International Business

The St. Louis-based has entered a definitive agreement to acquire Spectrum Brands Global Battery and Portable Lighting Business, which includes the brands Varta and Rayovac for $2 billion in cash.

McKenna will succeed David Cheesewright, who has been in the role since 2014 and recently announced his decision to retire from the full-time position.

Is this where we are headed? Will other retailers soon join 7/11, the nation’s largest convenience store chain, and become worried about federal immigration agents showing up, unannounced, and carting away undocumented workers and demanding paperwork from store managers to prove otherwise?

Markwins Beauty Brands announced the appointment of a new global president, Stefano Curti who assumed the role on Jan. 3. Current president and COO, Bill George will shift from the company’s day-to-day management and work with Curti until April 2018. Afterwards, George will become part of the City of Industry, Calif.-based company’s advisory board.

Generic maker Leading Pharma recently completed a financing transaction for $40 million of growth capital. The growth capital, led by Signet Healthcare Partners and Crestline Investors, will be used to expand the Fairfield, N.J.-based company’s pipeline and pay off debt.

Perrigo on Monday announced the appointment of Uwe Röhrhoff as CEO, effective Jan. 15, following the retirement of John Hendrickson.