#acquisition

Rumour has it S&SPS if away to be sold off. who noticed some big dogs jumping ship already....

PepsiCo Director Loads Up: 184,646 Shares Added in One Day

Pohlad Piles Into Pepsi: Director’s Stake Jumps 74% as the Stock Slides

The Only Insider Buying PepsiCo: Pohlad’s 184,646-Share Move

While Wall Street Hesitates, a PepsiCo Director Adds 74% to His Position

https://www.intc.com/news-events/press-releases/detail/1784/intel-to-acquire-classiq-to-create-a-full-stack-quantum

GEN Restaurant Group is selling 47 of its U.S. Korean barbecue restaurants to Chubby Group. This deal will allow GEN to focus on its packaged food business for at-home preparation. The transaction will occur in four phases over 12 months. Chubby Group plans to relaunch the restaurants under new concepts. GEN will retain its brand name and three restaurants for internal purposes.

Cerritos, California

https://www.newsbreak.com/the-coconut-mama-317784482/4965905906674-california-based-korean-bbq-chain-plans-to-sell-47-restaurants

Is AT&T Next?

https://www.ft.com/content/5495d88b-b457-498a-bedd-64a954b538cd

In the world of M&A, you typically pay 20-30% above the current value of a public company to buy it. In other words, its in our best interest to be bought by SpaceX. Due your fiscal duty and make this sh-t happen. Especially since there's no other hope of raising our stock price.

Joint venture seeks to provide fiber, wireless connectivity for rural U.S. customers - Broadband Communities.

Now as separate company.. under AIP + TREW

Any news?

Eventually Fidelity will acquire Schwab?

Chevron moving forward in Argentina. Did executives make the right choice selling our acreage?

https://www.reuters.com/business/energy/chevron-uses-permian-playbook-breathe-life-into-argentinas-dead-cow-oil-region-2026-10-23/

If you needed any more confirmation that the merger between BB&T and SunTrust was a failure this is it. When Bill Rogers leaves in April 2027, there will be no one left of the original executive leadership team that was in place when the “Merger of Equals” was announced in early 2019. The formation of Truist from the name to the co-leadership structure will be a cautionary tale for how not to do a merger. The only people who benefited were the executive leadership who walked away with golden parachutes 🪂 or took early retirement packages that were very expensive. #ArrangedMarriage

Optimum Nears Restructuring Deal to Hand Keys to Creditors

Optimum Communications Inc. is closing in on a restructuring agreement with its lenders that will hand them control of the telecom provider and resolve litigation, according to people familiar with the matter.

Controlling shareholder Patrick Drahi and the lenders, which include Apollo Global Management Inc., Oaktree Capital Management and JPMorgan Chase & Co., have been negotiating how to deal with his equity stake in the restructured company. But the gap between what he was demanding and what creditors were willing to give him has shrunk recently, the people familiar said, asking not to be identified discussing private information.

Read More: Drahi, Optimum Lenders Clash Over Equity Split in Restructuring

The treatment of preferred shareholders, including Drahi, will be key to agree on a consensual deal, the people added. An agreement could be completed before the end of November, but talks are still ongoing, they added.

Representatives for Optimum, Apollo, Oaktree and JPMorgan declined to comment. The Wall Street Journal earlier reported the advance in negotiations.

Optimum’s long-running bid to restructure its debt stack has gone through a number of twists and turns. The company late last year accused its lenders of antitrust behavior for signing a cooperation agreement to stick together in negotiations with the company, allegedly blocking it from access to capital markets.

The tension increased in June, when Optimum told creditors they risked triggering more than $4 billion of tax liabilities, a potential massive blow to their recoveries, if they forced it into bankruptcy.

Last month, creditors sued the company demanding it unwind transfers they claim siphoned value out of their reach and into the pockets of insiders, including Drahi, who has an estimated net worth of $6.7 billion, according to the Bloomberg Billionaires Index.

Drahi owns about 28% of Class A shares in Optimum, formerly known as Altice USA. He also has 99.9% of the Class B shares, giving him about 90.5% of voting power, according to regulatory filings.

Optimum shares tumbled as much as 30% on Wednesday, and were trading down about 18% at 68 cents as of 1:37 p.m. in New York.

Shell and ExxonMobil are jointly exploring a sale of their 50% stakes in UK-based specialty chemicals joint venture Infineum, targeting an indicative valuation of about $8 billion, but the process is early and may not lead to a deal

What’s happening
According to the Financial Times and Reuters, Shell and ExxonMobil have appointed Bank of America to run a sale process for Infineum

The Oxfordshire‑headquartered company, founded in 1999, produces fuel and lubricant additives sold in roughly 90 countries, with products used in about one‑third of all vehicles worldwide and 70% of electric vehicles

Valuation and financials
Target valuation: ~$8 billion

Annual EBITDA: $700 million–$800 million

Implied multiple: ~10x–11.4x EBITDA

Potential proceeds: ~$4 billion gross to each parent if sold

This is a premium to BP’s $10.1 billion sale of 65% of Castrol in late 2025, which traded at ~8.6x EBITDA

Strategic context
The sale aligns with Shell’s plan to reduce its chemicals exposure by 2030 and refocus capital on oil and gas

ExxonMobil has not publicly commented on the strategy, but both owners must agree to any sale

The move comes amid industry pressures from electric vehicle adoption (reducing engine oil demand) and base oil oversupply

Status and outlook
Stage: Early, exploratory; no deal confirmed

Potential buyers: Private equity firms are expected to be among the main suitors

Market impact: Analysts expect limited immediate effect on crude oil or commodity markets, but a competitive auction could influence specialty chemicals valuations

In summary: Shell and ExxonMobil have placed Infineum on the sales block at an $8 billion target, but the process is preliminary, and a transaction is not guaranteed. The sale reflects both corporate strategy shifts and sector‑wide pressures in the lubricants and chemicals markets

Can someone please tell what happened when imperial announced layoffs first and then gave the operator ship of syncrude to suncor. what happened with the remaining employees?

which departments and employees got absorbed by suncor?

#wanted to know as same thing is going to happen to Kearl.

80 people were laid off this week

In addition, 500 roles were moved to Labcorp in a prenatal acquisition, though who knows how many of those Labcorp actually intends to keep.

Net/net, this 580 represents close to 25% of Myriad's total workforce

These days investors only care about AI. Did the private equity miscalculated here and didn't count with AI when they decided to buy Nielsen and do their thing?

I don't think anybody will buy into Nielsen if they decide to IPO today, nobody will care, markets are hot enough as they are already.

What's the plan B?

Well....Skullcandy is now owned by Bose. Wonder how this is all going to fall out? Bose already had a small group in Utah.

EBay is implementing another round of job cuts, impacting approximately 1,000 employees. This decision aims to streamline operations and concentrate resources on key strategic priorities. The company stated it will continue hiring in areas aligned with its strategy. This follows a previous reduction of about 800 employees in February. EBay recently acquired the clothing resale platform Depop.

San Jose, California

https://www.cnbc.com/2026/10/21/ebay-layoffs-workforce-cuts.html

People who were a high positions in imperial already joined Suncor.

Check linked in search type” Imperial to Suncor”

Seems Kearl is already divested and they will announce in 2028. Just like what happened with syncrude.

What will happen with people moving to Edmonton? Are we going to see worse situation?

Any associates in SMT hearing any credible info about us acquiring the MetLife site in Warwick near East Greenwich? Is that seriously happening? And which groups?

My team is barely hanging on to make it through bonus and then profit sharing.

Both of these companies need to strengthen their payment platforms before Stripe does their IPO.

A software company has recently reduced its workforce, occurring shortly after announcing an increased focus on artificial intelligence. This move is seen as a potential real-world demonstration of AI's impact on employment. The company previously held an "AI Week" to train employees on new technologies. Last month, it also acquired another AI-focused firm to accelerate innovation. The exact number of employees affected by these layoffs has not been disclosed.

Colchester, Vermont

https://www.sevendaysvt.com/news/a-colchester-tech-firm-has-been-leaning-into-ai-on-tuesday-it-announced-layoffs/

Vermont Information Processing has announced a reduction in force impacting employees at its Colchester facility. These layoffs follow the company's recent acquisition by Warburg Pincus and its purchase of Encompass Technologies. The company cited technological advancements reducing manual workload as a primary reason for the cuts. VIP is also transitioning to a product-led organizational model. The Vermont site will remain operational with remaining staff unaffected.

Colchester, Vermont

https://vtdigger.org/2026/10/20/layoffs-announced-at-vermont-information-processing-in-colchester/

https://broadbandbreakfast.com/debt-plagued-isp-optimum-close-to-handing-the-keys-to-lenders-resolving-litigation/

Today, October 21, 2026 — Optimum Restructuring Reaches Endgame

This morning Bloomberg and the Wall Street Journal both reported that Optimum Communications is close to a deal that hands control of the company to its lenders. The stock opened at $0.58, down roughly 32% overnight, and has partially recovered to around $0.66. The market is pricing in that existing equity is essentially worthless in the new structure.

The deal in broad terms: Apollo Global Management, Oaktree Capital Management, and JPMorgan Chase would receive equity in the reorganized company, effectively becoming its new owners. The ongoing litigation — the September lawsuit Apollo and Oaktree filed alleging fraudulent transfers — would be settled as part of the agreement.

Drahi's position: He was demanding $3B in equity in the restructured company; creditors were willing to give him roughly $500M. The WSJ reports "the gap has shrunk recently," meaning Drahi is conceding toward the creditors' number. How his preferred shares from the June $300M raise are treated is reportedly the last open issue.

What this means practically: A Chapter 11 filing is likely weeks away, not months. Once filed, Apollo, Oaktree, and JPMorgan are effectively running the company through the process, and a reorganized Optimum emerges with a dramatically reduced debt load and new ownership.

The restructuring is no longer a background risk — it's an imminent event. New ownership will be evaluating everything from leadership to strategy.

Insurance being sold off for $2.4billion.

Wonder if the Execs will take cuts running a smaller ship. The lucky folks will be off loading to another company and will get be getting pay rises.

Layoffs to happen again in Q2 and every year after until comcast is bought or merges.

Agilent Technologies will acquire Proscia for $240 million in cash. An additional $30 million may be paid based on future performance. Proscia provides digital pathology software and AI tools. This acquisition will enhance Agilent's position in the digital pathology market. The deal is anticipated to finalize in early fiscal year 2027.

Santa Clara, California

https://www.modernhealthcare.com/mergers-acquisitions/mh-healthcare-deals-live-updates/

This video examines Broadcom's controversial $61 billion acquisition of VMware in 2023, led by CEO Hock Tan. The deal followed Broadcom's established "franchise business" strategy: acquire companies with essential, deeply embedded technology, aggressively cut costs, and extract maximum revenue from customers who find it too expensive or complicated to leave.

Key impacts on VMware customers:

• Elimination of perpetual licenses: Within weeks of closing the deal, Broadcom moved customers toward subscription-based licensing, disrupting IT budgets and long-term infrastructure planning.
• Drastic price increases: Major customers, including AT&T, Fidelity, and UnitedHealthcare, reportedly faced price increases ranging from 300% to more than 1,000%.
• Forced product bundling: Broadcom consolidated more than 160 products into a handful of core bundles, requiring customers to pay for features and capabilities they may not need.
• Migration roadblocks: Changes to VMware's partner ecosystem and restrictions involving the VDDK (Virtual Disk Development Kit) reportedly made it harder for organizations to migrate virtual machines to competitors such as Nutanix or cloud providers.

Business and legal fallout:

• Several major corporations filed lawsuits against Broadcom over licensing changes, contractual disputes, and threats of service termination. Some cases resulted in confidential settlements.
• Broadcom faced widespread customer backlash and EU antitrust scrutiny, yet achieved its financial targets ahead of schedule.
• Despite the controversy, Broadcom's stock reached record highs, while VMware's operating margins improved significantly under the new ownership.

The central argument is that Broadcom doesn't necessarily need VMware customers to be happy. It needs them to stay. For many organizations, the cost, complexity, and operational risk of migrating away from VMware currently outweigh the financial pain of remaining.

Broadcom is betting that customer dependency, higher recurring subscription revenue, and future demand for AI infrastructure will continue to make VMware a highly profitable acquisition.

The question is whether customers will remain trapped indefinitely or whether Broadcom's aggressive monetization strategy will eventually drive enough organizations toward competing virtualization platforms to undermine its long-term business.

Video Link:

https://www.youtube.com/watch?v=NH1yGy0JSUA

Sword Health has initiated layoffs following its recent acquisition of Headspace. The company aimed to streamline operations and eliminate redundancies between the two organizations. While the exact number of affected employees is undisclosed, social media posts indicate cuts at various senior levels. The acquisition was a strategic move for Sword Health to expand its presence in the behavioral health market. This integration is part of Sword Health's broader strategy, potentially leading to a future IPO.

New York, New York

https://bhbusiness.com/2026/10/16/headspace-issues-layoffs-following-sword-health-acquisition/

Kaumil Gajrawala
Analyst, Jefferies LLC Q
Hey, everybody. First of all, Jamie, thank you for all your help over the, I guess, what's now been decades. And
Ramon, a question on the asset base and sort of following on with some of the answers to your questions on one
North America maybe being regional, a focus on agility, a focus on being fast. A lot going on in terms of
innovation and rightsizing. To what degree are you open to the idea of franchising some of these operations on
the beverage side, particularly maybe just from a regional perspective because it feels like many of the intentions
of what you're looking to accomplish, some of could be moved along by pushing sort of a re-franchising initiative.
So curious what you think about that. Thanks.
.....................................................................................................................................................................................................................................................................
Ramon L. Laguarta
Chairman & Chief Executive Officer, PepsiCo, Inc. A
Yeah, listen, we are – Kaumil, as I said, we're going after growth and margin with high speed and a very strong
sense of urgency. We are – at this point, we're open to all the ideas and we appreciate all the perspectives to
create shareholder value. So we'll listen, we'll do what's best for PepsiCo.

https://investor.pepsico.com/docs/default-source/investors/q3-2025/q3-2025-pep_transcript_kza87jr4cih3omqu.pdf

https://sammyguru.com/samsung-silicon-photonics-acquisition-tsmc/

With the sale of RAC and LightStream, the next logical target is Sheffield. Anyone hearing anything?

After the acquisition of touch surgery (which became digital technologies under surgical) , the surgical org became somehow isolated from the rest of Medtronic really forcing silos and no collaborations. It feels like they’re a different company to this date with such a toxic culture. Why did this happen?

ranking of AT&T’s worst decisions

1. 🥇 DirecTV — $67.1B
2. 🥈 Time Warner — ~$100B round trip
3. 🥉 Mexico — $4.4B acquisition + years of capex → $2B
4. Selling/monetizing towers too early
5. Xandr/AppNexus
6. Selling data centers just before the cloud/AI infrastructure bo-m
7. Giving up WarnerMedia/HBO/IP upside

Comcast is more the Roberts family business than any of you all realize. Brian holds one third of the all voting power. This company's direction is based solely on his whims.

Buying Sky was Brian's idea. Top 5 worst corporate acquisition of all time.

Sky became a bad acquisition because Brian let a personal vendetta against Disney jade his judgement. He got into a pi----g contest and drove up what Disney paid for Fox's assets by nearly $20 billion. That back fired because Disney did the same to him when he decided to buy Sky and he ended up paying double what it was worth. This crippled the rest of Comcast where it was unable to grow the company dure to the weight of more than $100 billion in debt.

This all dates back to another one of Brian's ideas the failed attempted a hostile take over of Disney 22 years ago. Disney is still pi---d about this and so is Brian.

Brian also decided to buy Time Warner. Another glorious disaster. Remember all the people layed off when that collapsed?

Buying NBC was also Brian's idea, not a terrible acquisition in the short term but ultimately a poor decision.

Brian realized a decade too late that TV is dead and his family business is failing because of it.

Acquiring Sky, a complete European company was the d-mbest move ever made by a US company. Europe is generally considered a laid back culture where people don’t hustle beyond work hours and extend their work and more priority is given to wlb, unlike US which is more capitalistic and squeezes the employees. Whoever suggested and approved the Sky acquisition should be blamed for where the company stands now.

Fox may have been a better acquisition, but Disney thwarted it. 40 Billion dollars spent for the acquisition and years of work integrating the systems which was just completed last year, but not one thought on whether the cultures would align between 2 geographically and politically different companies. Add to this the rise of AI and intense competition from FWA, fiber and satellite players - it’s as if Comcast has no leverage left on any front.

Thank goodness Elon doesn’t have have billions in order to compete ! Wait? What?

https://www.fool.com/investing/2026/10/14/elon-musk-says-spacex-just-bought-the-last-critica/

Do not be alarmed but according to the news, BlackRock has simultaneously taken over 150 CenterWell Health Clinics in a single day. No reported casualties as of yet. I am sure we will get more from the news media as more details come to light.