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UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo
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Clean-energy producer Allete agrees to go private for $6.2 billion
Canada Pension Plan Investment Board and Global Infrastructure Partners team up to pay $67 a share.MarketWatch - Business -
Swedish private-equity firm EQT will acquire U.S. digital consulting firm Perficient in an all-cash deal valued at around $3 billion, the companies said.
Swedish private-equity firm EQT will acquire U.S. digital consulting firm Perficient in an all-cash deal valued at around $3 billion, the companies said.The Wall Street Journal - World -
Hershey’s beats on earnings as Reese’s Caramel, Dot’s Pretzels boost sales
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business -
Workers get a stake in their company under employee ownership model
Private equity executive Pete Stavros has emerged as an unlikely employee ownership advocate. He says giving the rank and file a stake in their companies is good for workers, and good for business.CBS News - Top stories
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Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending
Citigroup CEO Jane Fraser joined CNBC's Sara Eisen on Monday for an interview on the economy.CNBC - Business -
Israel launches strikes on Rafah, will send delegation to continue Gaza cease-fire talks
A White House spokesman said military operations in Rafah "could potentially put more than a million innocent people at greater risk."CNBC - Business - Israel -
Ex-CEO Howard Schultz says Starbucks needs to revamp its stores after big earnings miss
In its latest quarter, Starbucks reported a surprise decline in same-store sales and slashed its full-year forecast.CNBC - Business -
Americans can't stop 'spaving' — here’s how to avoid this financial trap
"Spaving," or spending more to save more, can lead to excessive spending and high-interest credit card debt if you aren't careful, experts say.CNBC - Business -
Trump prosecutors keep witness schedule secret to avoid ex-president's attacks
Prosecutors are keeping the witness schedule secret until the eve of testimony, to prevent former President Donald Trump from targeting those slated to testify.CNBC - Business - Donald Trump