steelmaker for $2.8 Billion

Photo by Ant Rozetsky via Unsplash

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
M&A

Saks-Neiman Marcus Merger Lures Amazon, Salesforce Into Luxury

Photo by NoDerog via iStock

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
Energy

Oil Executives Predict US Production Dip If Acquisition Spree Continues

Photo by Jeff W via Unsplash

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
M&A

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

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

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

2 min read
Energy

ConocoPhillips Acquires Marathon Oil in $22 Billion Deal

Photo by Eli Pousson via CC0 1.0

The deal provides increased operations both outside of and within the highly desirably Permian Basin oil fields of Western Texas.

1 min read