L’Oréal Nears Majority Stake Acquisition in Indian Beauty Innovator Innovist

Global beauty giant L’Oréal is reportedly in advanced negotiations to acquire a majority stake in Innovist, the parent company behind the burgeoning Indian direct-to-consumer (DTC) beauty brands Bare Anatomy, Sun…

Elon Musk Found Liable for Misleading Twitter Investors in $44 Billion Acquisition Saga

A civil jury in California on Friday ruled that Elon Musk intentionally misled Twitter investors when he attempted to back out of his monumental $44 billion acquisition of the social…