In significant business developments, pasta giant Barilla Group has announced the acquisition of Goodles, a mac-and-cheese brand co-founded by actress Gal Gadot. The deal sees the world's largest pasta company absorbing Gadot's venture, which was marketed as a healthier alternative.
Meanwhile, the auction for online retailer Very Group appears to be collapsing. Potential bidders, including Chinese e-commerce leader JD.com, have reportedly refused to meet the £2 billion asking price, signaling a potential end to the sale process. These events highlight shifts in the food and retail sectors, with major players consolidating brands and others facing challenges in achieving desired valuations.
Gal Gadot's Goodles Acquired by Pasta Giant Barilla; Very Group Auction Fails
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#deals #acquisitions #mergersOther digests
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