United States

Mergers & Acquisitions

L Catterton to buy Jose Cuervo-backed hot sauce brand Cholula

Buyout firm L Catterton said on Tuesday it has agreed to acquire Cholula, a privately held hot sauce producer whose investors include Mexican tequila producer Jose Cuervo, in a bet that zesty condiments will continue to become more popular with U.S. consumers.

UPDATE 2-Dell gets shareholder approval for VMware deal

Dell Technologies Inc said on Tuesday it has received shareholder approval for its earlier announced deal to buy back shares tied to its interest in software maker VMware , paving the way for it to return to the market.

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