The joint venture brings together Sparc Group’s Aeropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica with JCPenney and its private brands.

JCPenney has merged with Sparc Group, the owner of brands including Aéropostale and Brooks Brothers, to form a new apparel powerhouse called Catalyst Brands.

The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.

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Stellantis has announced the completion of a majority investment by a private equity firm One Equity Partners (OEP) in Comau.

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Kyle Larson is at the center of discussions surrounding the possible merger between High Limit Racing and the World of Outlaws. The future of sprint car racing could be transformed hugely as they ...

Honda's shares soared after the company said it was in talks to merge with rival automaker Nissan. Honda's stock went up as much as 17% when local markets opened on Tuesday, a day after it ...

Mitsubishi Motors, whose representatives were also present at Monday's announcement, said it may join the merger. Nissan is Mitsubishi's largest shareholder. "Nissan and Honda will start the ...

Through the merger, the two companies plan to integrate R&D functions, streamline production bases, and achieve cost-efficiency, and achieve synergies in areas such as hybrid cars and electric ...