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)
</body></html>Activos relacionados
Últimas noticias
Descargo de responsabilidades: Cada una de las entidades de XM Group proporciona un servicio de solo ejecución y acceso a nuestra plataforma de trading online, permitiendo a una persona ver o usar el contenido disponible en o a través del sitio web, sin intención de cambiarlo ni ampliarlo. Dicho acceso y uso están sujetos en todo momento a: (i) Términos y Condiciones; (ii) Advertencias de riesgo; y (iii) Descargo completo de responsabilidades. Por lo tanto, dicho contenido se proporciona exclusivamente como información general. En particular, por favor tenga en cuenta que, los contenidos de nuestra plataforma de trading online no son ni solicitud ni una oferta para entrar a realizar transacciones en los mercados financieros. Operar en cualquier mercado financiero implica un nivel de riesgo significativo para su capital.
Todo el material publicado en nuestra plataforma de trading online tiene únicamente fines educativos/informativos y no contiene –y no debe considerarse que contenga– asesoramiento ni recomendaciones financieras, tributarias o de inversión, ni un registro de nuestros precios de trading, ni una oferta ni solicitud de transacción con instrumentos financieros ni promociones financieras no solicitadas.
Cualquier contenido de terceros, así como el contenido preparado por XM, como por ejemplo opiniones, noticias, investigaciones, análisis, precios, otras informaciones o enlaces a sitios de terceros que figuran en este sitio web se proporcionan “tal cual”, como comentarios generales del mercado y no constituyen un asesoramiento en materia de inversión. En la medida en que cualquier contenido se interprete como investigación de inversión, usted debe tener en cuenta y aceptar que dicho contenido no fue concebido ni elaborado de acuerdo con los requisitos legales diseñados para promover la independencia en materia de investigación de inversiones y, por tanto, se considera como una comunicación comercial en virtud de las leyes y regulaciones pertinentes. Por favor, asegúrese de haber leído y comprendido nuestro Aviso sobre investigación de inversión no independiente y advertencia de riesgo en relación con la información anterior, al que se puede acceder aquí.
