Deals of the day-Mergers and acquisitions
Adds: Blackstone, Robinhood Markets, Adani Infra, AeroVironment Updates: Bakkt, Amcor Plc
Nov 19 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday:
** Blackstone BX.N has agreed to buy Jersey Mike's Subs, the sandwich chain said, in a deal that a source said valued the company at around $8 billion, including debt. nL4N3MQ02K
** Donald Trump's social media company is in advanced talks to buy crypto trading firm Bakkt BKKT.N, the Financial Times reported, citing two people with knowledge of the talks. nL4N3MP1F0
** Retail trading platform Robinhood Markets HOOD.O will acquire portfolio management platform TradePMR in a cash-and-stock deal for about $300 million, the companies said. nL4N3MQ13S
** India's Adani Infra will purchase a 30.07% stake in construction firm PSP Projects PSPP.NS for 6.85 billion rupees ($81.2 million), the latter said. nL4N3MQ13O
** AeroVironment AVAV.O will buy space and defense engineering company BlueHalo in an all-stock deal valued at about $4.1 billion, the companies said, as the drone maker seeks to broaden its portfolio amid rising geopolitical tensions. nL4N3MQ0YR
** Switzerland-based Amcor Plc 485.F, AMCR.N agreed to buy U.S. peer Berry Global BERY.N for $8.43 billion in an all-stock deal, creating a company with a strong presence across the consumer and healthcare packaging markets. nL4N3MQ0RS
** U.S. activist investor Elliott Management has taken a 5.03% stake in Tokyo Gas 9531.T, a regulatory filing showed, as it seeks to push Japan's biggest city-gas provider to boost shareholder value. nL1N3MQ097
** Bayer BAYGn.DE struck a collaboration deal with U.S. biotech firm Cytokinetics CYTK.O to acquire certain rights in Japan to an experimental heart drug, as the German group strengthens its cardiovascular business with smaller deals.nL8N3MQ0FO
** Australia's Sayona Mining SYA.AX will buy U.S.-based Piedmont Lithium PLL.O in an all-stock deal that will consolidate its Canadian operations and strengthen its exposure to the North American electric vehicle sector, the companies said. nL4N3MQ0CB
** Building products distributor QXO QXO.O has made an offer to acquire Beacon Roofing Supply BECN.O, according to a person familiar with the matter. nL4N3MP1D0
** Orla Mining OLA.TO will buy the Musselwhite Gold Mine in Ontario from Newmont NEM.N in a deal valued at $850 million that will help more than double its production of the precious metal, the Canadian miner said on Monday. nL4N3MP0PX
(Compiled by Rajarshi Roy and Pooja Menon in Bengaluru)
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