Consumer and Industrial | CorpDev.Org - Page 17

C&R sector M&A declines with uncertainty about the economy []

The Federal Reserve’s determination to rein in inflation by ratcheting up interest rates has cast a Siberian chill over the consumer and retail sector (C&R). Many C&R firms have scaled...

Blackstone Eyes IPO Filing for $2.5bn India Mall Portfolio [Private Equity Insights]

Blackstone is planning to file as soon as next month for an initial public offering of its Indian shopping mall portfolio that could raise about $500m, people familiar with the matter said. The...

Why Peloton’s partnership with Amazon may not resolve underlying issues at the fitness company [Partnerships and Alliances]

Peloton's move to sell on Amazon will do little to resolve underlying profitability and demand issues at fitness equipment maker, analysts say. Source

Cannabis Cos. SNDL and Valens unveil $106M merger deal [Law360: Mergers & Acquisitions]

By Collin Krabbe (August 23, 2022, 9:31 PM EDT) -- Two publicly traded cannabis companies in Canada say they are combining to create one vertically integrated platform.SNDL Inc. of Calgary announced...

Richemont, FARFETCH and Alabbar cement Partnership to advance the Digitalisation of the Luxury Industry [Business Wire Merger/Acquisition News]

LONDON--(BUSINESS WIRE)--Richemont, Farfetch and Alabbar cement Partnership to advance the Digitalisation of the Luxury Industry Source

Reuters: Private equity bidders weigh offers valuing Toshiba at up to $22bn

KKR, Baring Private Equity Asia, Blackstone, Bain Capital, Brookfield Asset Management, MBK Partners, Apollo Global Management and CVC have submitted initial bids, sources said. Source

Kellogg’s to split into three separate food businesses, all public

Kellogg plans to split into three public companies, keeping a core global snacking business while spinning off the North American cereal brands with which the maker of Corn Flakes began and a smaller...

Siemens to sell its CV biz to Meritor for portfolio optimization

For Meritor, the acquisition of Commercial Vehicles furthers its goal of embracing and contributing to a more sustainable future by designing and manufacturing products that accelerate...

J&J Snack Foods to acquire Dippin’ Dots for a whopping $222 million

J&J Snack Foods Corp. has entered into an agreement to acquire Dippin’ Dots, LLC for $222 million, subject to customary purchase price adjustments. The transaction is expected to close in...

Canopy Growth Set to Acquire Jetty Extracts

Canadian cannabis company Canopy Growth on Wednesday announced a plan to acquire California-based Jetty Extracts. The deal will take effect once the U.S. government legalizes cannabis or earlier at...