General Electric to sell biopharma unit to Danaher for $21.4 billion, part of a strategy to reduce leverage and boost its balance sheet
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Kraft Heinz reportedly considers selling Maxwell House businessKraft Heinz Co. may sell its Maxwell House coffee business, CNBC reported Sunday, and has hired investment bank Credit Suisse to explore its options. CNBC reported a sale could be priced at $3 billion or more. Sources told CNBC that Maxwell House could be the first of several divestitures as the food giant looks to streamline itself. Kraft Heinz shares plunged 27% on Friday, their worst trading day ever, after reporting disappointing fourth-quarter earnings Thursday.
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How Starbucks went from a single coffee bean store to an $80 billion businessIn its 47-year history, Starbucks has transformed from a single coffee bean store in Seattle to a 30,000-cafe international coffee power house. But massive expansion hasn't come without growing pains.
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BlackRock, KKR plan $4 billion-$5 billion investment in ADNOC pipeline unit: FTU.S. investment firms BlackRock Inc and KKR & Co Inc are in advanced talks to ta...
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Freight Startup Flexport Hits $3.2 Billion Valuation After $1 Billion Investment Led By SoftBankFreight isn't sexy, but it's big business. A $1 billion investment led by SoftBank's Vision Fund now values freight forwarding startup Flexport at $3.2 billion.
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