acquisitions

Krispy Kreme May Put Insomnia Cookies to Bed as Restaurants Cut Costs
Krispy Kreme May Put Insomnia Cookies to Bed as Restaurants Cut Costs
October 03, 2023  |  Retail

As restaurants grapple with cost challenges, Krispy Kreme is putting its Insomnia Cookies subsidiary up for sale. On Tuesday (Oct. 3), the donut chain announced that it...

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Ripple Pulls Out of Fortress Trust Acquisition
Ripple Pulls Out of Fortress Trust Acquisition
September 29, 2023  |  Acquisitions

Cryptocurrency company Ripple is not moving ahead with its previously announced plans to acquire custodian Fortress Trust. “A few weeks ago, we signed a letter of...

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Wonder Nabs Blue Apron for $103 Million Amid Meal Delivery Consolidation
Wonder Nabs Blue Apron for $103 Million Amid Meal Delivery Consolidation
September 29, 2023  |  Acquisitions

As competition for consumers’ meal delivery spend heats up across businesses ranging from direct-to-consumer (D2C) sites and major food brands to restaurants and aggregators, Wonder...

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Wonder to Acquire Blue Apron, Create ‘Mealtime Super App’
Wonder to Acquire Blue Apron, Create ‘Mealtime Super App’
September 29, 2023  |  Acquisitions

Blue Apron, a provider of meal kits, has entered into a definitive merger agreement to be acquired by Wonder Group, a company focused on at-home dining...

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Report: Bain Capital Among Potential Buyers for CCC Intelligent Solutions
Report: Bain Capital Among Potential Buyers for CCC Intelligent Solutions
September 28, 2023  |  Acquisitions

Bain Capital is reportedly considering a deal to acquire CCC Intelligent Solutions Holdings, a car-insurance software provider controlled by Advent International. The private equity firm is one...

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Report: Travelex Owners Assess Buyer Interest for Potential Sale
Report: Travelex Owners Assess Buyer Interest for Potential Sale
September 28, 2023  |  Acquisitions

British currency exchange company Travelex is reportedly considering a sale. The owners of Travelex, including former bondholders who gained control through a debt restructuring, are working with...

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UPS Acquires MNX to Enhance Time-Critical Logistics for Healthcare
UPS Acquires MNX to Enhance Time-Critical Logistics for Healthcare
September 28, 2023  |  Acquisitions

UPS has entered into an agreement to acquire MNX Global Logistics, a global time-critical logistics provider. This move aims to enhance UPS’ precision and capability in offering...

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Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
September 24, 2023  |  Cryptocurrency

American cryptocurrency giant Coinbase has reportedly weighed purchasing fellow exchange FTX’s European business. A report Friday (Sept. 22) by Fortune said the move is part of Coinbase’s efforts...

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Cisco Pays $28 Billion for Splunk to Bolster AI Cybersecurity
Cisco Pays $28 Billion for Splunk to Bolster AI Cybersecurity
September 21, 2023  |  Acquisitions

Cisco is buying software firm Splunk for $28 billion. The acquisition is designed to help clients bolster their security and observability efforts via artificial intelligence...

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