Deal Dispatch

Updates From The Block NextEra Energy (NYSE:NEE) is planning to buy Dominion Energy (NYSE:D) for $66.8 billion. The all-stock transaction, which is pending regulatory approval, will be the third-largest energy company behind Exxon and Chevron. The combined enterprise value is approximately $420...

New On The Block Cigna CEO Brian Evanko stated that the insurer is exploring strategic options for eviCore, which manages medical claims and reviews prior authorization requests. Cigna also plans to stop selling health insurance plans to individuals starting in 2027, as the company “aims to...

New On The Block Bain Capital's Chindata China data center business boasts a valuation of about 30 billion yuan ($4.2 billion). Bloomberg reports that the potential buyers include Range Intelligent Computing, ByteDance, Guangdong HEC, Youzu Interactive, Beijing Capital and Inesa Group. Discussions...

New On The Block Starbucks (NASDAQ:SBUX) is brewing up some big decisions for its China business, including a potential stake deal that could fetch several billion dollars. The coffee giant has been quietly chatting with tech firms and private equity players, hoping someone might want a sip of its...

Hooters of America is huddling up with its creditors to cook up a bankruptcy restructuring plan. The famous BBQ wing chain has enlisted legal heavyweights at Ropes & Gray to prep the filing, according to Bloomberg. The court showdown could kick off within the next two months. Known for its...

New On The Block Sage Therapeutics, Inc. NASDAQ: SAGE) is officially exploring "strategic alternatives" to make shareholders happy. The process includes anything from a possible business combination to a full-on sale. Who’s interested? That would be Biogen Inc. (NASDAQ:BIIB), which submitted...

New On The Block Vera Bradley Inc. (NASDAQ:VRA) sales are down. The handbag brand’s largest shareholder, Fund 1 Investments LLC, isn’t happy about it. A Dec. 30 letter to the board referred to co-founder Barbara Bradley Baekgaard‘s designs as “iconic” and “...