Deals of the day-Mergers and acquisitions
Adds: Evri, Asahi Group, Mankind, Occidental Petroleum, Kroger, Endesa, Paramount, EssilorLuxottica, Liberty Steel, Signa Prime Selection; Updates: Helmerich & Payne, Stellantis
July 25 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 2000GMT on Thursday:
** Private equity investor Advent International said that it has agreed to sell UK parcel delivery firm Evri to funds managed by affiliates of Apollo. nL4N3JH1P7
** Asahi Group 2502.T plans to sell its struggling restaurant business, Nadaman, to a Japanese peer as the country's biggest brewer looks to exit the segment to focus on alcoholic and other beverages, Nikkei reported. nL4N3JH2JH
** Indian drugmaker Mankind Pharma MNKI.NS said it would acquire Bharat Serums and Vaccines Ltd in a deal valued at around 136.30 billion rupees ($1.63 billion), including debt. nL4N3JH2D0
** Oilfield services firm Helmerich & Payne Inc HP.N will acquire Britain's KCA Deutag International for $1.97 billion in cash, making the combined company one of the biggest rig providers in the Middle East, the companies said. nL4N3JH1GQ]
** U.S. oil producer Occidental Petroleum OXY.N is nearing a deal to sell its assets in the Barilla Draw region of Texas to Permian Resources PR.N for about $1 billion, people familiar with the matter told Reuters. nL4N3JG1PP
** The proposed $25 billion merger of Kroger and Albertsons has been halted until the Colorado District Court rules on a lawsuit filed to block the deal that is expected to push up grocery prices, State Attorney General Phil Weiser said. nL4N3JH21E
** Spanish power utility Endesa ELE.MC said it has sold to Abu Dhabi's Masdar a 49.99% stake in the company controlling its solar power installations in Spain for 817 million euros ($887.10 million). nL8N3JH2OE
** A Paramount Global PARA.O investor has sued to block its merger with Skydance Media, saying the deal would cost its shareholders $1.65 billion, according to a lawsuit filed in Delaware's Chancery Court on Wednesday. nL4N3JH24H
** The head of eyewear company EssilorLuxottica ESLX.PA said Meta META.O had informed him that it might take a stake in the company, adding that he would welcome such a step. nL8N3JH32S
** There are options to maintain some operations at Czech steelmaker Liberty Ostrava, Czech government ministers said, as a potential buyer presented plans for secondary production. nL1N3JH0LQ
** Signa Prime Selection AG plans to sell its 100% stake in SIGNA Prime Great Britain GmbH, including the Selfridges flagship store in London, as well as the Selfridges store in Manchester, the company said. nL1N3JH0WM
** Carmaker Stellantis STLAM.MI has agreed to sell a majority stake in its robotic unit Comau to One Equity Partners, in a deal that has drawn scrutiny from Italy's government. nL1N3JH0OG
** Bally's Corporation BALY.N has agreed to be acquired by its largest stockholder, Standard General, in a deal that values the casino and gaming company at $4.6 billion, including debt. nL4N3JH1G3
** Grab GRAB.O, Southeast Asia's biggest ride-hailing and food delivery firm, has called off its proposed acquisition of Singapore's third-largest taxi operator, Trans-cab, according to a statement from Singapore's competition watchdog. nL1N3JH0HE
** New York Community Bancorp's NYCB.N unit Flagstar Bank is selling its residential mortgage servicing business to non-bank mortgage platform to Mr. Cooper COOP.O for nearly $1.4 billion, it said. nL4N3JH18T
** Singapore's Cyan Renewables, which operates vessels for offshore wind farms, said it has bought MMA Offshore for A$1.1 billion ($726 million) in the largest takeover deal in this renewables segment in the Asia Pacific region so far this year. nL1N3JH059
** 3D Investment Partners has offered to become a majority shareholder in Tohokushinsha 2329.T and take it private in a deal that values the Japanese film company at as much as $575 million. nL1N3JH00R
** Unilever ULVR.L said it has sold its stake in Qinyuan Group, also known as Truliva, without disclosing financial terms of the sale. nL4N3JH0H8
(Compiled by Rajarshi Roy, Harshita Mary Varghese and Arasu Kannagi Basil in Bengaluru)
</body></html>Mga Kaugnay na Asset
Pinakabagong Balita
Disclaimer: Ang mga kabilang sa XM Group ay nagbibigay lang ng serbisyo sa pagpapatupad at pag-access sa aming Online Trading Facility, kung saan pinapahintulutan nito ang pagtingin at/o paggamit sa nilalaman na makikita sa website o sa pamamagitan nito, at walang layuning palitan o palawigin ito, at hindi din ito papalitan o papalawigin. Ang naturang pag-access at paggamit ay palaging alinsunod sa: (i) Mga Tuntunin at Kundisyon; (ii) Mga Babala sa Risk; at (iii) Kabuuang Disclaimer. Kaya naman ang naturang nilalaman ay ituturing na pangkalahatang impormasyon lamang. Mangyaring isaalang-alang na ang mga nilalaman ng aming Online Trading Facility ay hindi paglikom, o alok, para magsagawa ng anumang transaksyon sa mga pinansyal na market. Ang pag-trade sa alinmang pinansyal na market ay nagtataglay ng mataas na lebel ng risk sa iyong kapital.
Lahat ng materyales na nakalathala sa aming Online Trading Facility ay nakalaan para sa layuning edukasyonal/pang-impormasyon lamang at hindi naglalaman – at hindi dapat ituring bilang naglalaman – ng payo at rekomendasyon na pangpinansyal, tungkol sa buwis sa pag-i-invest, o pang-trade, o tala ng aming presyo sa pag-trade, o alok para sa, o paglikom ng, transaksyon sa alinmang pinansyal na instrument o hindi ginustong pinansyal na promosyon.
Sa anumang nilalaman na galing sa ikatlong partido, pati na ang mga nilalaman na inihanda ng XM, ang mga naturang opinyon, balita, pananaliksik, pag-analisa, presyo, ibang impormasyon o link sa ibang mga site na makikita sa website na ito ay ibibigay tulad ng nandoon, bilang pangkalahatang komentaryo sa market at hindi ito nagtataglay ng payo sa pag-i-invest. Kung ang alinmang nilalaman nito ay itinuring bilang pananaliksik sa pag-i-invest, kailangan mong isaalang-alang at tanggapin na hindi ito inilaan at inihanda alinsunod sa mga legal na pangangailangan na idinisenyo para maisulong ang pagsasarili ng pananaliksik sa pag-i-invest, at dahil dito ituturing ito na komunikasyon sa marketing sa ilalim ng mga kaugnay na batas at regulasyon. Mangyaring siguruhin na nabasa at naintindihan mo ang aming Notipikasyon sa Hindi Independyenteng Pananaliksik sa Pag-i-invest at Babala sa Risk na may kinalaman sa impormasyong nakalagay sa itaas, na maa-access dito.
