Mars to pump $2B into U.S. manufacturing
Mars announced on Tuesday that it plans to invest $2 billion in its U.S. manufacturing operations throughout the country by the end of 2026.
Chevron clears hurdle, seals $53B Hess acquisition
HOUSTON (AP) — Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade. Chevron said Friday that it completed its acquisition of Hess shortly after the ruling from the International Chamber of […]
Amentum completes sale of Rapid Solutions for $360M
Amentum has completed the sale of its hardware and product business, Rapid Solutions, to Lockheed Martin for $360 million.
CohnReznick acquires Henrico CPA firm
CohnReznick announced Tuesday that it has acquired Glen Allen-based certified public accountant firm Piascik & Associates.
Parsons acquires CTI for $89M
Parsons announced Tuesday that it has acquired Maryland-based Chesapeake Technology International for $89 million.
Report: EU set to launch antitrust probe of $35.9B Mars-Kellanova deal
The European Union's antitrust watchdog is expected to launch a full-scale investigation into Mars' $35.9 billion acquisition of Kellanova.
Schewels Home acquires 100-year-old Petersburg retailer
Lynchburg retailer Schewels Home announced that it acquired Petersburg-based Butterworth’s Furniture, which has been in business since 1925.
Doma Technologies, 2 other bizs merge to form health tech contractor
Doma Technologies, Livanta and Advanta Government Services have merged and rebranded as Commence, a health care tech contractor based in Virginia Beach.
Leidos acquires Chantilly AI tech biz for $300M
Reston-based federal contractor Leidos announced Wednesday it has acquired Kudu Dynamics, a business based in Chantilly that builds AI-powered cybersecurity tools for defense customers, for $300 million.
Clark Nexsen acquired by Maryland firm
Virginia Beach architecture and engineering firm Clark Nexsen has been acquired by Maryland-based engineering, architecture and related services company Johnson, Mirmiran & Thompson.
EU regulators to decide on Mars-Kellanova merger in June
Antitrust regulators with the European Union have set a June 25 deadline to decide whether to approve McLean-based candymaker and pet care giant Mars' $35.9 billion acquisition of snack producer Kellanova, announced last August.
Sands Anderson absorbs Virginia Beach law firm
Richmond-based law firm Sands Anderson on Thursday announced that it completed its merger with Virginia Beach-based law firm Frieden Seery Nuckols & Hahn.