Consumer and Industrial | CorpDev.Org

Marlboro maker Altria opts to end non-compete deal with Juul [buyout/ takeover]

In July, Altria slashed the value of its stake in Juul to $450 million, down from the original value of $12.8 billion, allowing itself the option to be released from the non-compete clause and invest...

Goldman Feasts at Expense of Food-Company Client, Suit Claims [Wall Street – Deals & Finance – Wsj.com]

Source Author: unknown

Ryder System falls amid report about banks struggling with LBO deals [M A News on Seeking Alpha]

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American-JetBlue Accord Will Cost Flyers Billions, Judge Told [Law360: Mergers & Acquisitions]

By Chris Villani (September 27, 2022, 1:04 PM EDT) -- A Massachusetts federal judge heard contrasting views on a partnership between American Airlines and JetBlue during the start of a closely...

Saint-Gobain Gets Last Regulatory OK For $2.3B GCP Deal [Law360: Mergers & Acquisitions]

By Dawood Fakhir (September 22, 2022, 2:40 PM BST) -- The U.K. competition regulator gave a green light on Thursday to French construction chemicals company Saint-Gobain's $2.3 billion acquisition...

Lyft drops at least partly after analyst downplays recent takeover speculation [buyout/ takeover]

Hispanolistic Lyft (NASDAQ:LYFT) fell 5.5% at least partly as an analyst downplayed some recent takeover speculation around the ride-sharing firm. Lyft (LYFT) shares jumped 17% on Sept. 8 amid some...

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

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...

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

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....

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

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...

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 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...