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3M Just Agreed to a $6 Billion Settlement. More Lawsuits Await.
Manufacturer faces lawsuits over forever chemicals filed by personal injury lawyers, state attorneys general. Source link
FTC Pauses Challenge to Amgen's $27.8 Billion Deal for Horizon Therapeutics
The move gives the agency time to weigh a settlement that would allow the deal to close with conditions. Source link
Kraft Heinz Sees a $25 Billion Opportunity—in Schools
Packaged-food giant revamps Lunchables for the cafeteria, tapping a new market and drawing pushback. Source link
China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring
China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts, as the embattled property developer
Texas Pipeline Firm Adds to Shale Holdings in $7.1 Billion Deal
Energy Transfer said the purchase of rival Crestwood Equity Partners would benefit its natural-gas and crude-oil businesses by adding storage and terminal assets. Source link
ESPN Strikes $2 Billion Sports-Betting Deal With Penn Entertainment
Penn’s Barstool Sportsbook app will be rebranded as ESPN Bet this fall as part of a 10-year agreement. Source link
Paramount to Sell Simon & Schuster to KKR for $1.62 Billion
The sale of the book publisher to the buyout firm comes less than a year after previous deal with Penguin Random House was blocked. Source
Campbell Soup to Acquire Maker of Rao's for $2.7 Billion
Campbell said the deal for Sovos Brands is expected to close in December. Source link
'Barbie' Surpasses $1 Billion at the Box Office
“Barbie” is now the fourth U.S. motion picture directed or co-directed by a woman to cross the billion-dollar mark. Source link
Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion
Book publisher was put up for sale for the second time after a judge blocked a previous deal with Penguin Random House. Source link