Deals of the day-Mergers and acquisitions
20/05/2022 14:31
May 20 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1330 GMT on Friday:
** British advertising group M&C Saatchi SAA.L has agreed
to a takeover by consultancy Next Fifteen Communications
NFC.L , which it said represented a better offer than one made
by its biggest shareholder. urn:newsml:reuters.com:*:nL5N2XC10X
** Poland's Agora AGOP.WA expects Polish competition
watchdog UOKiK to appeal a mid-May court verdict clearing the
way for its takeover of Radio Zet owner Eurozet, management
board member Anna Krynska-Godlewska said. urn:newsml:reuters.com:*:nS8N2WP0DD
** Crown Resorts Ltd's CWN.AX shareholders approved a $6.3
billion buyout by Blackstone Inc BX.N , but the deal faces
further delays as it awaits nods from the regulators of states
where the troubled casino operator ran its
businesses. urn:newsml:reuters.com:*:nL3N2XC0W4
** Zurich Insurance ZURN.S has agreed to sell its Russian
business to members of the local team, it said , as the Swiss
insurer became the latest Western firm to exit
Russia. urn:newsml:reuters.com:*:nL5N2XC0OH
** THG's shares THG.L surged 27% in early trading after
the e-commerce company rejected a takeover proposal from two
investment groups and saw buyout interest from property tycoon
Nick Candy. urn:newsml:reuters.com:*:nL3N2XC1B8
** Norway's $1.2 trillion sovereign wealth fund said it has
agreed to buy a 50% stake in the Sony Center property in Berlin
for 677 million euros ($715.8 million) from Oxford Properties
and Madison International Realty. urn:newsml:reuters.com:*:nFWN2XB19A
** Australia's Woolworths Group WOW.AX offered to buy an
80% stake in online retailer MyDeal.com MYD.AX , as it looks to
take on major internet retail giants operating in the country
that includes Amazon.com AMZN.O . urn:newsml:reuters.com:*:nL3N2XB3FK
** Shareholders of Carrefour Brasil CRFB3.SA approved on
Thursday the acquisition of Grupo BIG Brasil SA, according to a
securities filing. urn:newsml:reuters.com:*:nS0N2WV03V
** Exxon Mobil Corp XOM.N on Thursday said it signed a
deal to sell North Texas natural gas properties to producer BKV
Corp for $750 million, as part of a wider move to shed unwanted
assets. urn:newsml:reuters.com:*:nL3N2XB2VI
(Compiled by Rajarshi Roy and Yuvraj Malik in Bengaluru)
((Yuvraj.malik@thomsonreuters.com))