Deals of the day-Mergers and acquisitions

Aker Solutions ASA

10/01/2025 20:51

(Adds Blackstone, American Express Global Business Travel
Group, Brava Energia, KKR, Prada, Walt Disney, Bridgemere Group,
Stroeer)
       Jan 10 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2030 GMT on Friday:
    
    ** Buyout firm Blackstone  BX.N  is weighing strategic
options, including a sale, for Liftoff that could value the
mobile app marketing provider at more than $4 billion, including
debt, two people familiar with the matter said.  urn:newsml:reuters.com:*:nL6N3O60IS
    
    ** The U.S. has sued to block a proposed merger between
American Express Global Business Travel Group  GBTG.N  and CWT
Holdings, saying the $570 million deal would eliminate
competition between the largest and third largest providers of
business travel management services.  urn:newsml:reuters.com:*:nL1N3O60Z7
    
    ** Brazilian energy company Brava Energia  BRAV3.SA  said it
had received proposals from companies interested in buying
assets from its onshore and shallow water portfolio, without
providing further details.  urn:newsml:reuters.com:*:nL1N3O60X9
    
    ** U.S. private equity fund KKR  KKR.N  is exploring a
potential sale of Viridor Ltd, which could value the UK waste
management firm at as much as 7 billion pounds ($8.55 billion)
including debt, Bloomberg News reported, citing people familiar
with the matter.  urn:newsml:reuters.com:*:nL4N3O61DW
    
    ** Italy's Prada  1913.F ,  1913.HK  is among the potential
suitors looking at fashion group Versace, which has been put up
for sale by its parent Capri Holdings  CPRI.N , and has been
working with Citi to evaluate any bid, a person with knowledge
of the matter said.  urn:newsml:reuters.com:*:nL1N3O607E
    
    ** Walt Disney  DIS.N , Fox  FOXA.O  and Warner Bros
Discovery  WBD.O  abandoned plans to launch Venu Sports, their
live sports joint venture, pulling the plug on the much-heralded
effort after it ran into substantial legal opposition.
 urn:newsml:reuters.com:*:nL4N3O611C
    
    ** British investor Steve Morgan's Bridgemere Group
disclosed a nearly 5% stake in Barratt Redrow  BTRW.L , a filing
showed, making it the third-biggest shareholder in Britain's
largest homebuilder.  urn:newsml:reuters.com:*:nL4N3O6171
    
    ** German advertising group Stroeer  SAXG.DE  is mulling a
potential 4 billion euros ($4.10 billion) sale of its core
advertising business, Bloomberg News reported, citing people
familiar with the matter.  urn:newsml:reuters.com:*:nL4N3O618G

        ** Royalty Pharma  RPRX.O  said it would pay about $1.1
billion to acquire RP Management, an organization that manages
the healthcare firm's operations, as it seeks to simplify its
corporate structure.  urn:newsml:reuters.com:*:nL4N3O60VS
    
    ** Constellation Energy  CEG.O  said it would buy privately
held Calpine Corp, a geothermal and natgas energy company, in a
cash-and-stock deal valued at $26.6 billion including debt,
sending Constellation's shares up 8.8%.  urn:newsml:reuters.com:*:nL4N3O60T6    
    
    ** SOCAR Turkey has signed an agreement to sell its natural
gas distribution subsidiaries Bursagaz and Kayserigaz to Aksa
Dogalgaz.   urn:newsml:reuters.com:*:nL8N3O60A6
    
    ** Britain's Alliance Pharma  ALAPH.L  said it has agreed to
be acquired by asset management firm DBAY Advisors in an
all-cash deal valuing the healthcare group at 349.7 million
pounds ($429.6 million).  urn:newsml:reuters.com:*:nL4N3O60GA
    
    ** Philippines-based Citicore Renewable Energy  CREC.PS  
said Indonesian state-owned oil firm Pertamina will buy a 20%
stake in the pure-play renewable energy company for 6.70 billion
pesos ($114.8 million).  urn:newsml:reuters.com:*:nL4N3O60BV
    
    ** Advertising company Clear Channel Outdoor  CCO.N  said on
Thursday it was selling the Europe-North section of its business
to a subsidiary of Bauer Media Group for $625 million in cash as
part of its strategy to focus more on the U.S. region.
 urn:newsml:reuters.com:*:nL1N3O50DN
    
    ** The Norwegian government said on Thursday it has sold its
6.11% stake in Aker Solutions  AKSOA.OL , a supplier of
engineering and construction services and technology for the
energy sector, for around 963 million crowns ($84.5 million).
 urn:newsml:reuters.com:*:nL8N3O508B
    
    ** Gamma Intermediate completed the sale of 9.5% of
Lottomatica  LTMC.MI  through an accelerated bookbuilding
process, raising some 300 million euros, the group said on
Thursday.  urn:newsml:reuters.com:*:nL8N3O507O
    

 (Compiled by Rajarshi Roy, Vallari Srivastava and Prakhar
Srivastava in Bengaluru)
 ((prakhar.srivastava2@thomsonreuters.com;))