Consumer and Industrial | CorpDev.Org

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....

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...

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

The public offering values the luxury sports car maker at up to $75 billion. Source Author: Michael J. de la Merced

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

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...

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

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...

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

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...

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

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...

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

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...

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

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

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...