XM Amerika Qoʻshma Shtatlari fuqarolariga xizmat koʻrsatmaydi.

Deals of the day-Mergers and acquisitions



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Adds: British Land, Zayo Group, Fennemore Craig, Altor

Oct 2 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 1950 GMT on Wednesday:


** Property firm British Land Co Plc BLND.L said on Wednesday it has acquired a portfolio of seven retail parks from Brookfield Asset Management BAM.TO for 441 million pounds ($585.34 million), increasing its position in the retail park market.

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** Fiber network owner Zayo Group and buyout firm TPG are competing to acquire the fiber and wireless assets of Crown Castle CCI.N, in a deal that could be valued at nearly $10 billion, according to people familiar with the matter.

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** U.S. law firm Fennemore Craig said on Tuesday that it has absorbed a small technology-focused law firm as part of a push to integrate artificial intelligence into its work and give clients more alternative pricing options such as flat fees.

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** Private equity firm Altor said on Wednesday it has agreed to buy a majority stake in Canada's iconic 125-year-old brand CCM Hockey, which specializes in manufacturing sports equipment and apparel.

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** Spain's BBVA BBVA.MC said it had adjusted its takeover offer for Sabadell SABE.MC to take into account interim dividend payments from both lenders to shareholders in order to maintain the economic terms of the bid.

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** The supervisory board of German state railway operator Deutsche Bahn [RIC:RIC:DBN.UL] has approved the sale of its profitable logistics unit Schenker to Denmark's DSV DSV.CO, board sources said, batting away pushback from spurned bidder CVC CVC.AS.

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** Korea Zinc 010130.KS said it was making a public tender offer to buy an up to 16% stake in the company for 2.7 trillion won ($2.0 billion), seeking to fend off what it has termed as a hostile takeover attempt on the world's biggest refined zinc producer.

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** Brembo BRBI.MI has sold its entire 5.6% stake in tyre maker Pirelli PIRC.MI for around 283 million euros ($313 million), a move dampening speculation about a merger between the two Italian groups.

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** KKR KKR.N is considering a takeover bid for chip equipment maker ASMPT 0522.HK, Bloomberg News reported, citing people familiar with the matter.

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** UK online electricals retailer AO World AO.L said it would buy the retailer of used smartphones and electronic products musicMagpie MMAG.L for about 10 million pounds ($13.3 million) to boost its mobile and consumer tech businesses.

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(Compiled by Rajarshi, Roy Neil J Kanatt and Mariam Sunny in Bengaluru)

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