Liana Baker

Buyout firm Advent International has agreed to acquire Sauer Brands Inc., the owner of the Duke’s mayonnaise brand, from Falfurrias Capital Partners, according to people with knowledge of the matter.

Happy Monday. It’s Liana Baker in New York. In today’s newsletter, we wrap up the first merger Monday of 2025 with a spate of deals in the consumer, media and software sectors. Also, President Biden defends his decision to block the US Steel takeover on national security grounds.

Liana Baker and Gillian Tan 2 min read (Bloomberg) -- Buyout firm Advent International has agreed to acquire Sauer Brands Inc., the owner of the Duke's mayonnaise brand, from Falfurrias Capital Partners.

Getty Images Holdings Inc. agreed to acquire rival stock-photo provider Shutterstock Inc. in a deal that would create a combined company worth about $3.7 billion including debt.

Paychex Inc. agreed to acquire rival payroll processor Paycor HCM Inc. for about $4.1 billion in cash, including debt.

Liana Baker, Ryan Gould and Ian King 2 min read In This Article

Hi, it’s Liana Baker in New York and Aaron Kirchfeld in London. Today we’re speaking to the chief executive of an under-the-radar engine maker about its dealmaking ambitions. Elsewhere, Cleveland-Cliffs’s CEO returns to form and Equistone pauses fundraising.

NetApp Inc. has agreed to sell a portfolio of cloud software assets it acquired in recent years to Thoma Bravo-backed Flexera, according to people familiar with the matter.

NetApp Inc. has agreed to sell a portfolio of cloud software assets it acquired in recent years to Thoma Bravo-backed Flexera , according to people familiar with the matter.

Hi, it’s Liana Baker in New York. Today, I’m chatting with an activist investor in the energy space, who expects natural gas deals to play a larger part in M&A. Elsewhere, investors seek funds to rival the NBA.