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United States

Lauren Hirsch

Feb 24 2017

Michael Kors, Coach in second round of Kate Spade auction: sources

Michael Kors Holding Inc and Coach Inc are among the companies that have made it through to the second round of bidding for handbag and accessories maker Kate Spade & Co , people familiar with the situation said on Friday.

Feb 23 2017

NYSE plans trial run for Snap IPO

The New York Stock Exchange will conduct a trial run of Snap Inc's initial public offering on Saturday, according to a notice given last week to stock traders, in anticipation of what is expected to be the biggest U.S. technology IPO in nearly five years.

Feb 22 2017

HINTERGRUND-Warum Mega-Deals wie Kraft/Unilever platzen

London/New York 143 Milliarden Dollar wollte der Ketchup-Riese Kraft Heinz für den deutlich größeren Konsumgüterkonzern Unilever auf den Tisch legen.

Feb 21 2017

Confident Snap brushes off concerns on second day of IPO roadshow

NEW YORK Snap Inc, owner of popular messaging app Snapchat, fended off investor skepticism on the second day of its IPO roadshow on Tuesday, betting on the charisma of CEO Evan Spiegel, 26, whom it introduced as a "once in a generation founder." | Video

Feb 21 2017

Exclusive: Burger King and Tim Hortons owner nears deal to buy Popeyes - sources

Restaurant Brands International Inc, owner of the Burger King and Tim Hortons fast-food chains, is nearing a deal to acquire Popeyes Louisiana Kitchen Inc, people familiar with the matter said on Monday.

Feb 20 2017

Kraft's failed Unilever bid shows it needs growth over cost cuts

Acquire, slash costs, repeat. Billionaire investor Warren Buffet and buyout firm 3G Capital's failed $143 billion bid to combine their food conglomerate Kraft Heinz Co with Unilever Plc shows their winning formula now needs a growth boost.

Feb 17 2017

3G Capital's austere empire-building weighs on Kraft's Unilever bid

Buyout firm 3G Capital managed to build a consumer empire with a market value of over $140 billion in just seven years. Yet its ruthless approach to costs may end up hampering 3G-backed Kraft Heinz Co's $143 billion bid for Unilever Plc.

Feb 17 2017

3G Capital's austere empire-building weighs on Kraft's Unilever bid

Buyout firm 3G Capital managed to build a consumer empire with a market value of over $140 billion in just seven years. Yet its ruthless approach to costs may end up hampering 3G-backed Kraft Heinz Co's $143 billion bid for Unilever Plc .

Feb 17 2017

Snap lowers valuation expectations in highly awaited IPO

Snap Inc , owner of the popular messaging app Snapchat, set a lower-than-expected valuation range on Thursday, amid mounting investor concern over its unproven business model, slowing growth and tight founder control.

Feb 15 2017

Ferrara Candy's private equity owner takes company off block: sources

Private equity firm L Catterton has decided to not sell Ferrara Candy Co after running an auction for the maker of candy such as Fruit Stripe gum and Now & Later chews, people familiar with the situation said this week.

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