Following the breakup, one company will be made up of its Heinz Ketchup and other iconic condiments and boxed meals 鈥 a unit that currently generates $15.4 billion in sales.
September 2, 2025Mergers News Updates
US Foods Calls for Talks After Performance Food Snubs Merger
鈥淥ur ask of PFG is to simply work together to further understand the merits and opportunities of a potential combination,鈥 US Foods聽CEO Dave Flitman said.
August 7, 2025CSX Working With Goldman Sachs to Explore Options, Sources Say
CSX is working with Goldman Sachs Group, people familiar with the matter said, as the company explores options to participate in rail consolidation after two major rivals announced a merger.
July 31, 2025Union Pacific to Buy Norfolk Southern in $85 Billion Deal
Union Pacific agreed to acquire Norfolk Southern, forming a transcontinental rail behemoth in what stands to be the industry鈥檚 largest deal ever.
July 29, 2025Albertsons Seeks Details on Ex-Kroger CEO鈥檚 Personal Conduct
Albertsons demanded that Kroger provide details on the personal conduct that led the company to replace its CEO, Rodney McMullen, who shepherded the grocers' failed merger.
July 28, 2025Chevron Cuts 575 Houston Jobs After $53B Hess Takeover
The reductions were handed down on July 18 and take effect Sept. 26, according to a filing with the Texas Workforce Commission on July 23.
July 23, 2025Union Pacific Said to Be Exploring Deal for Norfolk Southern
Union Pacific is exploring an acquisition of Norfolk Southern, setting up what could rank as the largest railroad deal ever, according to people familiar with the matter.
July 17, 2025Herc Rentals Closes $3.9 Billion Merger With H&E
鈥淭he acquisition of H&E accelerates Herc鈥檚 proven strategy and strengthens our position as a premier rental company in North America,鈥 said Herc CEO Larry Silber.
June 6, 2025US Steel Deal With Nippon Seen Closing by Merger Deadline
Nippon Steel and United States Steel are on pace to finalize their $14.1 billion combination with President Donald Trump鈥檚 administration ahead of a deal deadline later this month.
June 5, 2025Trending
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