Coca-Cola CEO James Quincey said the company will likely slow its dealmaking in 2019 as it integrates Costa Coffee and other acquisitions. He also said that the beverage company will hold out on any deals with the cannabis industry. » Read More
By: Lauren Hirsch
Altria Group says it has agreed to buy a 45 percent stake in leading cannabinoid company Cronos Group for about $1.8 billion, a sign of the new world in which the tobacco company must compete. » Read More |
By: Lauren Thomas
Walmart will buy Art.com, adding another digital brand to its portfolio and bolstering its home decor business. » Read More |
Untuckit, known for shirts designed to be worn untucked, has hired investment bank Morgan Stanley to raise money in a deal it hopes will value it at more than $600 million, people familiar with the situation tell CNBC. » Read More |
The offering is likely to exceed the $15.1 billion valuation Lyft posted in June.
Pizza Hut has agreed to acquire QuikOrder, an online ordering software and service provider for restaurants, in a move to access more data about its customers.
Judge Richard Leon is considering halting CVS Health and Aetna's integration. The Justice Department's agreement with the companies needs his approval, but he can't block the deal outright.
Campbell has launched the sale of carrot and smoothie company Bolthouse Farms, a step that will mark the beginning of the end of its investment in fresh food business.
Marlboro cigarette maker Altria is in early talks to acquire Canadian cannabis producer Cronos, as it seeks to diversify its business beyond traditional smokers, a person familiar with the matter told CNBC.
Nexstar Media Group will acquire to Tribune Media, a deal which would make it the largest regional U.S. TV station operator.
Kraft Heinz confirmed it plans to buy paleo dressing company Primal Kitchen, as the ketchup maker looks for a platform to help compete against upstart brands. CNBC reported earlier Thursday it was nearing the deal.
Icelandair's decision calls into question WOW Air's future. WOW Air had expanded with no-frills fares across the Atlantic in recent years but struggled, particularly after fuel prices rose.
Altria is in talks to take a significant minority stake e-cigarette company Juul, the Wall Street Journal reported on Wednesday.
Trian Fund Management has decided not to pursue an acquisition of Papa John's, the Wall Street Journal reported on Tuesday, sending shares of the pizza chain down sharply.
United Technologies Chairman and CEO Greg Hayes says the board asked if it should break up the company after it realized its businesses could survive on their own.
Jim Cramer tells investors to be careful with the stock of United Technologies as the industrial finalizes its purchase of aircraft parts manufacturer Rockwell Collins.
Jim Cramer tells investors to be careful with the stock of United Technologies as the industrial finalizes its purchase of aircraft parts manufacturer Rockwell Collins.
Jim Cramer tells investors to be careful with the stock of United Technologies as the industrial finalizes its purchase of aircraft parts manufacturer Rockwell Collins.
Campbell Soup announced a deal that will add two Third Point nominees to its board: former Blue Buffalo CEO Kurt Schmidt and Comscore President Sarah Hofstetter.
The companies had been expecting to finalize the merger by Thanksgiving. However, a handful of the 28 states CVS and Aetna needed approval from opposed the combination.
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