Deals of the day-Mergers and acquisitions

Ain Holdings

06/03/2024 10:45

March 6 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Wednesday:

    ** One of Boeing's  BA.N  biggest customers, Dubai carrier
Emirates, threw its support behind a possible Boeing takeover of
Spirit AeroSystems  SPR.N , saying it would be a step towards
resolving the planemaker's industrial crisis.
     urn:newsml:reuters.com:*:nL2N3FK0KA
    
    ** Italian shipbuilder Fincantieri  FCT.MI  is in talks with
Leonardo  LDOF.MI  to buy the defence group's submarine unit
Whitehead Alenia Sistemi Subacquei (Wass), several newspapers
reported, sending its shares up more than 5%.
     urn:newsml:reuters.com:*:nL5N3FK18U
    
    ** The new price guidance in Piraeus Bank  BOPr.AT  offering
was set at 3.9-4.0 euros per share, Greece's bank bailout fund
(HFSF) said.
     urn:newsml:reuters.com:*:nA8N3CH00N
    
    ** A consortium of investors in London Stock Exchange Group
 LSEG.L  sold about 1.9 billion pounds ($2.41 billion) of shares
in the London bourse owner, as it looks to cash in on rising
interest in LSEG's transition into a financial data powerhouse.
     urn:newsml:reuters.com:*:nL3N3FK1M7
    
    ** Activist fund Oasis Management has bought a 9.6% stake in
Japan's Ain Holdings  9627.T , sending the pharmacy operator's
shares 15% higher to their daily limit.
     urn:newsml:reuters.com:*:nL2N3FK03H

    ** Australia's fourth-biggest bank ANZ Group  ANZ.AX  said 
it had agreed to sell around 546 million shares, or 16.5%
interest, in Malaysian lender AMMB Holdings (AmBank)  AMMB.KL 
for about 2.10 billion ringgit ($443.69 million).
     urn:newsml:reuters.com:*:nL3N3FJ4UL
    
    ** Australian pension fund UniSuper said it had bought an
undeveloped site next to Sydney's planned new international
airport to develop a logistic hub worth around A$3.9 billion
($2.5 billion), its second major property deal in three weeks.
     urn:newsml:reuters.com:*:nL3N3FJ5BS
    
    ** Brazilian airline Azul  AZUL4.SA  said on Tuesday it has
not negotiated or approved any specific deal, as Bloomberg News
reported on Monday the company mulls the acquisition of its
rival Gol  GOLL4.SA .
     urn:newsml:reuters.com:*:nS0N3FB018
    
    ** Cadence Design Systems  CDNS.O  will buy BETA CAE Systems
International AG, which makes software for analyzing car and jet
engine designs, for $1.24 billion in cash and stock, Cadence
said on Tuesday.
     urn:newsml:reuters.com:*:nL3N3FJ3TR

 (Compiled by Rajarshi Roy and Vallari Srivastava in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))