Mergers and acquisitions

7-Eleven’s parent company rejects $38.6 billion takeover bid, says offer ‘grossly undervalues’ company

Seven & i Holdings has rejected the takeover offer from Canadian convenience store operator Alimentation Couche-Tard, saying the offer “is…

Harris says she opposes U.S. Steel’s sale to a Japanese firm during campaign event

Vice President Kamala Harris used a joint campaign appearance with President Joe Biden in the critical swing state of Pennsylvania on Monday to say…

Italy looks like fertile ground for a mega merger deal in banking

MILAN, Italy — European policymakers have longed for bigger banks across the continent. And Italy might be about to give…

China talks up support for IPOs. Investors are watching the speed of approval

BEIJING — Chinese authorities this week announced new policy for supporting venture capital, raising hopes for faster approvals of initial…

Fintech has hit a bottom after plunge in valuations and squeeze on funding, execs and VCs say

AMSTERDAM — The financial technology industry is embracing a new normal — with some industry executives and investors believing the…

Payhawk, a $1 billion corporate card startup, plans M&A shopping spree after 86% sales growth

AMSTERDAM — Corporate payments startup Payhawk told CNBC it is planning mergers and acquisitions to grow its footprint in the corporate spend…

Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal

Hanesbrands agreed to sell its global Champion business to Authentic Brands Group in a transaction valued at $1.2 billion, including…

Waste Management to acquire Stericycle in $7.2 billion deal

Waste Management will buy Illinois-based waste-disposal company Stericycle in a deal valued at about $7.2 billion, the companies announced Monday.…

DocuSign chief says company focused on growing as a public entity after reports of private equity interest

Contract management platform DocuSign is committed to growing as a public company and is working to convince investors of its…

HD Hyundai Marine Solution doubles in South Korea’s largest IPO since January 2022

Shares of maintenance and repair firm HD Hyundai Marine Solution nearly doubled in their trading debut Wednesday, marking a strong…