Deals of the day-Mergers and acquisitions
Adds: Astorg, CBIZ, Kylian Mbappe
July 31 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:
** Private equity firm Astorg is exploring options, including a sale, for its fund services business IQ-EQ, four sources with knowledge of the matter said, in a sale that could value it at more than 4 billion euros ($4.33 billion), one of them said. nL8N3JM2RO
** Financial services and insurance provider CBIZ CBZ.N said it would buy Marcum, one of the biggest accounting services providers in the United States, in a $2.3 billion cash-and-stock deal. nL4N3JN1HO
** France forward Kylian Mbappe is buying a majority stake in second division soccer club Stade Malherbe Caen, the club said. nL8N3JN1AH
** Egyptian microfinance lending and payments company MNT-Halan's recent purchase of Turkey's biggest nonbank microleasing company will help develop its factoring business in Egypt while expanding consumer credit in Turkey, its chief executive said.nL8N3JM2VP
** Kuwaiti lenders Boubyan Bank BOUK.KW and Gulf Bank GBKK.KW are weighing a merger to create a single Islamic bank with $53 billion in assets as part of a plan to fuel growth and expansion. nL1N3JN0G4
** French bank Societe Generale SOGN.PA said it had agreed to buy a 75% stake in Reed Management, an alternative asset management company dealing in the energy sector. nL1N3JN0BP
** French group Veolia VIE.PA said it had agreed to sell its sulfuric acid regeneration business in North America to private equity firm American Industrial Partners for an enterprise value (EV) of $620 million. nL8N3JN0OJ
** Australian dental care firm Pacific Smiles PSQ.AX said that private equity firm Genesis Capital's near $200 million buyout offer was superior to one from National Dental Care (NDC), which had one more day to top that bid. nL4N3JN05R
** Stellantis STLAM.MI has no intention of selling its luxury vehicle business Maserati or aggregating the unit with other Italian luxury groups, the Jeep maker said. nL4N3JM2GK
** Pipeline operator TC Energy TRP.TO said it will sell a minority stake in its Canadian natural gas pipeline system to Indigenous communities for C$1 billion ($722.1 million) as part of a plan to reduce debt and fund investments. nL4N3JM174
** Private equity firm Blackstone BX.N is in early-stage talks to acquire Retail Opportunity Investments Corp (ROIC) ROIC.O, which owns U.S. shopping centers and has a market value of close to $2 billion, according to people familiar with the matter. nL1N3JM0V1
** Former Warner Music chairman Edgar Bronfman Jr. is still in talks with bankers about a potential bid for Paramount Global's PARA.O parent, National Amusements, Axios reported, citing sources. nL4N3JM22C
** Vista Outdoor VSTO.N, which is in the process of selling its ammunition unit, said it was open to selling its outdoor sporting gear business and expecting an increased bid for the whole company from MNC Capital. nL4N3JM0XR
** Jazz Aviation owner Chorus Aviation CHR.TO said it would sell its regional aircraft leasing segment for about $1.9 billion to investment fund manager HPS Investment Partners LLC, in order to reduce its debt. nL4N3JM16Z
** Pennsylvania Governor Josh Shapiro said that he cannot support Nippon Steel's 5401.T bid to buy U.S. Steel X.N in its current form because the United Steelworkers union is unhappy with the merger. nS0N3HA066
(Compiled by Rajarshi Roy and Harshita Mary Varghese in Bengaluru)
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