Deals of the day-Mergers and acquisitions
Adds: APA Corp Updates: Alimentation Couche-Tard
Aug 19 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday:
** APA Corp APA.O is exploring the sale of oil and gas drilling properties spread across parts of the Permian basin of Texas and New Mexico, in a deal that could be valued at about $1 billion, sources told Reuters. nL1N3K30NC
** Canada's Alimentation Couche-Tard ATD.TO has sounded out Japan's Seven & i 3382.T about a potential takeover, the two companies said, making the 7-Eleven owner the largest-ever Japanese target of a foreign buyout. nL1N3K603Y
** AMD AMD.O said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware. nL1N3K60AK
** Thailand's Ratanarak Group now has a controlling stake in Siam City Cement SCCC.BK after buying Singapore-based Jardine Cycle & Carriage's JCYC.SI 25.54% holding for 12.18 billion baht ($353.25 million). nL4N3K60CC
** UK homebuilder Barratt BDEV.L said a condition by the competition regulator for its acquisition of smaller rival Redrow RDW.L was waived to satisfy a legal completion this week, but the firms will remain separate until the watchdog clears the deal. nL4N3K60CY
($1 = 34.4800 baht)
(Compiled by Rajarshi Roy and Utkarsh Shetti in Bengaluru)
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