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Papa John’s reviews $1.5 billion takeover bid from Qatari-backed fund

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Papa John's reviews $1.5 billion takeover bid from Qatari-backed fund

Papa John’s International is reportedly reviewing a new proposal to take the company private in a potential $1.5 billion acquisition, according to Reuters. 

Irth Capital Management, a Qatari-backed investment fund supported by Brookfield Asset Management, reportedly submitted the proposal on Wednesday, offering $47 per share, a 44% premium over the stock’s most recent closing price.

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Following the announcement, the stock surged by a significant 15%, closing around $38.86. 

The bid comes after Papa John’s has been pursuing a turnaround strategy following years of weak demand under multiple CEOs.

BAHAMA BREEZE TO CLOSE ALL ITS RESTAURANTS

Papa John's

Papa John’s International Inc. signage is displayed on top of a delivery vehicle. (Luke Sharrett/Bloomberg via Getty Images / Getty Images)

Irth Capital, a relatively new firm founded in 2024 and backed by a member of the Qatari royal family, reportedly already holds about a 10% stake in Papa John’s

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Led by co-founders Sheikh Mohamed bin Abdulla Al-Thani and Matthew Bradshaw, the firm is working alongside Brookfield Asset Management on a high-stakes offer that, if successful, would mark one of Irth’s first major transactions, Reuters said.

Ticker Security Last Change Change %
PZZA PAPA JOHN’S INTERNATIONAL INC. 38.86 +6.32 +19.42%

The potential acquisition would become one of the firm’s first major deals, following a period of financial recovery and previous failed buyout attempts by other investors, including Apollo Global, which had partnered with Irth last year on a joint offer exceeding $60 per share.

RESTAURANT GIANT FILES FOR BANKRUPTCY UNDER MASSIVE DEBT SHORTLY AFTER TOUTING MAJOR EXPANSION

Papa John's Dragon Flame Pizza with garlic sauce

Papa John’s Dragon Flame Pizza is seen in an advertisement. (Papa John’s)

Mounting speculation about the company’s future has also prompted activist investor Irenic Capital Management to build a stake in the pizza chain, according to the outlet. 

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While the bid is significant, there is no guarantee of an agreement as the pizza giant remains open to other potential buyers. 

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Papa John Schnatter

Papa John Schnatter is the founder and former chairman and CEO of Papa John’s International (PZZA).

Papa John’s has previously struggled with weak consumer spending and tough competition in the pizza industry, specifically among North American restaurants.

In the last quarter, the company reported a 5.4% drop in North American same-store sales. To improve profitability, it announced plans to close roughly 300 underperforming restaurants in the region by the end of 2027.

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Reuters contributed to this report.

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WhatsApp Launches Preteen Accounts That Adds Safeguards, Require Parent Management to Use

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WhatsApp to Roll Out Close Friends Feature for Status Updates
WhatsApp to Roll Out Close Friends Feature for Status Updates

WhatsApp is bringing preteen accounts to its platform, which essentially expands the age of eligibility to use the instant messaging app.

WhatsApp Launches Preteen Accounts for Younger Users

WhatsApp announced in its latest blog post that it is now lowering the age of eligibility among users to use the platform, launching the new “preteen accounts” that will open up the platform to younger users.

The latest preteen accounts will let users below 13 to use the platform and its features, including instant messaging, calls, and more. However, this access will come with specific controls and limits.

WhatsApp revealed that there will be safeguards for the preteen accounts, with the platform’s end-to-end encryption still promising privacy to users.

According to WhatsApp, the experience will center around parent-managed accounts for preteen users, ensuring that their children remain safe on the platform.

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WhatsApp Preteen Accounts Require Parent Management

WhatsApp will require a preteen account to be set up with their parent or guardian’s account, which it calls “parent-managed accounts.” This is mandatory for users who are under 13.

To create the account, parents or guardians need to have their device and their ward’s side by side to link the accounts. After linking the accounts, parents or guardians may now set up the limitations to the preteen account.

Here, they may select the contacts their children can talk to, as well as which groups they can join.

Parent accounts may be able to review message requests from unknown contacts and choose to allow or delete these contacts.

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WhatsApp said that parental controls and the app’s settings may only be accessed or changed by the parent, as it will remain PIN-protected.

Originally published on Tech Times

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John Hancock Infrastructure Fund Q4 2025 Commentary (JEEIX)

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John Hancock Infrastructure Fund Q4 2025 Commentary (JEEIX)

A company of Manulife Investment Management, John Hancock Investment Management serves investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship. Note: This account is not managed or monitored by John Hancock Investment Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use John Hancock Investment Management’s official channels.

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NewEdge Advisors Acquires $6 Billion Alabama RIA Led by Former UBS Advisor

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NewEdge Advisors Acquires $6 Billion Alabama RIA Led by Former UBS Advisor

NewEdge Advisors Acquires $6 Billion Alabama RIA Led by Former UBS Advisor

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Amid market volatility, Neeraj Dewan sees opportunities in these three sectors

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Amid market volatility, Neeraj Dewan sees opportunities in these three sectors
The Indian stock market has entered a volatile phase after a brief period of stability, as rising geopolitical tensions and concerns over energy prices weigh on investor sentiment. While markets had begun to stabilise following a trade deal announcement earlier, renewed uncertainty linked to the West Asia crisis has once again unsettled investors.

At the same time, an unusually early onset of summer has opened up multiple investment themes—from consumer durables to power demand—leaving investors wondering where the real opportunities lie.

Market expert Neeraj Dewan believes the environment calls for caution but also offers selective opportunities for investors willing to take a longer-term view.

Volatility Returns After Brief Stability

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Markets had been witnessing broader participation after the trade deal announcement, but the last two weeks have reversed that trend as geopolitical risks intensified.

“Last two weeks have not been great at all for the market. Post the trade deal announcement, things were improving steadily and you were seeing some wider participation in the market. But then last two weeks have been again with all this war situation and the crisis there, things have become totally different right now.”
The uncertainty around crude oil prices is particularly important for India and other Asian economies that depend heavily on imported energy.
Energy, Defensives Offer Tactical Opportunities
Despite the volatility, Dewan believes certain pockets of the market could benefit in the near term—especially energy companies and defensive sectors.
“There can be some short-term opportunities which can be in the form of energy company, something like you mentioned ONGC, whether it is Coal India or the other power companies which have their own coal mines, so there are opportunities there. And defensives may also again come into play. There are FMCG companies where again people will go for defensives right now.”

Companies such as Oil and Natural Gas Corporation and Coal India could benefit from rising energy prices, while defensive sectors like FMCG and pharmaceuticals may attract investors seeking stability.

“There are pharma companies which if you are getting dips there, those are also opportunities because pharma is one space which has been strong post covid and which may remain strong going ahead also.”

Patience Key for Long-Term Investors
Dewan cautioned that investors should avoid rushing into the market despite the corrections being seen in many stocks. “If you are an investor who has some surplus cash in this kind of a market, you do not need to be in a hurry to buy right now because you are getting better opportunities on a daily basis. Stock that you like are correcting on a daily basis.” He added that investors should stagger their investments and remain prepared for a prolonged period of volatility.

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“One needs to be a little more cautious in putting in money but definitely put in small amounts on dips, but then this can be a long haul because you have not seen this kind of a war before.”

Food Delivery Platforms Attractive for Long-Term
Dewan also sees long-term potential in India’s food delivery platforms, even though the stocks may remain volatile in the near term. Platforms like Swiggy and Zomato have corrected recently, creating what he believes could be a gradual accumulation opportunity.

“For a person who has the money and he stays invested for two to three years, I think these are opportunities. Because of this specific event, the stocks have corrected and so these are opportunities where one can accumulate slowly these. Of the two, I like Eternal more. So, I would be looking at that.”

Auto Stocks Correct, But Structural Story Intact
The correction in auto stocks has also caught investor attention, especially with the growing electric vehicle (EV) theme. Dewan highlighted companies like Mahindra & Mahindra and TVS Motor Company as strong long-term portfolio names. “These are good companies, these are portfolio stocks and some events like this make them correct. So, for a portfolio investor definitely these are opportunities.”

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However, he warned investors not to assume the correction is over. “Do not expect that you buy them today and you will not see another correction. If you are prepared that you can buy on dips, you can add more if the stock falls more and stay invested for a couple of years, I think these are good opportunities.”

Consumption Outlook Faces Short-Term Noise
Recent data had shown strong consumption trends following GST cuts and tax relief measures, but Dewan expects some short-term disruption due to geopolitical uncertainty and seasonal liquidity pressures.

“This quarter there can be some dip because of all this noise that is coming and March anyways there is liquidity also which gets sucked because of advance tax.”

Still, he believes domestic fundamentals remain largely intact. “I am not saying that there is any basic problem domestically. Domestically things are good. GST cut, income tax advantage that we got last budget, there are a lot of things which are going to play for the domestic market.”

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PSU Energy Stocks Back in Focus
Finally, Dewan pointed to opportunities in select public sector companies, particularly in energy and mining. “Energy stocks from the PSU basket and even mines and mineral companies there you are getting corrections, maybe an opportunity for a long-term investor.”

Companies such as NTPC and NTPC Green Energy could also see investor interest as energy markets tighten. “The way crude and gas prices are going up, I think they can get some benefit from them.”

While markets remain uncertain due to geopolitical developments and rising energy costs, Dewan believes the correction is opening selective opportunities. For investors with patience and a long-term horizon, gradual accumulation in quality stocks—especially on declines—may prove rewarding once the global situation stabilises.

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Dine Brands Global, Inc. (DIN) Presents at UBS Global Consumer and Retail Conference Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Dennis Geiger
UBS Investment Bank, Research Division

Great. Good afternoon. I’m Dennis Geiger, restaurants analyst at UBS, and I’m pleased to welcome and excited to have with us on stage, John Peyton, Dine Brands’ CEO; Vance Chang, Dine Brands CFO; Lawrence Kim, President of IHOP; and also in the audience and in meetings today, Matt Lee of Investor Relations.

I want to also thank the team for the IHOP Swag mugs. It’s a little bit of a gift, I guess, to everyone that’s stuck around till 4:30. So we appreciate that team. Dine Brands owns and franchises over 3,500 restaurants globally across family dining, casual dining and the fast casual categories, including over 200 international restaurants. The brand portfolio includes over 1,800 IHOP locations, over 1,500 Applebee’s locations and about 100 Fuzzy’s Taco Shops, I believe, or so. And with that, John, Lawrence and Vance, thanks so much for being here today. We appreciate it.

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Atlassian Announces 1,600 Job Cuts as Part of Company’s AI Push

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Atlassian
Atlassian
William Liu / Unsplash

Atlassian has announced that it will be cutting 1,600 jobs as part of its artificial intelligence push.

Staff were reportedly informed about the job cuts through email by CEO Mike Cannon-Brookes.

Atlassian Cuts 1,600 Jobs

According to Sky News, the 1,600 jobs that are to be cut represent 10 per cent of Atlassian’s workforce.

30 per cent of these 1,600 jobs, which is equivalent to 480 jobs, are all based in Australia.

In the email sent to employees, Cannon-Brookes explained the reason why the company chose to cut jobs.

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“We are doing this to self-fund further investment in AI and enterprise sales, while strengthening our financial profile,” he said.

While Cannon-Brookes said that the decision was the right one to make, he likewise acknowledged how it is a very challenging one as well.

Atlassian as an ‘AI-First Company’

According to news.com.au, Cannon-Brookes said that Atlassian is reframing itself as an “AI-first company.”

“Our approach is not “AI replaces people,’” he told employees. “But it would be disingenuous to pretend AI doesn’t change the mix of skills we need or the number of roles required in certain areas. It does.”

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“This is primarily about adaptation,” the CEO added. “We are reshaping our skill mix and changing how we work to build for the future.”

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Meghan Markle, Prince Harry Will Travel to Australia Next Month to Attend Separate Events

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Prince Harry and wife Meghan Markle were involved in a "near catastrophic car chase" involving paparazzi in New York late on May 16, 2023, a spokesperson for the couple said May 17
Prince Harry and wife Meghan Markle were involved in a "near catastrophic car chase" involving paparazzi in New York late on May 16, 2023, a spokesperson for the couple said May 17
IBTimes US

Prince Harry and Meghan Markle are heading back to Australia.

The Duke and Duchess of Sussex are set to make solo appearances in the country next month.

Meghan Markle Headlines Luxury Retreat

The Duchess of Sussex is set to be the guest speaker at the Her Best Life Retreat, which is hosted by Jackie ‘O’ Henderson’s events company Besties. It will take place at the InterContinental Hotel at Coogee Beach from April 17 to 19.

“We are beyond excited to announce that @meghan, Duchess of Sussex will be joining us as the special guest at the Her Best Life Retreat,” Her Best Life announced on Instagram.

The post added, “This is going to be an unforgettable weekend designed for women who want to reconnect, recharge, laugh, learn and have some serious fun.”

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The three-day retreat is already creating a lot of buzz online, specifically because of the ticket prices. According to Sky News, ticket prices cost $3,300.

Those who attend the luxury retreat will have the opportunity to attend a gala dinner and have a conversation with Meghan.

Prince Harry Set to Appear in Melbourne

Prince Harry, on the other hand, is set to be the keynote speaker at the InterEdge Psychosocial Safety Summit, which will take place in Melbourne.

According to PEOPLE, Prince Harry is expected to talk about workplace mental health at the summit, which is scheduled to take place from April 15 to 16.

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Ticket prices begin at $1,978. Proceeds of the ticket sales will benefit Lifeline Naarm, a 24/7 crisis support and suicide prevention service.

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'Heating oil suppliers are holding us to ransom'

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'Heating oil suppliers are holding us to ransom'

People across the South East say the cost of heating their home soared after war broke out in Iran.

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Review: Forests, fine fare and friendly faces

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Review: Forests, fine fare and friendly faces

REVIEW: The forests, coastline and excellent regional produce are the hallmarks of a great break down south.

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William Basta Builds Responsible Health Ventures Across Longevity Markets

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William Basta Builds Responsible Health Ventures Across Longevity Markets

The longevity market is expanding across clinics, supplements, peptides, and consumer wellness platforms. As capital flows into the space, regulatory scrutiny continues to increase. Within that landscape, William Basta has positioned himself within a cohort of operators focused on prevention, structured oversight, and long term credibility rather than rapid expansion.

William Basta functions within the convergence of integrative medicine, ethical manufacturing, and technology-driven healthcare systems. His enterprise includes precision longevity clinics, consulting with early-stage biotechnology companies, and consumer wellness goods. The unifying factor across all of these activities is that health must be developed through systems, documentation, and accountability.

A Systems First Approach to Longevity Care

William Basta is the founder of Nívana Health, a precision longevity clinic centered on proactive care and healthspan optimization. The clinic integrates advanced diagnostics, clinical oversight, and regenerative health principles into a preventive framework.

Rather than treating symptoms after measurable decline, the model emphasizes early intervention. It focuses on immune function, inflammation balance, metabolic efficiency, and ongoing biomarker analysis. This structure reflects a broader belief that longevity is not a single intervention. It is a coordinated system requiring data, interpretation, and accountability.

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Biomarker-based systems are becoming increasingly important in integrative medical offices. By using a variety of tests, including blood tests for inflammation and other types of metabolic and recovery tests, physicians can detect small changes in a patient’s health before they develop any issues. The goal of using these systems is to make gradual changes over time through modified treatment regimens rather than jumping into a patient’s treatment too quickly.

Will Basta has emphasized that preventive models require infrastructure. Data collection must be standardized. Clinical oversight must remain consistent. Patient education must be ongoing. Without those elements, longevity care risks becoming fragmented or purely transactional.

Longevity clinics across the country are refining these systems. The focus is shifting from episodic visits to longitudinal care relationships. Structured follow up, repeat testing, and documented outcomes create feedback loops that strengthen both patient results and operational stability.

Collaboration with Medical Leadership

In human health ventures, William Basta has worked alongside Dr. Ajit Dhaliwal, co-founder of RHPNY, a longevity focused integrative medicine clinic. That collaboration reflects his belief that physician leadership strengthens governance and quality control.

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Clinical environments expose patterns that cannot be observed in isolation. Immune variability, inflammatory trends, recovery responses, and metabolic adjustments reveal how systems interact over time. Work alongside Dr. Dhaliwal has reinforced the importance of structured protocols and responsible scaling.

Physician collaboration also strengthens regulatory awareness. In peptide, regenerative, and supplement markets, unclear positioning can invite scrutiny. Clear documentation, appropriate claims, and professional oversight reduce exposure.

Medical collaboration does not eliminate complexity. It introduces accountability. Oversight, documentation, and structured review create boundaries that protect both patients and ventures.

The Peptide Industry and Regulatory Discipline

The peptide industry has expanded rapidly in recent years. Interest in regenerative support, recovery optimization, and immune modulation has driven growth. However, regulatory clarity has not always kept pace with commercial enthusiasm.

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William Basta has noted parallels between early supplement markets and current peptide distribution channels. When labeling lacks precision or sourcing is opaque, trust deteriorates. Unverified suppliers and inconsistent testing create risk not only for consumers, but for the long term viability of the sector.

One of the central concerns in peptide markets involves contamination and purity verification. Batch level validation, heavy metal screening, microbial testing, and third party laboratory confirmation are essential safeguards. Without structured testing protocols, dosage accuracy and compound stability cannot be reliably confirmed.

In addition to contamination risks, formulation integrity presents another challenge. Underdosed compounds, improper storage conditions, and inconsistent handling can compromise outcomes. Responsible operators invest in documentation that tracks sourcing origin, transport conditions, storage parameters, and expiration timelines.

William Basta has emphasized that compliance awareness must evolve alongside growth. Responsible language, avoidance of exaggerated claims, and clarity around intended use protect consumers and companies alike. The absence of restraint has historically resulted in enforcement actions that affect entire categories, not just individual brands.

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The supplement industry provides precedent. Periods of rapid expansion were followed by increased scrutiny when documentation and labeling standards lagged. The peptide sector faces a similar inflection point. Structured testing, transparent sourcing, and disciplined communication may determine which companies endure.

From Human Longevity to Pet Wellness

The extension of William Basta’s systems approach into pet health occurred through Zoedi Life, a pet wellness brand co-founded with partners Alex and Brady. Their experience in rescue work influenced the brand’s preventive orientation.

Zoedi Life focuses on immune resilience and foundational system support rather than reactive symptom targeting. The philosophy mirrors preventive longevity models in human care. Small physiological shifts, when unaddressed, can accumulate over time.

The pet supplement market has experienced substantial growth. However, formulation standards vary widely. Some products rely on proprietary blends with limited transparency. Others emphasize marketing narratives over documented dosing.

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William Basta has applied disciplined sourcing standards within Zoedi Life. These include full ingredient transparency, supplier documentation, heavy metal screening, microbial testing, and stability validation. Clean manufacturing environments and appropriate labeling language are part of the framework.

The objective is not to position supplements as treatment substitutes. The emphasis is daily foundational support within responsible boundaries. This distinction matters in an environment where regulatory expectations continue to evolve.

Investment Criteria in Emerging Health Ventures

When evaluating emerging ventures, William Basta prioritizes biological plausibility, infrastructure discipline, regulatory awareness, ethical sourcing, and long term defensibility. These criteria function as filters in a market often influenced by trends.

Biological plausibility refers to mechanism. A product or platform must align with established physiological understanding. Infrastructure discipline refers to operational integrity. Governance structures, documentation systems, and oversight processes must exist before scale accelerates.

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Regulatory awareness is equally important. Ventures that anticipate compliance requirements reduce downstream disruption. Ethical sourcing ensures that ingredient origin, supplier standards, and testing protocols meet documented thresholds.

Will Basta applies these principles across digital health, diagnostics, telemedicine, and applied artificial intelligence initiatives. The objective is sustainable growth grounded in measurable frameworks rather than short term visibility.

Responsible Scaling in Consumer Wellness

Consumers are becoming more knowledgeable about products and demand greater transparency, so it’s vital that manufacturers provide accurate information.

Consumers are scrutinizing product labels, making claims about products and investigating the supply chain for each component used to produce an item.

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William Basta defines regulation as both a biological approach to protecting the body and a method of developing a business.

By using precise labeling, rational dosing systems, and documented sourcing methods, you will have a stable business model regardless of whatever happens in the regulatory environment related to your business.

A responsible growth strategy should also include self-restraint when communicating with consumers. Health products must be represented accurately to ensure they are not overstated or implied to be a substitute for being under physician supervision.

The health market is likely to see consolidation as consumer expectations become more defined.

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Brands that have well-established processes for testing their products and a formal governance structure will be better positioned to take advantage of this shift.

Building Health Infrastructure Beyond Products

Beyond clinics and supplements, William Basta is developing Project Oasis, an initiative exploring how environment and community design influence health trajectories. The premise recognizes that healthcare access alone does not determine outcomes.

Physical environment, social cohesion, access to preventive education, and community infrastructure shape long term wellness. Longevity frameworks that ignore these variables remain incomplete.

Across his ventures, the pattern remains consistent. Prevention over reaction. Structure over impulse. Documentation over assumption.

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The longevity market will continue to expand. Integrative clinics are refining biomarker driven systems. Ethical manufacturers are strengthening contamination testing protocols. Peptide companies are clarifying sourcing and labeling practices.

Within that ecosystem, William Basta and Will Basta reflect a systems oriented approach that prioritizes oversight and long term impact. Collaboration with physician leaders such as Dr. Ajit Dhaliwal and engagement in ventures like Zoedi Life illustrate integration across clinical and consumer domains.

Discipline as the Foundation of Sustainable Growth

Consumers’ health markets will probably keep growing and developing in the coming years because there is a larger demand for preventive healthcare. There is much risk associated with expanding businesses without established infrastructure.

William Basta has always taken a considered approach to this apparent reality by establishing both integrative and alternative health clinics as well as developing platforms for pet wellness. His primary areas of focus are testing, transparency and governance. Basta plans to create infrastructure as a priority, followed by growth through his advisory and funding activities.

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Success in the future may not belong to those companies that are most aggressively pursuing growth; instead, it will likely go to those that take the time to properly document what they are doing, have their products tested and confirmed, engage with physicians within their community and communicate effectively.

Companies that want to gain long-term credibility will have the systems in place to do so, particularly as enthusiasm for the industry and regulation for the industry continue to shape this sector.

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