M&A wrap: Whole Foods the next Starbucks?
Whole Foods is about to become the next Starbucks, writes Leigh Drogen. It is about to move from being an organic grocery store to a cultural icon.
Total, France’s largest oil company, bought a $2.32 billion stake in Ohio’s Utica shale region from Chesapeake Energy and EnerVest, Bloomberg reports.
Meet Ted Weschler, a Warren Buffett disciple who has become one of a few candidates to replace the Oracle of Omaha as chief investment officer at Berkshire Hathaway, Deal Journal reports.
Deal makers are growing confident that 2012 will be better for business than 2011, DealBook reports. Not only do they point to cheap financing and the large amounts of cash on corporate balance sheets, but they say that companies that have already cut costs may decide that they need to make acquisitions to drive growth in the face of a tepid economy.