Meta Platforms cuts losses with Giphy sale
Meta Platforms struck a deal to sell Giphy to image repository company Shutterstock for $53 million, a fraction of the $400 million it paid.
Source: mobileworldlive.com
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Three North Wales sites part of Asda purchase of 132 Co-op sites
ASDA has completed the acquisition of 132 grocery retail sites, with attached petrol stations, from Co-op with three sites in North Wales part of…
Source: rhyljournal.co.uk
Asda completes purchase of Co-Op petrol forecourt estate in multi-million pound sale
Asda has completed its acquisition of the Co-Op’s petrol forecourt estate in a sale worth an estimated £600 million. The supermarket giant confirmed today that it has purchased 132 grocery retail sites with attached petrol stations as part of its “strategy to enter the convenience retail space.” This follows the previous announcement on 31 August […]
Source: wrexham.com
Antitrust Mergers and Acquisitions Global News 2022 Quarter 1
US antitrust agencies aggressive merger enforcement posture. The agencies challenged four transactions this quarter, including multiple vertical mergers. Federal Trade Commission FTC and Department of Justice DOJ working together to update current Horizontal Merger Guidelines
Source: natlawreview.com
U.K. regulator raises anti-competition concern in sale of General Mills dough brands
British agency scrutinizing food giant's sale of Jus-Rol brand over fear it would give buyer market dominance.
Source: startribune.com