Deals of the day-Mergers and acquisitions

Aareal Bank AG

13/01/2022 17:25

(Adds Nubank, Amancio Ortega)
    Jan 13 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Thursday:
   
    ** Nubank  NU.N  said it was not interested in bidding for
Citigroup's  C.N  Citibanamex consumer banking business in
Mexico, pouring cold water on analyst speculation the Brazilian
online lender could consider such a purchase.  urn:newsml:reuters.com:*:nL1N2TT1S7
    
    ** Spanish billionaire and Zara founder Amancio Ortega has
agreed to buy a landmark Canadian skyscraper for around 800
million euros ($916.88 million), according to his private
office.  urn:newsml:reuters.com:*:nL1N2TT1Z8
    
    ** Hyundai Heavy Industries'  267250.KS  proposed takeover
of rival Daewoo Shipbuilding & Marine Engineering Co Ltd
 042660.KS  to create the world's biggest shipbuilder was hit
with an EU veto on Thursday on concerns that the deal would hurt
competition.  urn:newsml:reuters.com:*:nL8N2TT39H
    
    ** The investor VBL plans to accept a takeover bid made by
U.S.-based Advent International and Centerbridge Partners for
Germany's Aareal Bank  ARLG.DE , two people with knowledge of
the matter said.  urn:newsml:reuters.com:*:nL8N2TT2LJ
    
    ** China Cinda Asset Management  1359.HK  said it plans to
scrap an agreement to buy a 20% stake in the consumer finance
arm of Ant Group, worth 6 billion yuan ($943.83 million).
 urn:newsml:reuters.com:*:nL4N2TT38M

    ** Brazilian chicken and pork processor BRF SA  BRFS3.SA 
signed a memorandum of understanding with Saudi Arabia's
sovereign fund to create a joint venture to make poultry
products in the Middle Eastern country, it said.  urn:newsml:reuters.com:*:nL1N2TT0XH
    
    ** Energy drinks maker Monster Beverage Corp  MNST.O  said 
it had agreed to buy craft beer and hard seltzer maker CANarchy
Craft Brewery Collective Llc for $330 million in cash, marking
its entry into the alcoholic drinks market.  urn:newsml:reuters.com:*:nL4N2TT2XE
        
    ** Brazilian lender Itau Unibanco Holding SA  ITUB4.SA  said
 it had reached a deal to acquire digital broker Ideal, in its
first move in the brokerage sector after divesting its stake in
rival XP Inc  XP.O .  urn:newsml:reuters.com:*:nL1N2TT0VR
                      
    ** Japan's Hitachi Ltd  6501.T  will sell about half its 51%
stake in unit Hitachi Construction Machinery Co  6305.T  to
trading firm Itochu Corp  8001.T  and investment fund Japan
Industrial Partners, public broadcaster NHK reported.
 urn:newsml:reuters.com:*:nL4N2TT1EC
    
    ** Australia's biggest casino operator, Crown Resorts Ltd
 CWN.AX , said its board was likely to back an improved A$8.87
billion ($6.46 billion) buyout proposal from U.S. private equity
firm Blackstone Inc  BX.N  unless a higher offer emerged.   
 urn:newsml:reuters.com:*:nL4N2TS3NX
    
    ** Colombia's Grupo Gilinski is to become the second-largest
shareholder in Grupo SURA  SIS.CN  and Nutresa  NCH.CN  after
securing 25.42% and 27.69% of each company's shares
respectively, the Colombian Stock Exchange said in two separate
statements on Wednesday.  urn:newsml:reuters.com:*:nL1N2TS307
    
    ** Major cryptocurrency exchange Coinbase  COIN.O  said it
is buying a crypto futures exchange, FairX, as part of a move to
offer crypto derivatives to traders in the United States.
 urn:newsml:reuters.com:*:nL8N2TT2C6

 (Compiled by Mehnaz Yasmin, Rajarshi Roy and Kannaki Deka in
Bengaluru)
 ((Kannaki.Deka@thomsonreuters.com))