Maple Leaf Foods Inc., the Canadian producer of foods from hamburgers to frozen pasta, has drawn bids for its bread unit from Grupo Bimbo SAB, Flowers Foods Inc. and several private-equity firms, three people with knowledge of the matter said.
Former U.S. Treasury Secretary Timothy Geithner is joining private-equity firm Warburg Pincus LLC after a quarter-century career in public service that was capped by his oversight of financial crisis rescues of Wall Street banks and General Motors Corp.
Timothy Geithner, the former U.S. Treasury secretary who supervised government bailouts of some of the largest companies after the 2008 financial crisis, agreed to join private-equity firm Warburg Pincus LLC after more than 25 years in public service.
Procter & Gamble Co. Chief Executive Officer A.G. Lafley, under pressure to revive the consumer- products giant, may have a willing buyer for its Iams pet-food unit in Meow Mix maker Del Monte Foods Co.
BlackBerry Ltd. co-founder Mike Lazaridis’s potential bid for the struggling smartphone maker would face a battle for financing with Canadian investor Prem Watsa, who’s looking to take it private with his own buyout.
Centerview Partners LLP’s Lisbeth Barron , an investment banker to media companies such as Martha Stewart Living Omnimedia Inc ., is departing after two years to join Berenson & Co., another New York-based advisory boutique.