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This Tomato Sauce Is Delicious. It's Also Worth Billions of Dollars.
Campbell Soup is splurging for the company behind Rao’s. What is the brand’s secret sauce? 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
Higher Interest Rates and Sluggish Economy Fuel European Bankruptcies
EU bankruptcies surge to the highest level since 2015, nudged by the end of pandemic-era aid. Source link
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
Intel Scraps Tower Acquisition After China Fails to Approve Deal
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Apollo-Led Lenders Sell Yellow Loan to Citadel
The firm exited its loan investment after rival lenders offered better terms to finance Yellow’s liquidation. Source link
U.S. Steel Takeover Talk Rattles Manufacturers
A deal for the American steelmaker could leave fewer options for steel used in cars, food cans and other products. Source link
Movie Financier TSG Accuses Disney of Depriving It of Millions of Dollars
TSG Entertainment, which helped co-finance hits including “Avatar: The Way of Water” for Twentieth Century Fox, is suing the studio and its parent company Disney
Dubai Automaker to Pump Cash Into China Evergrande's EV Business
The Chinese property developer’s fledgling auto unit said NWTN’s $500 million investment would help it meet imminent funding needs. Source link
AMC Can Sell Nearly 400 Million New Shares Following Court Approval
Distressed movie-theater chain overcame opposition from meme investors concerned about dilution, winning court approval for transactions to sell more shares. Source link