BARCELONA, June 21 (Reuters) - Barcelona, a top Spanish holiday destination, announced on Friday that it will bar apartment rentals to tourists by 2028, an unexpectedly drastic move as it seeks to rein in soaring housing costs and make the city liveable for residents. The city's leftist mayor, Jaume Collboni, said that by November 2028, Barcelona will scrap the licences...

11:27 AM EDT, 06/21/2024 (MT Newswires) -- KKR & Co ( KKR ) said Friday it agreed to acquire Superstruct Entertainment, a company that owns and operates music festivals in Europe and Australia, from Providence Equity Partners. Financial terms of the deal weren't disclosed. Under the deal, Providence has an option to invest 250 million euros, or about $267 million,...

11:29 AM EDT, 06/21/2024 (MT Newswires) -- K-Bro Linen Inc. ( KBRLF ) said Friday it closed the purchase of Buanderie C.M. Inc., a private laundry and linen operator serving the healthcare market, for an enterprise value of $12 million, on a cash-free, debt-free basis. The deal includes the real estate for C.M.'s processing and storage facilities in North Montreal....

11:22 AM EDT, 06/21/2024 (MT Newswires) -- McDonald's (MCD) faces US sales pressures and value perception concerns but is positioned for improvement in H2 and 2025, UBS said in a note Friday. McDonald's can improve its pressured value perceptions with a renewed value focus, its scale and marketing advantages, strong core value attributes, and a history of solid performance during...