EP Group's tender offer for French electronics and appliance retailer Fnac Darty will close its initial acceptance period on November 9, 2026. If the offer succeeds, a reopening period will follow, giving remaining shareholders another chance to tender their shares.
David's Bridal will separate Pearl, its AI-focused wedding planning and media platform, into a stand-alone public company valued at $350 million. The deal anticipates $75 million in PIPE funding, including a $25 million anchor from largest shareholder CION Investment Corporation. CEO Kelly Cook is expected to lead Pearl, and David's Bridal will remain a material shareholder.
VIVESCIA's malting business Malteurop has acquired the Chunlei Malting Co. plant near Yancheng in Jiangsu province, which can produce 220,000 tonnes of malt a year, enough for 2 billion liters of beer. The deal, finalized this summer, was celebrated today. Malteurop is the only foreign commercial malt producer in China. Terms were not disclosed.
David's Bridal filed a nonbinding letter of intent to spin off its AI wedding-planning platform Pearl as a public company targeting a roughly $350 million valuation.
Bose has acquired Skullcandy, the Park City, Utah-based lifestyle audio brand, following a multi-year partnership that brought Sound by Bose technology to Skullcandy earbuds and headphones. Skullcandy will remain a separate brand within Bose's Premium Consumer Audio business. Financial terms were not disclosed.
Forward Consumer Partners signed an agreement to acquire Welly Health PBC from Unilever. Welly is a first-aid and bandage brand created in 2018 by serial entrepreneur Eric Ryan. Financial terms were not disclosed.
GoPro filed a preliminary proxy for its proposed merger with Starman Optical and restated some past financials over non-cash warrant accounting errors.
Shareholders of France's Panzani and Portugal's Cerealis have entered exclusive negotiations to combine the two pasta and cereal makers. Backed by Cerealis' founding families, Sofina and CVC Capital Partners, the group would have an enterprise value of about €1.8 billion, roughly €1 billion in annual revenue and nearly 1,800 employees.
Oak UK Bidco, owned by funds tied to Wittington Investments and Fairfax Financial, agreed on October 7 to acquire Boots' parent company from The Boots Group Limited.
Over 99% of Roots shareholders approved its acquisition by Marquee Brands, which has cleared Canada's Competition Act and is expected to close this month.
Lash and brow products and education provider BorboletaPro acquired Dulce Lash Artistry and became preferred lash partner of Paul Mitchell Advanced Education.
Beretta Holding's $44.80-a-share tender offer for up to 2,400,184 Sturm, Ruger shares was oversubscribed, with a preliminary proration factor of about 38.45%.