Deals resurgence, aid to Beirut, internal pushback at Nike
A series of blockbuster deals has led a resurgence in M&A activity since the start of July, and international donors agreed to fund €250m in emergency aid for Beirut after a chemical explosion devastated Lebanon’s capital. Plus, the FT’s US sports business correspondent, Sara Germano, explains why a group of employees at Nike have asked management to publicly acknowledge the company’s own internal shortcomings on equality before promoting the ideal to consumers.
Megadeals lead M&A revival as big companies bulk up
Future of Lebanon and entire region at stake, warns Macron
Black employees at Nike object to company’s new ad
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