Will Lifeway Foods sell? Danone raises offer in battle for probiotic leader

Will Lifeway Foods sell? Danone raises offer in battle for probiotic leader

Lifeway Foods, Inc. (NASDAQ: LWAY), a leader in kefir and probiotic fermented dairy products, has confirmed receiving a revised, unsolicited acquisition proposal from Danone North America Public Benefit Corporation. The updated bid offers $27 per share in cash for all outstanding common stock not already owned by Danone. This marks an increase from Danone’s earlier […]

UScellular strikes $1bn spectrum deal with Verizon amid broader monetization strategy

UScellular strikes $1bn spectrum deal with Verizon amid broader monetization strategy

UScellular, officially known as United States Cellular Corporation (NYSE: USM), announced a significant agreement to sell select spectrum licenses to Verizon Communications Inc. (NYSE: VZ). The $1.0 billion deal is part of UScellular’s plan to capitalise on its remaining spectrum assets, with the company also engaging two other mobile network operators for additional sales. This […]

American Industrial Partners acquires AGCO’s grain and protein division in major industry move

American Industrial Partners acquires AGCO’s grain and protein division in major industry move

American Industrial Partners has announced a significant acquisition, taking over the Grain & Protein division of AGCO Corporation. This strategic move marks a pivotal moment for both companies, highlighting American Industrial Partners’ expanding footprint in the industrial sector and AGCO Corporation’s ongoing efforts to streamline its focus. A Strategic Acquisition for Growth and Efficiency The […]

$6.3bn gaming mega deal: Apollo Global Management to acquire International Game Technology and Everi Holdings

$6.3bn gaming mega deal: Apollo Global Management to acquire International Game Technology and Everi Holdings

International Game Technology PLC (NYSE: IGT) and Everi Holdings Inc. (NYSE: EVRI) have announced a monumental deal that will see both companies acquired by a newly formed holding company, funded by affiliates of Apollo Global Management, Inc. (NYSE: APO). Valued at approximately $6.3 billion, the all-cash transaction will integrate International Game Technology’s Gaming & Digital […]