Bang Energy: Monster Beverage granted greenlight to acquire Bang Energy out of Chapter 11

USA - Monster Beverage has been cleared to acquire former rival Bang Energy out of Chapter 11 for US$362 million and settle litigation between the energy drink companies. Monster Beverages and Vital Pharmaceuticals (VPX Sports), owner of Bang Energy, entered into an asset purchase agreement on 3 July 2023 under which a Monster subsidiary would...