Story of the Week Trump announces ‘massive’ trade deal with Japan, setting tariffs at 15% President Donald Trump announced a “massive” deal with Japan that includes “reciprocal” tariffs of 15% on the country’s exports to the U.S., with auto duties reportedly being lowered to that level as well. In a post on Truth Social, Trump […]
Story of the Week Coats Group to Acquire OrthoLite for $770m in Move to Reshape Footwear Components Market Coats Group Plc has reportedly reached a definitive agreement to acquire U.S.-based footwear insole maker OrthoLite for $770 million, including debt. The acquisition is reportedly designed “to accelerate the London-based thread manufacturer’s ambition to become a leading […]
Story of the Week Ferrero clinches deal to acquire WK Kellogg for $3.1B Ferrero announced it will buy cereal maker WK Kellogg for a price tag of $3.1 billion, or $23 per share. This deal will bring brands including Ferrero Rocher, Nutella, and Tic Tac together with cereal brands like Frosted Flakes and Froot Loops. […]