Deals of the day-Mergers and acquisitions

ACI Worldwide

05/01/2023 14:43

(Adds: First Abu Dhabi Bank, Serica Energy, IDBI Bank  
Updates:)
       Jan 5 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT on
Thursday:
        ** First Abu Dhabi Bank  FAB.AD , the United Arab
Emirates' biggest lender, said it was no longer evaluating a
possible offer for Standard Chartered Plc  STAN.L .
  
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        ** Serica Energy  SQZ.L  will look to expand beyond the
British North Sea following the acquisition of smaller rival
Tailwind in order to diversify its revenue sources, its chief
executive said.
  
         urn:newsml:reuters.com:*:nL1N33Q0ON
  
        ** India's market regulator has allowed the government's
shareholding in IDBI Bank  IDBI.NS  to be reclassified as
"public" after its stake sale on condition that its voting
rights do not exceed 15%, the lender said.
  
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    ** Chinese conglomerate Fosun International Ltd  0656.HK 
will completely exit its stake in four separate firms for a
combined 6.7 billion yuan ($974.74 million) to prop up its
general working capital, the debt-laden company said.
    ** Capricorn Energy  CNE.L   rejected a plan by its third
largest shareholder to scrap a proposed merger with NewMed
Energy  NWMDp.TA , saying its was based on false information.
    ** Edison's  EDNn.MI  chief executive said  that rumors
French power group EDF  EDF.PA  plans to sell its Italian arm
are "groundless".
    ** Holcim  HOLN.S  said it will buy Chrono Chape, a French
independent provider of on-site self-leveling screeds.
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    ** Memory chip maker Western Digital Corp  WDC.O  and
Japan's Kioxia Holdings Corp have restarted merger talks,
Bloomberg News reported on Wednesday, citing sources familiar
with the matter.
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    ** The U.S. Securities and Exchange Commission (SEC) has
filed a limited objection to Binance.US' proposed $1 billion
acquisition of bankrupt cryptocurrency lender Voyager Digital, a
bankruptcy court filing showed on Wednesday.
     urn:newsml:reuters.com:*:nL4N33P30T
    ** Payments technology provider ACI Worldwide Inc  ACIW.O 
is in talks with private equity firms for a potential sale of
the company, Bloomberg News reported on Wednesday, citing people
familiar with the matter.
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    ** Dignity Plc  DTY.L  said on Wednesday it is in advanced
talks with a consortium comprising investment firms SPWOne V Ltd
and Castelnau Group Ltd  CGL.L  after receiving unsolicited
buyout proposals in October and November.
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 (Compiled by Rajarshi Roy and Arshreet Singh in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))