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Business Report: Petco owners reportedly weighing $6 billion sale or IPO

September 10, 2020 - Elle Decor taps Asad Syrkett as editor-in-chief
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Petco owners reportedly weighing $6 billion sale or IPO
CVC Capital Partners and Canada Pension Plan Investment Board are exploring a sale or initial public offering of Petco that could value it at $6 billion, including debt, Bloomberg News…
Elle Decor taps Asad Syrkett as editor-in-chief
Hearst Magazines has named Asad Syrkett editor in chief of the US edition of Elle Decor....
TikTok's owner reportedly in talks with US to avoid a sale of the app
TikTok's Beijing-based parent company is reportedly in talks with the US government about a possible deal...
NBCU names Bonnie Hammer vice chairman in wake of Ron Meyer scandal
NBCUniversal continues to shake up the ranks. The New York-based media giant promoted Bonnie Hammer, a...
J.C. Penney's landlords strike deal to rescue it from bankruptcy
J.C. Penney's landlords reached a tentative deal to rescue the beleaguered department store chain from bankruptcy...
US job postings rise to 6.6M in July, but hiring drops
US employers advertised more jobs but hired fewer workers in July, sending mixed signals about the...
Former Volkswagen CEO to face charges of organized commercial fraud
Former Volkswagen Chief Executive Martin Winterkorn will face charges of conspiracy to commit organized commercial fraud...
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