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Spirit Airlines sets June 10, 2022, date for shareholder vote on Frontier $7.3bn merger deal. (Financial Sponsors)

Cencosud to acquire a 67% stake in The Fresh Market from Apollo for $1.1bn. (FS)?

Amprius Technologies to go public via merger with Kensington Capital Acquisition IV in a $939m deal.?

BT Group and Warner Bros to form a $780m joint venture.

Kayne Anderson Real Estate closes latest debt fund above target at $1.87bn. (FS)?

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Spirit Airlines sets June 10, 2022, date for shareholder vote on Frontier $7.3bn merger deal. (FS)

Spirit Airlines, an American ultra low-cost carrier, will hold a shareholder meeting on June 10, 2022, for a vote on its proposed merger with Indigo Partners-backed rival Frontier Group in a $7.3bn deal.

Spirit earlier rejected JetBlue Airways $33 per share takeover offer, saying it had a low likelihood of winning approval from government regulators,?Reuters?reported.

Spirit Airlines is advised by Barclays, Morgan Stanley, Debevoise & Plimpton, Paul Weiss Rifkind Wharton & Garrison and Sard Verbinnen & Co. Financial advisors are advised by Skadden Arps Slate Meagher & Flom and Sullivan & Cromwell. JetBlue is advised by Goldman Sachs and Shearman & Sterling. Debt financing to JetBlue is provided by Goldman Sachs. Indigo is advised by Lambert & Co. Frontier is advised by Citigroup, Latham & Watkins and Joele Frank. Citigroup is advised by Fried Frank Harris Shriver & Jacobson.

Cencosud to acquire a 67% stake in The Fresh Market from Apollo for $1.1bn. (FS)

Cencosud, a South American retailer Cencosud, agreed to acquire a 67% stake in The Fresh Market, a premium specialty retailer competing in the food retail industry in the US, from Apollo Global Management, an investment firm, for $1.1bn.

"The Fresh Market is one of the best supermarkets in the USA. Widely recognized by market specialists and customers alike for its customer-centric culture, excellence in fresh produce and memorable shopping experience in its stores. This unique value proposition is a result of the successful strategy executed and the commitment of a team of highly experienced executives led by Jason and Andy. We are very pleased to make our first investment in the American market through a partnership of the prestige of Apollo Global Management with extensive experience in the retail market. Our team is very excited to start working together to accelerate the growth and value of the company," Matias Videla, Cencosud CEO.

The Fresh Market is advised by Credit Suisse and Simpson Thacher & Bartlett. Cencosud is advised by JP Morgan and Milbank.

Amprius Technologies to go public via merger with Kensington Capital Acquisition IV in a $939m deal.

Amprius Technologies, a provider of lithium-ion batteries, agreed to go public via merger with Kensington Capital Acquisition IV, a special purpose acquisition company, in a $939m deal.

"Today represents a significant milestone for Amprius. A merger with Kensington – who has extensive expertise and operating capabilities in the automotive and electric mobility sectors – will help us realize the full potential of our industry-disrupting technology. The superior performance of our silicon nanowire anode battery is unmatched in the commercial market. We believe Amprius will help power the mobility revolution and that the proceeds from this transaction, along with the partnership and support of Kensington's world-class team, will enable us to significantly scale our production capabilities to meet the overwhelming demand for our silicon nanowire anode batteries," Kang Sun, Amprius CEO.

Amprius is advised by SingerLewak, Oppenheimer & Co, Wilson Sonsini Goodrich & Rosati, Gateway Investor Relations and Philosophy PR+Marketing. Kensington is advised by Marcum and Hughes Hubbard & Reed.

BT Group and Warner Bros to form a $780m joint venture.

BT Group, a British multinational telecommunications holding company, and Warner Bros, an American film and entertainment company, agreed to form a $780m joint venture.

"We are excited to bring fans a new premium sport offering that brings together everything they love from BT Sport and Eurosport UK. Combining this with our growing portfolio of premium entertainment content promises to deliver consumers a richer and deeper content proposition, not only providing greater value from their subscriptions but bringing sport to a wider entertainment audience," Andrew Georgiou, Warner Bros Discovery Sports Europe President and Managing Director.

Warner Bros is advised by DLA Piper. BT Group is advised by Lazard and CMS.

Kayne Anderson Real Estate closes latest debt fund above target at $1.87bn. (FS)

Kayne Anderson Real Estate, the real estate investment arm of Kayne Anderson Capital Advisors, announced that its debt platform, KA Real Estate Debt, has closed its fourth flagship debt fund, Kayne Anderson Real Estate Debt IV, with $1.87bn in capital commitments. The fundraise, having received strong support from a diverse group of existing and new investors, surpassed its original target of $1.5bn.

"As real estate markets continue to respond to market dislocation, lending standards remain historically conservative, particularly in niche asset classes. KARED IV is well positioned to provide liquidity for borrowers while continuing to leverage the firm's longstanding relationship with Freddie Mac to source and acquire stabilized, attractive bond issuances," David Selznick, KA Real Estate Chief Investment Officer.?

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