Story of the Week Meta settles social media addiction case with California, other states for $16.7 billion Meta and a coalition of state attorneys general have settled a major federal case centering on allegations that the social media giant misrepresented the extent of child mental health harms caused by apps like Facebook and Instagram. The […]

Story of the Week Saputo sells UK dairy division to Lactalis for £988m Canadian dairy giant Saputo has agreed to sell its UK dairy operations to French rival Lactalis for approximately £988 million in a landmark deal. The transaction covers five manufacturing sites and major brands including Cathedral City, Wensleydale, Davidstow, Clover and Country Life. […]

Story of the Week Kirin to acquire Jamieson Wellness in $1.36bn deal Japanese firm Kirin Holdings Company has agreed to acquire Canadian vitamins, minerals and supplements (VMS) company Jamieson Wellness in a deal valued at approximately C$2.5bn ($1.36bn), strengthening its position in the global consumer health and preventative health market. The acquisition will give Kirin […]

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 […]