Deals of the day-Mergers and acquisitions
Aug 5 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday:
** Dubai's Sidara said it was walking away from its plan to buy UK's John Wood Group WG.L, citing rising geopolitical risks and uncertainty in the financial market, prompting the British engineering group's shares to plunge 40%.
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** Shares in David Beckham-backed Guild Esports GILDG.L urged more than 54% in early trading, after the gaming firm said it is planning to agree to a takeover offer from California-based investment management company DCB Sports.
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** Australia's Woodside Energy WDS.AX said it will acquire OCI Global's OCI.AS clean ammonia project in Texas for $2.35 billion as the energy firm advances its transition towards green energy.
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** L'Oreal OREP.PA will acquire a 10% stake in Swiss skin care firm Galderma GALD.S from a group of major shareholders, the two companies said, as the French firm seeks a cut of the profits from the booming medical cosmetics market.
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** Societe Generale SOGN.PA has agreed to sell its British and Swiss private banking units to Switzerland's Union Bancaire Privee (UBP) for 900 million euros ($984 million), the French bank said as it speeds up its asset sale program.
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** Family-owned packaged food giant Mars, whose candy brands include M&M's and Snickers, is exploring a potential acquisition of Kellanova K.N, maker of snacks such as Cheez-It and Pringles, according to people familiar with the matter.
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(Compiled by Rajarshi Roy and Priyanka.G in Bengaluru)
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