Deals of the day-Mergers and acquisitions
Adds Legal & General, Rapid7, Edison and International Resources Holding
June 26 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:
** Legal & General's LGEN.L investment management unit said that it is selling its stake in global commodities trader Glencore GLEN.L this year on concerns over its production of thermal coal. nL4N3IO0N7
** Jana Partners, the activist investor that has successfully pushed for the sale of multiple companies, has built a stake in Rapid7 and is urging the cybersecurity company to sell itself, a person familiar with the matter said. nL1N3IO0SW
** Edison EDNn.MI has acquired a 50% stake in a special purpose company aimed at developing a 975 megawatt (MW) offshore floating wind project in Sicily, the utility said. nL8N3IO1F0
** International Resources Holding (IRH), the mining investment arm of United Arab Emirates' richest company, is among investors holding talks on buying into Vedanta Resources' Zambian copper assets, a senior Vedanta executive told Reuters. nL1N3IO0HO
** German engineering group Robert Bosch is weighing a bid for U.S. appliances manufacturer Whirlpool WHR.N, according to three people familiar with the matter, a move that would boost its position in the household appliances market. nL4N3IO113
** Haleon HLN.L will sell its nicotine replacement therapy business outside the U.S. to a unit of India's Dr. Reddy's REDY.NS for 500 million pounds ($632.55 million), the British consumer healthcare company said. nL4N3IO0ZF
** Rovi ROVI.MC has received non-binding offers for its third-party manufacturing business, the Spanish pharmaceuticals firm said , without disclosing the names of the bidders. nL1N3IO0F9
** MNC Capital has increased its bid to acquire sporting and outdoor goods company Vista Outdoor VSTO.N to $3.2 billion, the investment firm said. nL4N3IO0S1
** Qatar Airways is in talks to buy up to a 20% stake in Bain Capital-owned Virgin Australia, the Australian Financial Review (AFR) reported , as carriers fight for more market share in the country against dominant airline Qantas QAN.AX. nL4N3IO0XO
** Private equity giant Blackstone BX.N has agreed to buy British hotel operator Village Hotels, the company said, part of a wider investor push into the hospitality sector as it outperforms the broader commercial property market. nL8N3IO0K8
** Philips PHG.AS shares were up more than 2.5% Wednesday in the wake of a U.S. Securities and Exchange Commission (SEC) filing showing Exor EXOR.AS, the investment arm of Italy's Agnelli family, has increased its stake in the Dutch healthcare technology group. nL1N3IO0A8
** Japan's JX Advanced Metals, a unit of Eneos Holdings 5020.T, said it has agreed to sell an additional 19% stake in the operator of Caserones copper mine in Chile to Canada's Lundin Mining LUN.TO for $350 million. nL1N3IO08T
** Nasdaq NDAQ.O said it has cancelled plans to sell its Nordic power trading and clearing business to Europe's biggest power bourse, the European Energy Exchange (EEX) T3PA.DE. nL4N3IO0DT
** British investment trusts Alliance Trust ATST.L and Witan WTAN.L have agreed to merge to create a company managing 5 billion pounds ($6.33 billion) of assets, in the latest example of consolidation in the fund management sector. nL4N3IO0KF
** U.S. meal delivery group Doordash DASH.O flagged an interest in a takeover of Britain's Deliveroo ROO.L last month, two people familiar with the matter told Reuters. nL1N3IO07C
** British insurer Phoenix Group Holdings PHNX.L said it plans to explore a potential sale of its SunLife business. nL4N3IO0DO
** Zurich Insurance ZURN.S announced a $600 million deal to buy AIG's AIG.N global personal travel insurance and assistance business. nL8N3IO04Q
** Vedanta Resources will sell a 2.6% stake in Indian metals-to-oil firm Vedanta VDAN.NS to a group of institutional investors, the former said in a statement. nL4N3IO0B6
** Investment holding company PCCW 0008.HK said it would sell a 40% stake in Regional Link Telecom Services through a unit for $870 million to CM Capital. nL4N3IN1NN
** Private equity firm Kimmeridge, through its subsidiary Kimmeridge Texas Gas, has acquired a 90% stake in proposed U.S. liquefied natural gas export project Commonwealth LNG, it said on Tuesday. nL1N3IN10N
(Compiled by Rajarshi Roy, Abhinav Parmar and Tanay Dhumal in Bengaluru)
</body></html>Relaterade tillgångar
Senaste nytt
Ansvarsfriskrivning: XM Group-enheter tillhandahåller sin tjänst enbart för exekvering och tillgången till vår onlinehandelsplattform, som innebär att en person kan se och/eller använda tillgängligt innehåll på eller via webbplatsen, påverkar eller utökar inte detta, vilket inte heller varit avsikten. Denna tillgång och användning omfattas alltid av i) villkor, ii) riskvarningar och iii) fullständig ansvarsfriskrivning. Detta innehåll tillhandahålls därför uteslutande som allmän information. Var framför allt medveten om att innehållet på vår onlinehandelsplattform varken utgör en uppmaning eller ett erbjudande om att ingå några transaktioner på de finansiella marknaderna. Handel på alla finansiella marknader involverar en betydande risk för ditt kapital.
Allt material som publiceras på denna sida är enbart avsett för utbildnings- eller informationssyften och innehåller inte – och ska inte heller anses innehålla – rådgivning och rekommendationer om finansiella frågor, investeringsskatt eller handel, dokumentation av våra handelskurser eller ett erbjudande om, eller en uppmaning till, en transaktion i finansiella instrument eller oönskade finansiella erbjudanden som är riktade till dig.
Tredjepartsinnehåll, liksom innehåll framtaget av XM såsom synpunkter, nyheter, forskningsrön, analyser, kurser, andra uppgifter eller länkar till tredjepartssajter som återfinns på denna webbplats, tillhandahålls i befintligt skick, som allmän marknadskommentar, och utgör ingen investeringsrådgivning. I den mån som något innehåll tolkas som investeringsforskning måste det noteras och accepteras att innehållet varken har varit avsett som oberoende investeringsforskning eller har utarbetats i enlighet med de rättsliga kraven för att främja ett sådant syfte, och därför är att betrakta som marknadskommunikation enligt tillämpliga lagar och föreskrifter. Se till så att du har läst och förstått vårt meddelande om icke-oberoende investeringsforskning och riskvarning om ovannämnda information, som finns här.