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CorpDev.Org

CorpDev.Org

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Category: Consumer and Industrial

UK Probes SocGen Leasing Unit’s €5B Deal For Dutch Rival [Law360: Mergers & Acquisitions]

UK Probes SocGen Leasing Unit’s €5B Deal For Dutch Rival [Law360: Mergers & Acquisitions]

  • September 20, 2022
  • 0 Comments
  • By Vyas Tungaturti
By Najiyya Budaly (September 20, 2022, 11:55 AM BST) -- Britain's antitrust authority said on Tuesday that it has launched a formal probe into French banking giant Société...
Posted in Consumer and Industrial
KKR invests in Hero Future Energies in $450m transaction [Future of Work]

KKR invests in Hero Future Energies in $450m transaction [Future of Work]

  • September 20, 2022
  • 0 Comments
  • By Vyas Tungaturti
KKR invests in Hero Future Energies in $450m transaction KKR and the Hero Group have signed a deal to invest $450 million in Hero Future Energies (HFE), the renewable energy arm of the Hero Group....
Posted in Consumer and Industrial
What Marriott’s CEO Says About the Prospect of Another Mega-Merger [CXO VT]

What Marriott’s CEO Says About the Prospect of Another Mega-Merger [CXO VT]

  • September 20, 2022
  • 0 Comments
  • By Vyas Tungaturti
Skift Take: Anthony Capuano, CEO of Marriott International, will not be surprised if a big merger or acquisition shakes up the hotel industry, but it most likely won't involve his brand.— Andrea...
Posted in 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 Vyas Tungaturti
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
Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O. [NYT > Mergers, Acquisitions and Divestitures]

Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O. [NYT > Mergers, Acquisitions and Divestitures]

  • September 19, 2022
  • 0 Comments
  • By Vyas Tungaturti
The public offering values the luxury sports car maker at up to $75 billion. Source Author: Michael J. de la Merced
Posted in Consumer and Industrial

Purple may see other bidders, Coliseum will likely have to raise offer – analyst [M A News on Seeking Alpha]

  • September 19, 2022
  • 0 Comments
  • By Vyas Tungaturti
SolStock/E+ via Getty Images Purple Innovation Inc. (NASDAQ:PRPL) may see other bidders after its largest holder Coliseum Capital offered to buy the mattress company, though likely Coliseum will...
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 Vyas Tungaturti
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 Vyas Tungaturti
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 Vyas Tungaturti
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 Vyas Tungaturti
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

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