NewsBite

Mergers & acquisitions

Advertisement
Hailey Bieber, 27, launched her Rhode beauty brand in 2022.

Hailey Bieber’s ‘glazed donut’ is a $1.5 billion gamble

The new owner of Hailey Bieber’s skincare company has a strong track record of connecting with Gen Z. But there are risks to this deal, the most significant of which is Bieber herself.

  • Andrea Felsted

Latest

Cox CEO Alex Taylor is the great-grandson of the company’s founder.

The $53b deal that started with a love letter

One of the biggest business deals of the year so far started around Valentine’s Day - but the courtship wasn’t straightforward.

  • Michelle F. Davis and Liana Baker
Jony Ive

This man designed the iPhone – now he’s trying to destroy it

While Steve Jobs was the visionary leader and inventor of the iPhone, Jony Ive was the person who made it sought after. Now he’s trying to take it down.

  • Matthew Field
2GB’s Ben Fordham is one of Nine’s biggest earners, after Ray Hadley [left] departed Nine in 2024.

Staff shake-up at 2GB, 3AW fuels sale speculation

The sales teams for Nine’s audio division, which houses the radio stations, are moving out of the media company’s headquarters in Sydney, Brisbane, Melbourne and Perth.

  • Calum Jaspan
The OpenAI deal thrusts Ive at the vanguard of AI — a technology driving the biggest industry shift since the iPhone’s arrival.

The man who designed the iPhone sells his secretive company to ChatGPT maker in $10b deal

OpenAI has recruited Jony Ive, the legendary designer behind Apple’s iPhone, to lead a new project for the artificial intelligence company that makes ChatGPT.

  • Mark Gurman and Shirin Ghaffary
Bally’s chairman Soo Kim has big plans for Star.

How Star’s new owners plan a major overhaul

Think of the new Star Entertainment properties as a cross between what they are today and ones that will more closely resemble monster-sized RSLs.

  • Elizabeth Knight
Advertisement
Bally’s Corporation chairman Soo Kim outside the Star Casino in Sydney.

‘Everything you knew is over’: Star casinos to ditch the glitz

Star Entertainment’s prospective new owner Bally’s boss Soo Kim says the Australian casino business will have to start life from scratch.

  • Supratim Adhikari and Elizabeth Knight
Taco Bell in Tamworth.

Guzman y Gomez isn’t the reason Taco Bell is getting axed, insists CEO

If the operator of KFC can’t make Taco Bell work in Australia, can anyone?

  • Jessica Yun
Mark Zuckerberg described the creation of the Facebook news feed in 2006 to facilitate “real connections to actual friends.”

‘Killer acquisitions’: Zuckerberg first witness in landmark US antitrust case

The billionaire owner of Meta said in federal court that his company’s social networks weren’t just about friends.

  • Josh Sisco and Kurt Wagner
A Gianni Versace SpA logo sits a above a window display at their store in the Galleria Vittorio Emanuele shopping mall in Milan, Italy, on Monday, Sept. 24, 2018. Handbag maker Michael Kors Holding Ltd. is nearing an agreement to buy Versace after the Italian fashion house known for its baroque designs drew interest from several suitors, people familiar with the plans said. Photographer: Francesca Volpi/Bloomberg

How Versace’s ‘blunder’ opened the door for Prada’s $2.3b takeover

Fashion executive John Idol made a big shift after acquiring Versace in 2018. It did not go to plan and now rival Prada has pounced.

  • Jeannette Neumann

Original URL: https://www.watoday.com.au/topic/mergers---acquisitions-1mpf