BrewDog Owners Seek Investors as Beer Giant Considers Sale
Craft beer brand BrewDog has initiated a process to evaluate new investment, potentially leading to a sale, as it focuses on its core beer business after ending spirits production.
Category : Acquisitions
BrewDog Could Be Broken Up as Sale Process Begins
Craft beer giant BrewDog has appointed consultants AlixPartners to oversee a sale process, potentially leading to the breakup of the company. The Scotland-based brewer is evaluating investment options amid economic challenges.
Ferrero Rocher Billionaire Heiress Maria Franca Ferrero Dies
Maria Franca Ferrero, widow of Nutella inventor Michele Ferrero and one of Italy's wealthiest women, has passed away at 87 in her Alba home.
DP World Chairman Ousted Over Epstein Email Scandal
DP World, owner of P&O Ferries, has removed its chairman Sultan Ahmed bin Sulayem after emails with Jeffrey Epstein were released, appointing Essa Kazim as new chairman.
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DP World Chairman Steps Down After Epstein Messages Exposed
Sultan Ahmed bin Sulayem has resigned as chairman of DP World after emails with Jeffrey Epstein were published. The Dubai-based logistics giant operates P&O Ferries and UK ports.
DP World Chairman Replaced After Epstein Email Links
Dubai has appointed a new chairman for logistics giant DP World, replacing Sultan Ahmed bin Sulayem, whose emails with Jeffrey Epstein were recently released.
DP World CEO Leaves Over Epstein Email Scandal
Sultan Ahmed bin Sulayem has departed as chair and CEO of DP World, owner of P&O Ferries, following intense pressure over his email communications with convicted sex offender Jeffrey Epstein.
DP World Chairman Ousted Over Epstein Messages
Dubai-based logistics giant DP World has replaced its chairman Sultan Ahmed bin Sulayem following the release of messages with Jeffrey Epstein. The firm owns P&O Ferries and operates UK ports.
CK Hutchison Warns of Legal Action Over Panama Ports
Hong Kong's CK Hutchison Holdings escalates its dispute with Danish logistics giant A.P. Moller-Maersk over the operation of two critical Panama Canal ports, threatening legal recourse amid geopolitical tensions.
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Schroders' £9.9bn Sale to Nuveen Ends LSE Listing
The historic UK investment manager Schroders will be delisted from the London Stock Exchange after agreeing to a £9.9 billion takeover by US rival Nuveen, creating a global investment giant.
Nuveen Acquires Schroders in £9.9bn Takeover Deal
US investment management firm Nuveen has agreed to a £9.9 billion takeover of British rival Schroders, creating a global asset management powerhouse overseeing nearly $2.5 trillion in assets.
Ben & Jerry's Owner Dismisses Dispute as 'Noise'
The Magnum Ice Cream Company reports a 49% drop in net profit but insists the Ben & Jerry's governance row has no impact on its business strategy.
Schroders £9.9bn Takeover Ends 200-Year Family Ownership
British asset manager Schroders agrees a £9.9bn takeover by US investor Nuveen, creating a global giant with $2.5tn in assets and ending two centuries of family control.
Schroders Agrees to £9.9bn Takeover by US Giant Nuveen
British investment firm Schroders has agreed to a £9.9 billion takeover by US giant Nuveen, creating a global asset management powerhouse overseeing nearly $2.5 trillion in assets.
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Schroders Agrees to £9.9bn Takeover by Nuveen
British asset manager Schroders has agreed to a £9.9 billion takeover by US investment firm Nuveen, creating a global giant with nearly $2.5 trillion in assets under management.
Court TV Layoffs After Law & Crime Acquisition
Dozens of Court TV staff face job losses following its sale to rival Law & Crime Network, with only about a dozen employees expected to remain after the takeover.
Heineken to Cut Up to 6,000 Jobs as Beer Sales Decline
Heineken plans to eliminate up to 6,000 positions globally over two years due to challenging market conditions and a significant slump in beer consumption, particularly in the United States.
Colorado Amusement Park Files Bankruptcy After $205m Death Lawsuit
Glenwood Caverns Adventure Park in Colorado has filed for Chapter 11 bankruptcy following a wrongful-death lawsuit over a six-year-old's fatal fall from a ride in 2021.
Kraft Heinz Pauses Split Plan, Invests $600M in Growth
Kraft Heinz has suspended its plan to divide into two separate companies, opting instead to invest $600 million in marketing and product development to drive profitable growth.
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Dutch Court Orders Probe Into Nexperia, Upholds CEO Suspension
A Dutch court has ordered a formal investigation into semiconductor chipmaker Nexperia and upheld the suspension of its Chinese CEO, citing mismanagement and conflict of interest concerns.
Bamboo toothbrush entrepreneur loses case over misuse of funds
Sophie Perhar's bamboo toothbrush company collapsed after a High Court judge ruled she used business funds to pay her children's boarding school fees and other personal expenses.
Bamboo Toothbrush Boss Loses Firm After Misusing Business Funds
Sophie Perhar's sustainable bathroom company collapsed after a court found she used £500,000 in business loans to pay boarding school fees and personal debts instead of repaying creditors.
Kimbal Musk's Tesla Links and Epstein Connections Probed
Kimbal Musk, brother of Elon Musk, faces renewed scrutiny over his role at Tesla and past associations with Jeffrey Epstein, amid ongoing investigations.
Paramount Boosts Warner Bros. Takeover Offer with Fees
Paramount enhances its hostile takeover bid for Warner Bros. Discovery by adding a ticking fee and funding a Netflix breakup payout, while extending the tender deadline to March 2.
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Coleen Rooney Ups Stake in Applied Nutrition as It Targets Mums
TV personality Coleen Rooney has significantly increased her shareholding in sports health firm Applied Nutrition as the company expands its focus to attract working mothers and broader demographics.
Michael Bay Sues Cadillac F1 Over Super Bowl Ad Dispute
Filmmaker Michael Bay sues Cadillac F1 for $1.5 million, alleging unauthorised use of his creative ideas in a Super Bowl commercial, with the team confident of resolution.
Marubeni Buys Gola in £46m Deal for Global Brand Revival
Japanese conglomerate Marubeni has acquired iconic British footwear brand Gola as part of a £46m deal, with plans to revitalise the heritage label in the UK and push it aggressively in the US market.
Jacob 'The Jeweler' Arabo Accused of $3 Million Fraud
Jacob 'Jacob the Jeweler' Arabo faces a $2.7 million lawsuit from business partner Vadim Lampert, alleging unpaid commissions on luxury 'Godfather' pen sales and breached agreements.
Warpaint Buys Barry M Brand for £1.4 Million
Cosmetics firm Warpaint purchases the Barry M brand and intellectual property out of administration, but excludes its factory and staff, aiming to expand UK retail presence.
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FedEx Acquires InPost in €7.8bn Deal to Double UK Lockers
Delivery giant FedEx and private equity firm Advent have agreed to acquire parcel locker specialist InPost for €7.8 billion. The deal will see InPost's UK locker network expand from 14,000 to 30,000 points.
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