Story of the Week Hain Celestial to sell international business for $323M The Hain Celestial Group has agreed to sell its international business to private equity firm Aurelius for roughly $323 million in cash as part of an ongoing strategic review aimed at streamlining the company and cutting debt. Net proceeds are expected to land […]

Story of the Week Nestlé sells its VMS brands to Yellow Wood Partners for $1bn Nestlé has announced it will divest its vitamins, minerals and supplements (VMS) brands to the private equity firm Yellow Wood Partners for $1bn. The deal covers seven established brands: Nature’s Bounty, Osteo Bi-Flex, Ester-C, Gard, Nuun, Puritan’s Pride and Sisu, […]

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 […]