Startup Sues Estee Lauder for Alleged Tech Theft
Nomi Beauty, a tech startup, has filed a lawsuit against Estee Lauder, accusing the cosmetics giant of stealing proprietary technology to boost sales in luxury and duty-free markets.
Category : Acquisitions
Estee Lauder Sued by Startup Over Tech Theft Claims
Beauty tech startup Nomi Beauty sues cosmetics giant Estee Lauder, alleging theft of proprietary technology that generated significant new revenue for the corporation while destroying the smaller company's business operations.
Nathan's Famous Sells to Smithfield for $450 Million
Iconic hot dog brand Nathan's Famous has been acquired by packaged meat giant Smithfield Foods in a $450 million all-cash transaction, sending shares surging nearly 9%.
Nathan's Famous Sold to Smithfield Foods for $450 Million
The historic Coney Island hot dog maker Nathan's Famous has been purchased by packaged meat giant Smithfield Foods in a significant $450 million all-cash transaction, announced this week.
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Next Buys Russell & Bromley in Rescue Deal, Stores at Risk
Next has purchased the luxury footwear retailer Russell & Bromley in a pre-pack insolvency deal, saving the brand but leaving the future of most of its 36 stores uncertain.
Berkshire's New CEO Eyes Kraft Heinz Share Sale
Warren Buffett's successor Greg Abel considers selling Berkshire Hathaway's 325 million Kraft Heinz shares, marking potential strategic departure from Buffett's long-term holding approach.
Netflix's $72bn All-Cash Bid for Warner Bros
Netflix revises its $72 billion Warner Bros acquisition offer to all cash, accelerating shareholder vote timeline as Paramount's hostile bid complicates the media merger landscape.
Musk Threatens Ryanair Buyout in Starlink Spat
Elon Musk has suggested buying budget airline Ryanair after demanding CEO Michael O'Leary be fired over a dispute about installing Starlink Wi-Fi on flights, escalating their public feud.
Netflix Amends Warner Bros. Discovery Deal to All-Cash
Netflix has revised its acquisition deal with Warner Bros. Discovery to an all-cash offer, replacing the previous stock-and-cash agreement. The move comes as Netflix prepares to report quarterly earnings amid slowing subscriber growth and faces competitio
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Elon Musk Considers Buying Ryanair After CEO Clash
Elon Musk has suggested buying Ryanair in a poll on X, escalating a feud with CEO Michael O'Leary over Starlink installation costs and fuel efficiency claims.
Elon Musk Suggests Buying Ryanair in CEO Spat
Tesla founder Elon Musk has floated purchasing budget airline Ryanair following a public dispute with CEO Michael O'Leary over in-flight WiFi and Starlink technology.
Netflix Increases Warner Bros Bid to $27.75 Per Share
Netflix has significantly increased its all-cash offer to acquire Warner Bros Discovery's studio and streaming business, intensifying the takeover battle with Paramount Skydance.
Netflix All-Cash Warner Bros Bid to Block Paramount
Netflix has revised its $82.7bn offer for Warner Bros Discovery to an all-cash deal, aiming to speed up completion and provide certainty amid Paramount's hostile takeover attempt.
Netflix Amends Warner Bros Deal to All-Cash Offer
Netflix has revised its takeover of Warner Bros Discovery's studio and streaming business to an all-cash offer of $27.75 per share, valuing the deal at approximately $72 billion.
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Musk Considers Ryanair Purchase After O'Leary Clash
Elon Musk suggests buying Ryanair after a public feud with CEO Michael O'Leary over in-flight WiFi costs. Read the full story of the online spat and its potential consequences.
Musk Considers Buying Ryanair After CEO Spat
Elon Musk suggests buying budget airline Ryanair and firing its CEO Michael O'Leary after a public feud over in-flight WiFi. The Tesla boss ran a poll with 800k responses. Read the full story.
City & Guilds bosses' pay triples during £22m cuts
Executives at the privatised City & Guilds qualification body received huge bonuses while the company cut costs and UK jobs. The Charity Commission is investigating the sale. Read the full story.
MOL to buy Russia's stake in Serbia's NIS pending US approval
Hungary's MOL Group signs a preliminary deal to purchase a 56.15% stake in Serbia's sanctioned, Russia-owned NIS. The deal hinges on US approval and could reshape regional energy. Read the full details.
German Monastic Brewery Sold After 1000 Years
The world's oldest monastic brewery, Weltenburg Abbey in Bavaria, is being sold to Schneider Weisse as Germany's beer market faces a historic decline. Discover the story behind this 975-year-old tradition.
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Zurich Insurance makes £7.7bn takeover bid for Beazley
Zurich Insurance has tabled a £7.7bn takeover proposal for London rival Beazley, sending its shares soaring by 42%. Read the full details of the blockbuster insurance deal.
Fitness queen's $400m business sale regret
Aussie fitness mogul Kayla Itsines reveals the major regret behind her $400 million Sweat app sale and her hard-won lessons on wealth and freedom. Discover her story.
Trump buys $1m in Netflix and Warner Bros bonds
Donald Trump purchased over $1m in bonds from Netflix and Warner Bros Discovery just days after stating he would 'be involved' in their proposed $82.7bn merger. Explore the ethical and political implications.
Trump Buys Bonds in Netflix and Warner Bros After Merger
President Trump purchased up to $1 million in corporate bonds from Netflix and Warner Bros. Discovery just days after their $83bn mega-deal was announced. Discover the details and political implications.
Hampstead Heath cafes face corporate takeover battle
A fresh battle is brewing on Hampstead Heath as family-run cafes face replacement by the Daisy Green chain, echoing a 2016 controversy. Locals and a former committee chair decry the loss of community spirit.
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Manchester City close to signing Marc Guéhi for £40m
Manchester City are finalising a £40m deal for Crystal Palace defender Marc Guéhi. The England star, who almost joined Liverpool, is keen on the move. Get the latest transfer news.
London Pub Group Sees Record Christmas Sales, Expands
London's Urban Pubs & Bars celebrates its best Christmas ever with 14.5% sales growth, as it accelerates its acquisition strategy across the capital. Discover the group's ambitious plans.
Donyell Malen leaves Aston Villa for Roma loan
Netherlands forward Donyell Malen has completed a loan move to AS Roma from Aston Villa. The deal includes a £21.6m option to buy and could pave the way for Tammy Abraham's return to Villa Park.
Greencore completes £1.2bn Bakkavor takeover
Greencore has sealed its £1.2 billion acquisition of rival Bakkavor, forming a £4bn food-to-go champion after selling a factory to satisfy regulators. Read the full story.
ClassPass and EGYM merge in $7.5bn fitness tech deal
The owners of ClassPass and EGYM are merging to create a $7.5bn wellness tech giant, backed by Jared Kushner's firm. Discover how AI is reshaping the fitness industry.
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Mets offer Cubs' Kyle Tucker £40m per year deal
The New York Mets have made a blockbuster offer to free-agent slugger Kyle Tucker, reportedly worth an average of $50m per season. Could this major coup reshape their lineup?
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