Michael Kors Nears Deal to Buy Versace for Around $2.35 Billion 
 

Michael Kors is close to a deal to buy Italian fashion house Versace for around $2.35 billion-a deal that would put one of the glitziest names in high fashion in the hands of a budding American conglomerate known for affordable luxury.

 
Sirius XM to Buy Pandora in $3.5 Billion Deal 
 

Sirius XM agreed to buy Pandora Media Inc. in a deal valued at about $3.5 billion, as the two sides face increasing competition from Spotify and Apple Music.

 
Gold Giant Barrick Agrees to Buy Rival Randgold for $6 Billion 
 

Barrick Gold agreed to buy Randgold Resources for $6 billion in an all-share merger that will solidify Barrick as the world's largest gold company by production, with a dominant position in Africa.

 
Chipotle Gets "Real" In New Ads Focused on Fresh Ingredients 
 

Chipotle is launching a big ad campaign promoting its commitment to non-processed food as it looks to rehabilitate its image and become a lifestyle brand

 
Carrefour Denies Takeover Talks With Rival Casino 
 

French grocer Carrefour denied claims from rival Casino Guichard-Perrachon that it had approached its smaller competitor about a possible merger to create one of the world's largest retail giants.

 
Airlines Try to Whip Up Better Meals for Coach Fliers 
 

American Airlines is forming a partnership with the fast-casual dining chain Zoës Kitchen to offer a revised onboard menu for economy-class passengers.

 
Volkswagen to Test Self-Driving Vehicles Virtually 
 

Volkswagen plans to use computer-simulated test drives to accelerate the development of its autonomous vehicles and reduce time- and resource-intensive hardware tests.

 
Used-Car Sales Boom as New Cars Get Too Pricey for Many 
 

Rising new-car prices are pushing more buyers to the used-car lot, where they are finding a growing selection of low-mileage vehicles that are only a few years old.

 
For Comcast, the Next Test on Sky Is Convincing Investors 
 

Having secured control of European pay-TV giant Sky PLC, Comcast now must persuade investors that it didn't overpay and that the deal will accelerate its growth.

 
Sky Loss Is a Disappointment for Disney Ambitions 
 

Walt Disney didn't win Sky as part of its acquisition of 21st Century Fox assets, but the end to the unusual bidding war leaves rival Comcast paying a sum that will benefit Disney as a minority owner of the British pay-TV operator.

(END) Dow Jones Newswires

September 24, 2018 09:15 ET (13:15 GMT)

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