Story of the Week Procter & Gamble will acquire supplements brand Thorne for $3.8 billion Procter & Gamble is buying supplement brand Thorne for $3.8 billion, CEO Shailesh Jejurikar said on August 4th. The acquisition is a bid for P&G to grow its health and wellness division. The consumer goods giant already owns several other […]

Story of the Week Origin Merchant Partners Combines with Boston and New York-based Consensus to build North America’s Leading Independent Consumer & Retail M&A Practice Origin Merchant Partners (“Origin”), a leading independent investment bank, announced that it has entered into a strategic acquisition of Consensus, a U.S.-based consumer-focused investment banking firm with offices in Boston and New York. The combination creates a […]

Story of the Week U.S. sets new tariffs at 10% to 12.5% on 60 trade partners The U.S. trade representative announced a wave of tariffs on dozens of economies Thursday to replace President Donald Trump’s temporary 10% tariff, which expired.  Sixty trading partners, including all of America’s most important ones, will face tariffs of 10% […]

Story of the Week Rawlings Majority Owner Explores Sale at $2 Billion Valuation Private equity firm Seidler Equity Partners, which co-owns Rawlings Sporting Goods Co. with Major League Baseball (MLB), is exploring a sale of its stake in Rawlings, seeking a $2 billion valuation, including debt, sources told Bloomberg.  In June 2018, Los Angeles-based Seidler Equity, […]

Story of the Week Kroger to buy grocer Giant Eagle in $1.65 billion deal as competition heats up Kroger said it would buy regional ⁠supermarket chain Giant Eagle in a $1.65 billion deal, strengthening its presence in the Midwest and the ​Mid-Atlantic region amid intensifying ​competition. The transaction, the ​first under CEO Greg Foran, is […]