Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Updates: Wendy's; Adds: MGM Resorts, Rho Nutrition and Airbus
Oct 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:
** Airbus' CFO said that discussions with European antitrust authorities on a planned merger of the satellite businesses of the European aerospace group with Italy's Leonardo and France's Thales ones were constructive but had not yet been concluded. nS8N44G029
** Rho Nutrition, a maker of liquid supplements and vitamins, is exploring a sale that could value the company at over $500 million, according to people familiar with the matter. nL6N46D1JK
** Billionaire Nelson Peltz and several partners offered to buy burger chain Wendy's WEN.O for $1.4 billion, arguing that the struggling fast-food chain needs a turnaround that would be best achieved out of the public eye.nL6N46E0S8
** MGM Resorts International MGM.N said it had amended its existing voting agreement with People Inc PPLI.O after the investor withdrew its previously announced proposal to acquire the casino operator. nL3N46E1L2
** Australia's Macquarie MQG.AX said its investment arm has agreed to buy stakes in South Korea's Gabia 079940.KQ and KINX 093320.KQ from their major shareholders at 53,000 won and 190,000 won per share, respectively, with the total value undisclosed. nL3N46E0WG
** GE Vernova GEV.N said it would buy high-voltage grid equipment maker Trench Group in a $9 billion deal from investment firm Triton Partners and raised its full-year revenue forecast for the third straight time. nL3N46E0ZO
** French oil major TotalEnergies TTEF.PA said it has acquired a 25% working interest in 26 offshore exploration leases operated by Chevron CVX.N in the United States. The value of the transaction was not disclosed. nFWN46D1XC
** Global alternative asset manager TPG TPG.O is in talks to buy British data centre group Ark from Elliott Investment Management at a valuation of about $5 billion, the Financial Times reported, citing people familiar with the matter. nL6N46E09H
** Ares Capital ARCC.O said on Tuesday it will buy Apollo's MidCap Financial Investment MFIC.O in a stock-and-cash deal with an enterprise value of about $2.6 billion, strengthening its foothold in direct lending to mid-sized businesses. nL3N46D0YQ
** Australia's Ingenia Communities INA.AX said it had received a fourth, improved A$2.24 billion ($1.55 billion) offer from private equity firm Warburg Pincus, sending the property developer's shares to a 10-month high. nL3N46D295
** Intel INTC.O has agreed to acquire Israeli quantum computing software company Classiq for about $2.3 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter. nL6N46D139
(Compiled by Rajarshi Roy, Shania S Thomas and Prakhar Srivatava in Bengaluru; Editing by Shailesh Kuber)
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Deals of the day-Mergers and acquisitions