Aristocrat’s $3.7B Playtech bid underscores appetite for sports betting

  Aristocrat to Buy Playtech in $3.7 Billion Gaming Deal Harry Brumpton Mon., October 18, 2021, 3:14 a.m.·2 min read   (Bloomberg) — Australian slot-machine maker Aristocrat Leisure Ltd. has agreed to buy British gambling software developer Playtech Plc for A$5 billion ($3.7 billion). The offer values London-listed Playtech at 680 pence ($9.35) per share, […]

Dorel Industries shares jump after deal to sell bike division for $1-billion

The Globe and Mail JAREN KERR MERGERS AND ACQUISITIONS REPORTER PUBLISHED OCTOBER 12,  Montreal-based Dorel Industries has agreed to sell its bicycle division to Dutch transport conglomerate Pon Holdings for $1-billion, almost twice the amount a U.S. private equity firm offered for the whole company in January. The bike unit, Dorel Sports, is the company’s […]

Food-tech startup advised by Leonardo DiCaprio is valued at roughly $1.5 billion

Alternative-Milk Company Perfect Day Raises $350 Million, Prepares for IPO Ryan Pandya and Perumal Gandhi founded Perfect Day in 2014. PHOTO: PERFECT DAY By Corrie Driebusch Sept. 29, 2021 6:00 pm ET Perfect Day Inc. raised $350 million in a late-stage funding round, valuing the non-animal dairy startup at roughly $1.5 billion and setting the stage […]

U.S. Gym Chain seeks to go public – Company hard hit by the 2020 pandemic period and seeks to virtualize its offerings in response.

Life Time IPO could raise $1 billion at valuation of $4.1 billion   Bahram Akradi is CEO of Life Time. NANCY KUEHN   By Mark Reilly  –  Managing Editor, Minneapolis / St. Paul Business Journal Sep 29, 2021, 12:51pm EDT Life Time Group Holdings Inc., which is working to return to the public markets after years as a […]

Las Vegas – Blackstone to sell The Cosmopolitan resort and casino for $5.65 billion

Reuters Sept 27 (Reuters) – Blackstone Inc (BX.N) said on Monday it would sell its The Cosmopolitan of Las Vegas resort and casino for $5.65 billion. As part of the deal, MGM Resorts International (MGM.N) would buy the operations of The Cosmopolitan for $1.63 billion. MGM would also enter into a long-term lease agreement with a partnership among Stonepeak […]

These cozy dining cabins are made from hundreds of plastic bottles

  09-13-21 BY NATE BERG And they could be the future of disaster relief. On the street outside Peaches Kitchen & Bar in Brooklyn, New York, two translucent outdoor dining structures are now standing like oversized glowing lanterns. Like the outdoor dining spaces of other restaurants across the city and around the world, these structures […]