Latam Airlines Cleared to Depart Chapter 11 Under Creditors’ Control
A bankruptcy judge approved a chapter 11 exit plan for Latam Airlines Group SA that puts $5.44 billion of fresh capital into the Chilean business, moving it closer to ending…
Cosmetics Maker Revlon Files For Chapter 11
Revlon Inc. filed for bankruptcy, potentially ending a decadeslong bet on the beauty products company by Ronald Perelman, its billionaire controlling shareholder. Mr. Perelman bought Revlon in 1985 and built…
Zendesk Is in Settlement Talks With Activist Investor Jana
Zendesk Inc. ZEN -4.92% is in talks to settle with activist investor Jana Partners LLC, days after the software company ended an unsuccessful bid to sell itself. Zendesk and Jana…
Marc Lore’s Food-Delivery Startup Wonder Is Valued at $3.5 Billion After Capital Raise
Wonder Group, a food-delivery startup led by Jet.com founder Marc Lore, has raised hundreds of millions of dollars to expand the business at a time when the venture-capital market is…
Prologis to Buy Duke Realty in $26 Billion Deal, Including Debt
Prologis the world’s largest warehouse operator, agreed to buy rival Duke Realty in a $26 billion deal that highlights a widening gulf between those who think e-commerce growth has a…
Big Crypto Lender Celsius Freezes All Account Withdrawals
One of the largest crypto lenders, Celsius Network, told users Sunday night that it is pausing all withdrawals, swaps, and transfers between accounts due to “extreme market conditions.” “We are…
Mexico Takes Aim at Private Companies, Threatening Decades of Economic Growth
MONTERREY, Mexico—For the past 20 years, a 1,100-megawatt power plant owned by Spain’s Iberdrola SA outside Mexico’s industrial capital has kept the lights on for scores of companies such as…
Mexico Takes Aim at Private Companies, Threatening Decades of Economic Growth
MONTERREY, Mexico—For the past 20 years, a 1,100-megawatt power plant owned by Spain’s Iberdrola SA outside Mexico’s industrial capital has kept the lights on for scores of companies such as…
Western Digital Reaches Settlement With Activist Investor Elliott
Western Digital reached a settlement with activist investor Elliott Management Corp. that calls for the $19 billion company to consider splitting into two. The company said in a statement that…
Atlas Holdings to Buy Chicken Company Foster Farms
Foster Farms, a West Coast-based chicken company with $3 billion in annual revenue, has agreed to a takeover by private-equity firm Atlas Holdings and will install former Tyson Foods chief…
