Story of the Week Walgreens to go private in roughly $10 billion deal with Sycamore Partners Struggling drugstore chain Walgreens is going private. On Mar 6th Walgreens inked a deal with private equity firm Sycamore Partners that will take it off the public market for an equity value of around $10 billion. Sycamore will pay $11.45 per […]
Story of the Week Roark Capital signs $1 billion deal for Dave’s Hot Chicken, sources say Private equity firm Roark Capital has signed a deal to acquire Dave’s Hot Chicken for roughly $1 billion, according to sources familiar with the matter, in a deal that will reinforce its foothold in the restaurant industry. Drawn by […]
Story of the Week Caleres to Acquire Tapestry’s Stuart Weitzman for $105 Million Caleres has inked a deal to acquire Stuart Weitzman from Tapestry Inc. for $105 million. The move strengthens Caleres’ position in women’s fashion footwear, particularly in the contemporary segment of the market, while enabling Tapestry to focus on its Coach and Kate […]
Story of the Week Beyond Acquires Buy Buy Baby in Deal That Could Generate Cryptocurrency Token With an initiative that further reconstructs the Bed Bath & Beyond business, Beyond has entered into an asset purchase agreement with BBBY Acquisition Co. LLC to acquire the global rights of the Buy Buy Baby brand for $5 million, […]
Story of the Week General Mills finalizes sale of Canadian yogurt business General Mills, Inc. has completed the sale of its Canadian yogurt business to Sodiaal. The transaction includes the Canadian operations of several yogurt brands, including Yoplait and Liberte, as well as a manufacturing facility in Saint-Hyacinthe, Que. General Mills announced plans to divest […]