Deals of the day-Mergers and acquisitions

Reuters

Deals of the day-Mergers and acquisitions

Nov 4, 2024 at 9:05 pm GMT

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Adds Salzgitter, UniCredit, Catalent and Intel

Nov 4 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 2100GMT on Monday:

** Buyout firms Silver Lake and Bain Capital are among the potential suitors that are likely to compete to acquire a minority stake in Altera, the programmable chips business that Intel INTC.O acquired for nearly $17 billion in 2015, according to people familiar with the matter. nL1N3MB0TS

** Salzgitter SZGG.DE said its second-biggest shareholder GP Günter Papenburg was considering a potential takeover of the German steelmaker jointly with a partner. nL4N3MB1HW

** Italian bank UniCredit CRDI.MI said it expected to be able to merge the Romanian business of Greece's Alpha Bank ACBr.AT into its own local subsidiary in the second half of next year, after closing the acquisition. nL8N3MB1TN

** EU antitrust regulators will decide by Dec. 6 whether to clear Novo Holdings' acquisition of contract drug manufacturer Catalent CTLT.N, according to a filing on the European Commission website. nL8N3MB0AK

** Air Transport Services Group ATSG.O said it was being acquired by investment firm Stonepeak in a deal valued at $3.1 billion, including debt, sending the aircraft lessor's shares up 22.9% before the bell. nL4N3MB0WP

** Canadian telecom firm BCE BCE.TO said it would buy internet services provider Ziply Fiber for C$5 billion ($3.60 billion) in cash, as it looks to expand its fiber footprint in the United States. nL4N3MB0SR

** Anglo American AAL.L has agreed to sell a 33.3% stake in a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, for A$1.6 billion ($1.1 billion). nL4N3MB0CN

** British insurer and asset manager M&G MNG.L has bought a majority stake in European real estate investor BauMont, as it prepares to buy up more commercial property in anticipation of a market recovery. nL4N3M81GF

** Blackstone BX.N is in advanced talks to acquire Retail Opportunity Investments Corp ROIC.O, which owns U.S. shopping centers and has a market value of $3.4 billion including debt, according to people familiar with the matter. nL1N3MA07P

(Compiled by Rajarshi Roy and Christy Santhosh & Priyanka.G in Bengaluru)

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