Levi Strauss to acquire athleisure apparel brand Beyond Yoga

Levi Strauss to acquire athleisure apparel brand Beyond Yoga

Levi Strauss & Co. (LS&Co.) has agreed to acquire US-based athleisure apparel brand Beyond Yoga for an undisclosed price. The American clothing company said that the acquisition of Beyond Yoga helps its foray into the high-growth activewear segment and diversifies its business further. According to Levi Strauss, the acquisition will take the Beyond Yoga brand […]

HP turns down $35bn takeover bid from Xerox

HP turns down $35bn takeover bid from Xerox

Computer manufacturing giant HP has turned down a takeover bid of around $35 billion from Xerox Holdings Corporation on the basis that it had undervalued its business. Last month, the US printer manufacturer offered an increased price of $24 per share, which was $2 per share more than the previous bid. However, it was rejected […]