South African fashion and homeware retailer Mr Price has agreed to buy German-based value chain NKD Group in a transaction worth up to 487 million EUR (around $568 million USD), marking its first move into the European market. Announced on December 10, 2025, the deal signals a clear strategic shift for the Durban-based group, which has largely concentrated on South…
Denny’s Corporation announced it will be acquired by a consortium of investors and taken private in a transaction valued at about $620 million, including debt. The deal, unanimously approved by the board, provides $6.25 in cash per share, totaling roughly $322 million in equity value. The buyer group includes TriArtisan Capital Advisors, Treville Capital Group, and Yadav Enterprises, one of…
Epic Games and Google said they reached a “comprehensive settlement” to end a five-year legal battle over the Google Play app marketplace on Android, according to a joint filing in federal court in San Francisco. The agreement, which still requires approval from the U.S. District Judge James Donato, aims to “put their disputes aside” while making Android a more competitive…
Novo Nordisk has raised its offer for Metsera to as much as $10 billion, intensifying a takeover fight with Pfizer for the clinical-stage obesity-drug developer. Metsera said the revised proposal includes $62.20 in cash per share plus a $24 contingent value right (CVR) tied to development and regulatory milestones, up from Novo’s prior bid that peaked at $9 billion. In…
Kimberly-Clark will acquire Kenvue, the maker of Tylenol, in a cash-and-stock transaction valued at about $48.7 billion, bringing a wide portfolio of everyday brands under one roof. The combined company will house marquee names including Kleenex, Huggies, Cottonelle, Band-Aid, Listerine, and Neutrogena, creating one of the sector’s largest consumer-health and personal-care players. Post-merger, Kimberly-Clark shareholders are expected to own about…
U.S. stocks rose on Friday as Amazon delivered a far stronger profit report than analysts had forecast, giving Wall Street fresh momentum after a shaky session the day before. The S&P 500 gained 0.6%, bringing it back close to the record high set earlier this week and leaving it on track for a third straight winning week and a sixth…
The United States is confronting an expected shortage of the 1-cent coin only a few months after President Donald Trump directed the U.S. Mint to halt production, arguing that a coin that costs almost 4 cents to manufacture “no longer makes sense” for taxpayers. After the Mint shipped its final order of penny blanks in June 2025, officials expected the…
