XM does not provide services to residents of the United States of America.

Deals of the day-Mergers and acquisitions



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Deals of the day-Mergers and acquisitions</title></head><body>

Adds Boston Beer, Paramount Global, Codelco, Caesars Entertainment; Updates Aramco

May 31 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 1950GMT on Friday:


** Japanese whisky-maker Suntory Holdings is in talks to acquire U.S. brewer Boston Beer SAM.N known for its Samuel Adams brand, the Wall Street Journal reported, citing people familiar with the matter. nL4N3HY3SL


** A special committee of Paramount Global's PARA.O board agreed to recommend a deal with Skydance Media, the Wall Street Journal reported, citing people familiar with the matter. nL4N3HY3MQ


** Chilean state miner Codelco and the world's No. 2 lithium producer SQM SQMA.SN struck a pivotal deal over a joint venture that will reshape the Andean country's lithium sector and give the state a front-line role in developing the key electric vehicle battery metal. nL1N3HY0W1


** Activist investor Carl Icahn has a sizable position in casino operator Caesars Entertainment CZR.O, Bloomberg News reported, citing sources familiar with the matter. nL4N3HY3EN


** Saudi Arabia and its bankers on Sunday will start taking orders for as much as $13.1 billion worth of shares in its energy giant Aramco 2222.SE, in a major test of international investor interest in its market. nL1N3HY1S6


** Hess shareholders cast 157.6 million 'yes' votes in favor of its sale to Chevron, a Securities and Exchange Commission filing showed, 3 million more than required to pass.nL1N3HY107


** Soho House Co SHCO.N said its board has dissolved a special committee that had been set up to evaluate certain strategic deals, including the possibility of going private. nL4N3HY2PK


** UBS UBSG.S completed the merger of the main parent companies of the Swiss bank and Credit Suisse, which it acquired last year after its longtime rival collapsed, putting an end to one of the bastions of the country's financial sector. nL8N3HY2ST

** Britain's competition regulator said it had started a probe into Nationwide Building Society's NBS.L proposed 2.9 billion pound ($3.7 billion) all-cash deal to buy Virgin Money UK VMUK.L. nL4N3HY1AJ


** Spanish retailer group Dia DIDA.MC said it agreed to sell its business in Brazil for a "symbolic price" of 100 euros ($108.19) and exit the country to focus on more profitable markets such as Spain and Argentina. nL8N3HY11O


** Debt-laden property developer Country Garden's 2007.HK venture capital arm is looking to sell its stake in Chinese chipmaker ChangXin Memory Technologies for 2 billion yuan ($276.30 million), Bloomberg News reported. nL4N3HY0ID


** Namoi Cotton NAM.AX asked its shareholders to accept Singapore-based agribusiness Olam Agri's IPO-OLAA.SI A$144.9 million ($96.08 million) takeover offer for the cotton processing company. nL4N3HX4RN


** Rio Tinto RIO.AX said it entered an agreement to buy Sumitomo Chemical Co's 4005.T 20.64% stake in New Zealand Aluminium Smelters (NZAS) to get full control of the country's only aluminum smelter. nL4N3HX4MX


** Skydance Media has submitted a sweetened offer for its proposed merger with Paramount Global PARA.O, according to a person familiar with the matter, the latest twist in a tumultuous negotiation process. nL1N3HX24Q


(Compiled by Rajarshi Roy and Aatreyee Dasgupta in Bengaluru)

</body></html>

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.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.