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Category: Consumer and Industrial

Swedish last-mile delivery companies Instabox and Budbee to become Instabee in $1.7B merger [Mergers and Acquisitions • TechCrunch]

Swedish last-mile delivery companies Instabox and Budbee to become Instabee in $1.7B merger [Mergers and Acquisitions • TechCrunch]

  • September 19, 2022
  • 0 Comments
  • By CorpDev
Swedish last-mile delivery companies Instabox and Budbee have have announced plans to merge in an 18 billion krona ($1.7 billion) deal. The two companies, which were both founded out of the Stockholm...
Posted in Consumer and Industrial
Mattress Maker Purple Gets $226M Hedge Fund Buyout Bid [buyout/ takeover]

Mattress Maker Purple Gets $226M Hedge Fund Buyout Bid [buyout/ takeover]

  • September 19, 2022
  • 0 Comments
  • By CorpDev
By Al Barbarino (September 19, 2022, 5:21 PM EDT) -- Purple Innovation Inc. said Monday it received a buyout bid from its largest shareholder, Connecticut-based hedge fund Coliseum Capital...
Posted in Consumer and Industrial

Sen. Warren urges Dept. of Transportation to block JetBlue’s purchase of Spirit (update) [M A News on Seeking Alpha]

  • September 16, 2022
  • 0 Comments
  • By CorpDev
JillianCain/iStock Editorial via Getty Images Update 11:45pm: Adds JetBlue comment. Sen. Elizabeth Warren (D-MA) is requesting that the U.S. Department of Justice heavily scrutinize JetBlue's...
Posted in Consumer and Industrial
UK Probes Korean Air’s $1.6B Takeover Of Asiana Airline [buyout/ takeover]

UK Probes Korean Air’s $1.6B Takeover Of Asiana Airline [buyout/ takeover]

  • September 16, 2022
  • 0 Comments
  • By CorpDev
By Najiyya Budaly (September 16, 2022, 2:05 PM BST) -- Britain's antitrust authority said on Friday that it has launched a formal probe into Korean Air's plans to acquire a rival Korean airline for...
Posted in Consumer and Industrial
Tesla supplier Aptiv to buy 85% stake in Intercable unit in EV tech push [Private Equity Insights]

Tesla supplier Aptiv to buy 85% stake in Intercable unit in EV tech push [Private Equity Insights]

  • September 14, 2022
  • 0 Comments
  • By CorpDev
Tesla supplier Aptiv said on Tuesday it would acquire a majority stake in a unit of Italy’ Intercable for €595m, allowing the auto parts company access to technology used in electric...
Posted in Consumer and Industrial

Nissan to acquire lithium-ion battery maker Vehicle Energy Japan [M A News on Seeking Alpha]

  • September 7, 2022
  • 0 Comments
  • By CorpDev
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your...
Posted in Consumer and Industrial

Manchester United climbs on report Glazer family looking for £3.75B in sale [M A News on Seeking Alpha]

  • September 6, 2022
  • 0 Comments
  • By CorpDev
coward_lion/iStock Editorial via Getty Images Manchester United (NYSE:MANU) rose 1.7% in premarket trading amid a report that the Glazer family is looking for £3.75 billion $(4.32 billion) in a...
Posted in Consumer and Industrial
Kohl’s jumps on report of $2B offer for real estate [M A News on Seeking Alpha]

Kohl’s jumps on report of $2B offer for real estate [M A News on Seeking Alpha]

  • September 2, 2022
  • 0 Comments
  • By CorpDev
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your...
Posted in Consumer and Industrial
127-year-old Jim Beam, Dickey’s sauces maker Sokol bought by Burlington Capital [buyout/ takeover]

127-year-old Jim Beam, Dickey’s sauces maker Sokol bought by Burlington Capital [buyout/ takeover]

  • September 2, 2022
  • 0 Comments
  • By CorpDev
Residential and commercial buildings are pictured in Tokyo, Japan, August 16, 2016. Picture taken on August 16, 2016. REUTERS/Kim Kyung-HoonRegister now for FREE unlimited access to...
Posted in Consumer and Industrial
Chobani withdraws IPO plans after yogurt maker filed to go public in November [Deals and IPOs]

Chobani withdraws IPO plans after yogurt maker filed to go public in November [Deals and IPOs]

  • September 2, 2022
  • 0 Comments
  • By CorpDev
Packages of Chobani yogurt sit on the shelf at a grocery store July 7, 2021 in Washington, DC. Drew Angerer | Getty Images Chobani is withdrawing plans for an initial public offering, according to a...
Posted in Consumer and Industrial

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