Deals of the day-Mergers and acquisitions
Adds Ayvens; updates Banco BPM
Nov 7 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
** Ayvens AYV.PA, the car leasing unit of the French bank Societe Generale SOGN.PA, is drawing interest from investment firms who are studying a potential bid for the company, Bloomberg News reported, citing people familiar with the matter. nL4N3ME2K9
** German plastics and chemicals maker Covestro 1COV.DE said its management and supervisory boards support Abu Dhabi National Oil Company's (ADNOC) $16.3 billion takeover offer. nFWN3ME0W1
** A bid by Italy's third-largest bank Banco BPM BAMI.MI to acquire full control of fund manager Anima Holding ANIM.MI sent shares of both soaring. nL1N3ME0JM
** Norway's Equinor EQNR.OL said it has agreed to buy Sval Energi's 11.8% stake in the ongoing offshore development Halten East Unit in the Norwegian Sea, increasing the company's ownership to 69.5%. nL8N3ME0WV
** The Australian competition regulator cleared privately owned pharmacy chain Chemist Warehouse's reverse takeover of Sigma Healthcare SIG.AX, paving the way to create an A$8.8 billion ($5.78 billion) entity after a year-long wait. nL4N3MD3GW
** Avid Bioservices CDMO.O said on Wednesday that it would be acquired by funds managed by GHO Capital Partners and Ampersand Capital Partners in a deal valued at about $1.1 billion. nL4N3MD3JP
(Compiled by Rajarshi Roy, Kamal Choudhury and Priyanka.G in Bengaluru)
</body></html>Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.