Ariel Investments urged Mattel to explore strategic alternatives; Authentic Brands Group has reportedly shown interest in an offer valuing Mattel around $6 billion.
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B&G Foods and Quebec-based Nortera Foods ended their agreement on October 6 for Nortera to buy B&G's Green Giant and Le Sieur businesses in Canada after the Competition Bureau moved to block it. B&G said it will keep exploring other options for its Canadian Green Giant vegetable business.
ANTA Sports completed its purchase of a 29.06% stake in PUMA from Artémis, the Pinault family's investment company, for €1,505.5 million in cash. After regulatory approvals, ANTA is now PUMA's largest shareholder and says it will respect the brand's independence while supporting its turnaround.
Curaleaf formally filed its increased cash-and-stock offer for Aurora Cannabis, worth an implied US$5.00 per share, an 86% premium to the unaffected price.
Constellation Brands acquired SpikedAde, a vodka-based, sports-drink-inspired ready-to-drink brand; terms were not disclosed.