Category : Corporate


Danone Buys Huel for €1bn in Major Nutrition Deal

French consumer goods giant Danone has acquired British protein shake maker Huel for €1 billion, with co-founder Julian Hearn set for a massive payout and actor Idris Elba among investors benefiting.

OnlyFans Owner Leonid Radvinsky Dies at 43

Leonid Radvinsky, the reclusive Ukrainian-American billionaire who owned OnlyFans, has passed away at age 43 following a long fight with cancer, the company confirmed.

Danone Buys Huel for €1bn in Nutrition Push

French food giant Danone acquires UK meal-replacement brand Huel for approximately €1 billion, marking a strategic move to expand its nutrition-focused portfolio under CEO Antoine de Saint-Affrique.

FCA Spends £1.8M on Staley Epstein Probe

The Financial Conduct Authority disclosed it spent nearly £1.8 million investigating former Barclays CEO Jes Staley's ties to Jeffrey Epstein, with costs covering legal and enforcement actions.

Musk Liable for Twitter Stock Drop, Jury Rules

A California jury ruled Elon Musk responsible for Twitter's stock plummet during his 2022 acquisition, awarding investors a potential multi-billion dollar verdict in a historic securities case.

Atlassian Lays Off 1,600 Staff, 500 Australians Affected

Software giant Atlassian has laid off 10% of its workforce, with nearly 500 Australian employees losing their jobs as the company pivots toward AI integration. Former staff describe sudden terminations and concerns about AI replacing human roles.

Unilever Food Sale Gets Mixed Reception as Strategy Shifts

Unilever's potential sale of its food brands, including Marmite and Hellman's, to McCormick has drawn cautious investor response. Analysts warn of long-term payoffs and execution risks as the company focuses on beauty and personal care.

Millennium India CEO Prakash Subramanian Departs

Prakash Subramanian, CEO of Millennium India, has stepped down from his role, marking a significant leadership change at the firm. The departure follows recent strategic shifts in the company's operations.

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