Riko's Pizza agreed to acquire its Merrick and Levittown, New York franchise locations from its first franchisee, converting them to corporate-owned; the deal closed August 31 with undisclosed terms.
We only link to sources you can read without a subscription. How we check.
Fairfax Financial is partnering with Wittington Investments, the Weston family's holding company, to acquire Boots' UK and Ireland retail operations, Boots Opticians, the No7 Beauty Company, and Boots' Thailand and franchised businesses. The total purchase price is about $8.9 billion, including assumed debt.
China's ANTA Sports completed its purchase of a 29.06% stake in Puma from Artémis, the Pinault family's investment company, for €1.5055 billion (about $1.7 billion) in cash. ANTA will seek supervisory board representation and says it has no plans to make a takeover offer.
Copart has again extended the expiration of its all-cash tender offer to buy all shares of ACV Auctions at $10.50 per share.
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.