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Wintrust Business Minute: KKR & Co. in talks to buy Chicago-based The Parking Spot

 
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Manage episode 435483234 series 3035618
Content provided by wgnradio.com. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by wgnradio.com or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

There’s a report that KKR & Co. is in talks to buy The Parking Spot, the Chicago-based owner and operator of parking facilities near airports. Bloomberg reports the talks are in an advanced stage. The proposed deal is valued at about $1.4 billion. It could be announced in the coming weeks but could still fall apart. The Parking Spot has locations near more than 45 airports, including John F. Kennedy International Airport in New York and San Francisco International Airport.

Also, car maker Stellantis has confirmed it’s delaying plans to reopen the assembly plant it operates in Belvidere. Listen for more below:

  continue reading

104 episodes

Artwork
iconShare
 
Manage episode 435483234 series 3035618
Content provided by wgnradio.com. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by wgnradio.com or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

There’s a report that KKR & Co. is in talks to buy The Parking Spot, the Chicago-based owner and operator of parking facilities near airports. Bloomberg reports the talks are in an advanced stage. The proposed deal is valued at about $1.4 billion. It could be announced in the coming weeks but could still fall apart. The Parking Spot has locations near more than 45 airports, including John F. Kennedy International Airport in New York and San Francisco International Airport.

Also, car maker Stellantis has confirmed it’s delaying plans to reopen the assembly plant it operates in Belvidere. Listen for more below:

  continue reading

104 episodes

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