Michael Kors to Buy Jimmy Choo in $1.2 Billion Deal

The deal for Jimmy Choo came just months after Coach agreed to a $2.4 billion deal to buy the American handbag and accessories brand Kate Spade, apparently hoping that the combination of two affordable luxury brands could help it carve out new territory in a crowded market.Jonathan Buxton, the head of consumer and retail at Cavendish Corporate…
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K.K.R. to Buy WebMD and Take Majority Stake in Nature’s Bounty

WebMD provides health information services to consumers, health care professionals, health plans and others through a variety of online portals and publications.“Since its founding, WebMD has established itself as a trusted resource for health information,” Robert N. Brisco, the Internet Brands chief executive, said in a news release.“We look…
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Toyota Invests $100 Million in Fund for AI, Robotic Startups

Toyota Motor Corp. wants to smooth the oft-bumpy ride for startup companies and maybe find a few gems to acquire by forming a new venture capital business.Armed with an initial $100 million to invest, Toyota AI Ventures will seek companies that are taking on challenging research also being pursued by Toyota Research Institute, the carmaker’s…
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