Deals of the day-Mergers and acquisitions

Aareal Bank AG

27/12/2021 11:05

(Adds Daiwa)
    Dec 27 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Monday:
    
    ** Daiwa Securities Group Inc  8601.T , Japan's
second-largest brokerage and investment bank, is no longer
hesitant to advise a hostile acquirer if a deal would benefit
the target company or its industry, its CEO told Reuters.
 urn:newsml:reuters.com:*:nL4N2TB00Q
    
    ** Telefonica  TEF.MC  has bought 5G network equipment from
Swedish manufacturer Ericsson  ERICb.ST  to replace some of the
Huawei gear it has rolled out in Spain, a source at the Spanish
firm said, confirming a report in Expansion newspaper.
 urn:newsml:reuters.com:*:nL1N2TC09Y   
    
    ** Italian regional utility A2A  A2.MI  said it had agreed
to buy a majority stake in north-eastern peer Volta Green
Energy, adding the deal would more than double its 300 megawatts
(MW) of solar and wind assets.  urn:newsml:reuters.com:*:nL8N2TC107  
    
     ** Germany's Aareal Bank  ARLG.DE  said its management
board and supervisory board recommend shareholders accept the
takeover bid made by U.S.-based Advent International and
Centerbridge Partners, saying the offer was fair.  urn:newsml:reuters.com:*:nASN002108 
    
    ** China Huarong Asset Management Co  2799.HK  said that it
will sell a 70% stake in its consumer finance unit for 1.1
billion yuan ($172.64 million) to Bank of Ningbo  002142.SZ , as
Huarong continues to divest assets as part of a business revamp.
 urn:newsml:reuters.com:*:nFWN2T904M 
    
    ** S&P Global  SPGI.N  and IHS Markit  INFO.N  said they
would sell a couple of businesses to satisfy antitrust
requirements attached to the $44 billion merger of the financial
information providers.  urn:newsml:reuters.com:*:nL4N2TC1LU 

 (Compiled by Oishee Majumdar and Ruhi Soni in Bengaluru)
 ((Ruhi.Soni@thomsonreuters.com ; Twitter: https://twitter.com/ruhithere
 ;))