Empire Codex

Over the wall 📶

Oh really: KKR’s 50% stake purchase in Cotiviti from Veritas will value the firm at up to $11 billion.

On premise: The emirate region has granted a license to Craft by Side Hustle to sell ferment alcoholic beverages for consumption on site.

Revenue risk: $200 billion a year revenue is at risk after Google lost an antitrust battle with Epic Games in late 2023.

On pause: Russia banned durum wheat exports until May 31, 2024 in an effort to maintain stable prices domestically.

Food tech: Wendy’s is expanding its automated drive-through technology.

More acquisition: KKR looking to spend £3 billion for Iris Software.

Hungry for more: Walgreens in talks on a £7 billion deal with Boots.

Paying back: Rogers sold $600 million Cogeco stake to CDPQ to repay debt.

Foreign transaction: Churchill Real Estate is selling a minority stake to Mitsubishi UFJ Trust and Banking Corp.

The review: $7 billion was pledged for global food system’s climate fight at the COP28.

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