6:48 PM · 22 July 2024

Mattel gains after reports of potential acquisition 📈

Mattel
Stocks
MAT.US, Mattel Inc
-
-

The maker of the iconic Barbie brand Mattel (MAT.US) is gaining nearly 17% today after news of a potential acquisition bid. Reuters reports that private equity fund L Catterton has made an offer to acquire the toy maker. The reports further remain speculation, and details of the bid remain undisclosed for now. L Catterton is a fund backed by one of Europe's largest companies, LVMH (MC.FR). 

Reports of a potential takeover bid have started speculation about Hasbro (HAS.US) considering making a bid as well. A merger with Mattel would give the company the opportunity for strong growth and expansion in the toy manufacturer market. It is worth noting that if these reports are confirmed, this would not be the first attempt to merge the two companies. Over the years, Hasbro and Mattel have already tried to reach an agreement on a possible merger, but these attempts were never finalized. 

On the back of a wave of media reports, Mattel is gaining nearly 17% today and is trading at its highest price level since April. Source: xStation

14 October 2025, 5:19 PM

Salesforce announces partnerships with OpenAI and Anthropic🚨

14 October 2025, 4:25 PM

Intel down 5% 📉

14 October 2025, 3:56 PM

JPMorgan, Goldman Sachs, and Citigroup: Sector Overview and Challenges

14 October 2025, 1:25 PM

AMD Gains 3% on Oracle Processor Integration Announcement

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits