Chipmaker Arm seeks to increase its listing price range ahead of its IPO, while Instacart aims to raise $660 million in capital. All eyes are on Apple's (AAPL) iPhone 15 launch event this week. Lastly, the J.M. Smucker Company (SJM) is set to buy Hostess Brands (TWNK) for $5.6 billion.Yahoo Finance's Julie Hyman highlights three of the morning's top headlines.
Celebrate summer with the best swimsuits from films throughout the years... -- Indian edtech titan Byju’s has made a surprise repayment proposal to lenders, in which the firm has offered to pay back its entire $1.2 billion term loan in less than six months, according to people familiar with the situation.
Vermilion expects to generate over $100 million of free cash flow from Australia in 2024 aided by the crude oil from Wandoo, which sells at a premium against benchmark brent crude. The Calgary, Alberta-based company has also completed maintenance at its Corrib facility in Ireland ahead of schedule and forecast production of 10,000 barrels of oil equivalent per day for the quarter ended Dec. 31. -- Instacart Inc. is targeting a valuation between $8.6 billion and $9.
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J.M. Smucker nears roughly US$5-billion deal to buy Hostess Brands, sources sayU.S. packaged food companies have seen an uptick in mergers amid fading pandemic-era fortunes and as benefits of price hikes start to taper off
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J.M. Smucker to Buy Twinkies Maker Hostess for $5.6 BillionJ.M. Smucker Co. agreed to acquire Hostess Brands Inc., the maker of Twinkies snack cakes, for about $5.6 billion, including $900 million in debt.
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J.M. Smucker to buy Twinkies-owner Hostess Brands in US$5.6-billion dealJ.M. Smucker said on Monday it will buy Twinkies-maker Hostess Brands in a US$5.6-billion deal, as major U.S. packaged food companies look to expand their brand portfolios with pandemic-era fortunes dwindling.
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Instacart to target valuation of up to $9.3 billion in IPO -sourceInstacart declined to comment. The Wall Street Journal was the first to report on Sunday on Instacart's IPO valuation target. The targeted valuation is a steep drop from the firm's $39 billion valuation in 2021, when the coronavirus pandemic was raging and doorstep delivery boomed.
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Instacart to target valuation of up to $9.3 billion in IPO -source(Reuters) - Grocery delivery service Instacart is targeting a valuation between $8.6 billion and $9.3 billion in its initial public offering, ...
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