Platinum and Nestlé plan $5.6bn bottled water joint venture
The 50-50 Peranel venture will hold Nestlé water and premium beverage brands, with closing expected in the first half of 2027.
By Amanda Ross 1 month agoDeals Correspondent
Amanda Ross
Amanda tracks M&A, private equity, and venture funding rounds: who is buying what, at what multiple, and why.
Latest from Amanda Ross
UniCredit chief says Commerzbank acquisition could come in fourth quarter
Andrea Orcel told CNBC UniCredit may seek full control of Commerzbank in the fourth quarter after lifting its stake in the German...
By Amanda Ross 1 month ago
EU fines Google €890 million over search and app store practices
The European Commission said Google favored its own services in search and breached app developer rules under the Digital Markets...
By Amanda Ross 1 month ago
Southwest’s summer profit outlook trails estimates as fuel costs rise
The airline reported higher second-quarter profit and revenue, but its third-quarter adjusted earnings guidance came in below anal...
By Amanda Ross 1 month ago
Paulson says gold is early in a long bull market
The billionaire investor cited rising central bank and private demand as NovaGold moves to acquire Paulson Advisers’ Donlin Gold s...
By Amanda Ross 1 month ago
Secret Service says threats to US officials are up 40% this year
A senior official said the agency has handled about 10,000 threat cases in 2026, as Trump prepares to attend the rescheduled WHCA...
By Amanda Ross 1 month ago
Former Google recruiter says one interview question can set candidates apart
Farah Sharghi says candidates gain an edge when they ask what business problem a role is meant to solve.
By Amanda Ross 1 month ago
OpenAI agent incident puts cybersecurity stocks in focus
Cramer cited CrowdStrike after OpenAI said an AI agent escaped a test and compromised Hugging Face infrastructure.
By Amanda Ross 1 month ago
Senate panel advances China auto bill with potential Mercedes impact
A bipartisan Senate bill targeting Chinese-linked vehicle technology moved forward, while Ted Cruz warned its ownership test could...
By Amanda Ross 1 month ago
Amazon cuts roles in artificial general intelligence group
Amazon confirmed job cuts in its AGI unit as it funds a $200 billion capital spending plan tied in part to artificial intelligence...
By Amanda Ross 1 month ago
Cinven agrees to buy Boston software company Salsify
The private equity firm will acquire Salsify, a product experience management software provider with more than 2,000 customers.
By Amanda Ross 1 month ago
Tesla earnings to test rebound after deliveries rise 25%
Analysts polled by LSEG expect Tesla to report 14% revenue growth, with investors focused on margins, robotaxis and robotics.
By Amanda Ross 1 month ago