Deals of the day-Mergers and acquisitions

Air Berlin

20/10/2021 11:04

Oct 20 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1000 GMT on Wednesday:
    
    ** German airline Lufthansa  LHAG.DE  and British peer
easyJet  EZJ.L  gained backing from Europe's second top court
for their acquisitions of insolvent German carrier Air Berlin's
assets four years ago.  urn:newsml:reuters.com:*:nL8N2RG2RA
    
    ** Britain's competition regulator has fined Facebook  FB.O 
50.5 million pounds ($69.6 million) for breaching an order
imposed during its investigation into the U.S. social media
giant's purchase of GIF platform Giphy, the agency said.
 urn:newsml:reuters.com:*:nL4N2RG2D4
    
    ** GeoPost, the express parcel arm of French Groupe La Poste
 LAPST.UL , has acquired a 20.15% stake in Dubai-listed courier
firm Aramex  ARMX.DU , according to a regulatory filing.
 urn:newsml:reuters.com:*:nL8N2RG23K
    
    ** Public Power Corp (PPC)  DEHr.AT , Greece's biggest power
utility, has agreed to sell a minority stake in the country's
sole power grid operator HEDNO to Macquarie Asset Management
 MQG.AX , PPC and Macquarie said.  urn:newsml:reuters.com:*:nL8N2RG1Z1
    
    ** Falck Renewables'  FKR.MI  main shareholder agreed to
sell its controlling stake in the Italian energy group to
Infrastructure Investment Fund (IIF), the company said.
 urn:newsml:reuters.com:*:nL8N2RG1UT
        
    ** EDF Renewables UK said that it sold a 49% stake in its
Blyth offshore windfarm in Northeast England to Malaysian
utility Tenaga Nasional Berhad (TNB).  urn:newsml:reuters.com:*:nL8N2RG1KK
    
    ** French holding company Wendel  MWDP.PA  said it was in
exclusive talks to sell decorative paints specialist Cromology
to DuluxGroup, after Dulux made an offer giving Cromology an
entreprise value of 1.26 billion euros ($1.47 billion).
 urn:newsml:reuters.com:*:nFWN2RF1IF
    
    ** BHP Group  BHP.AX  topped a takeover offer for Canadian
nickel miner Noront Resources  NOT.V  by billionaire Andrew
Forrest's Wyloo Metals earlier this week, as the two miners vie
for the key battery metal used in electric vehicles (EVs).
 urn:newsml:reuters.com:*:nL4N2RF4LN
    

 (Compiled by Rajarshi Roy and Chavi Mehta in Bengaluru)