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Daily News for Dealmakers

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Category: Consumer and Industrial

Elliott’s Starbucks Campaign: Unexpected Triumph for Activist Investor

Elliott’s Starbucks Campaign: Unexpected Triumph for Activist Investor

  • August 15, 2024
  • 0 Comments
  • By CorpDev
How Elliott's Monthslong Starbucks Campaign Got It a Better Deal Than It Asked For - Key Highlights Elliott Management, a renowned activist investor, waged a persistent campaign against Starbucks,...
Posted in Big Deal, Consumer and Industrial, Deal Drama
Food Distribution Giant PFGC Buys Cheney Brothers for $2.1B

Food Distribution Giant PFGC Buys Cheney Brothers for $2.1B

  • August 14, 2024
  • 0 Comments
  • By CorpDev
PFGC Cheney Brothers Acquisition: Key Highlights Performance Food Group (PFGC) to acquire Cheney Brothers for $2.1 billion Deal strengthens PFGC's footprint in Southeast and Midwest regions...
Posted in Consumer and Industrial
Mars Set to Dominate Snack Market with $36B Kellanova Buyout

Mars Set to Dominate Snack Market with $36B Kellanova Buyout

  • August 14, 2024
  • 0 Comments
  • By CorpDev
Key Highlights of the Mars-Kellanova Acquisition Mars Inc. to acquire Kellanova Co., maker of Pringles, Cheez-It, and Eggo, for $36 billion in cash Deal positions Mars as a dominant player in the...
Posted in Big Deal, Consumer and Industrial
Kroger Denies FTC’s Anti-Competitive Claims: Grocery Giant Fights Back

Kroger Denies FTC’s Anti-Competitive Claims: Grocery Giant Fights Back

  • August 14, 2024
  • 0 Comments
  • By CorpDev
Kroger-FTC Dispute: Competition Concerns in the Grocery Retail Sector Key Highlights: The Federal Trade Commission (FTC) has raised concerns about Kroger's market dominance and pricing strategies,...
Posted in Big Deal, Consumer and Industrial, Deal Drama
Rheinmetall expands in US defense market with $950M Loc acquisition.

Rheinmetall expands in US defense market with $950M Loc acquisition.

  • August 13, 2024
  • 0 Comments
  • By CorpDev
Rheinmetall (RNMBF, RNMBY) Strengthens U.S. Defense Presence with $950 Million Loc Performance Acquisition Key Highlights Rheinmetall, a leading German defense contractor, acquires Loc Performance...
Posted in Consumer and Industrial, International
Tilray Triples Craft Beer Volume with $85M Anheuser-Busch Brands Acquisition: A Diversified Growth Strategy

Tilray Triples Craft Beer Volume with $85M Anheuser-Busch Brands Acquisition: A Diversified Growth Strategy

  • August 13, 2024
  • 0 Comments
  • By CorpDev
Tilray Brands Acquires Craft Beer Portfolio from Anheuser-Busch and Molson Coors (Nasdaq:TLRY, TSX:TLRY, US88688T1007) Key Highlights: Tilray Brands, a leading cannabis and beverage company, has...
Posted in Consumer and Industrial
Judge Dismisses Consumer Lawsuit, Clearing Path for Hawaiian/Alaska Airlines Partnership

Judge Dismisses Consumer Lawsuit, Clearing Path for Hawaiian/Alaska Airlines Partnership

  • August 13, 2024
  • 0 Comments
  • By CorpDev
Hawaiian Airlines and Alaska Airlines Partnership: A Legal Victory and Its Implications Key Highlights: A US judge dismissed a consumer lawsuit challenging the partnership between Hawaiian Airlines...
Posted in Consumer and Industrial
SNDL to Acquire Remaining Nova Cannabis Shares: A Game-Changer in Canadian Cannabis Market

(For more information, keywords, and

SNDL to Acquire Remaining Nova Cannabis Shares: A Game-Changer in Canadian Cannabis Market (For more information, keywords, and

  • August 13, 2024
  • 0 Comments
  • By CorpDev
Canada Cannabis M&A News - Key Highlights SNDL to acquire remaining shares of Nova Cannabis for $29 million Deal strengthens SNDL's position in the Canadian cannabis market All-cash transaction...
Posted in Consumer and Industrial
Australia’s Orora Rejects $2.2B Lone Star Bid: Strategic Defiance?

Australia’s Orora Rejects $2.2B Lone Star Bid: Strategic Defiance?

  • August 13, 2024
  • 0 Comments
  • By CorpDev
Orora Rejects $2.2B Lone Star Buyout Bid - Key Highlights Australian packaging company Orora rejected a $2.2 billion buyout offer from private equity firm Lone Star Funds The bid undervalued Orora's...
Posted in Consumer and Industrial
Spirit AeroSystems’ CEO Tom Shanahan Receives $28.5M Golden Parachute; Industry Pay Debate Reignites

Spirit AeroSystems’ CEO Tom Shanahan Receives $28.5M Golden Parachute; Industry Pay Debate Reignites

  • August 13, 2024
  • 0 Comments
  • By CorpDev
Key Highlights Spirit AeroSystems CEO Tom Shanahan to receive $28.5 million 'golden parachute' upon departure Severance package includes $13.5 million cash, $10 million stock award, and $5 million...
Posted in Consumer and Industrial

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