Parent
US sues to block Coach owner’s US$8.5 billion buyout of Versace parent
THE US Federal Trade Commission (FTC) said Monday it has sued to block fashion group Tapestry’s US$8.5 billion deal to buy Capri, which owns luxury brands including Michael Kors...
Vietnam EV maker VinFast’s challenges escalate risk for parent Vingroup
AS VIETNAM’S biggest conglomerate Vingroup doubles down on its electric vehicle business with ambitious global expansion plans, it faces growing financial risks stemming from loss-making unit VinFast Auto.VinFast’s rapid...
Google parent Alphabet weighs offer for HubSpot: sources
GOOGLE parent Alphabet has been talking to its advisers about the possibility of making an offer for HubSpot, an online marketing software company with a market value of US$35...
California sues Facebook parent Meta over alleged harm to young people
California and 32 other states on Tuesday sued Facebook parent company Meta over allegations that it “designed and deployed harmful features” on the main social network and its platform...
Campbell Soup Acquires Rao’s Parent Company for $2.33B | Entrepreneur
Campbell Soup announced on Monday that it will acquire Sovos Brands, the parent company of Michael Angelo's and Rao's, for $2.33 billion in cash. The move marks a strategic...
Instant Pot, Pyrex Parent Company Files for Bankruptcy | Entrepreneur
Instant Brands, the company behind Instant Pot and Pyrex glassware, filed for Chapter 11 bankruptcy on Monday."After successfully navigating the COVID-19 pandemic and the global supply chain crisis, we...
Olive Garden Parent to Acquire Ruth’s Chris for $715 Million | Entrepreneur
Darden Restaurants, which owns eight restaurant chains including Olive Garden, Yard House and The Capital Grille, will acquire Ruth's Chris Steak House for $715 million."Ruth's Chris is a strong...
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