Deals of the day-Mergers and acquisitions

ALLETE

06/05/2024 14:29

(Adds Synopsys, U.S. Steel, Allete, Brookfield Asset
Management)
       May 6 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on Monday:
    
    ** Synopsys  SNPS.O  will sell its software integrity (SIG)
unit to a private equity consortium led by Clearlake Capital and
Francisco Partners in a deal valued at $2.1 billion, the chip
designer said.  urn:newsml:reuters.com:*:nL4N3H91ZB
        
  
    ** The European Commission approved U.S. Steel's  X.N  $14.9
billion buyout by Japan's Nippon Steel  5401.T , saying the deal
does not raise competition concerns despite the political
opposition that it faces in the United States.  urn:newsml:reuters.com:*:nL4N3H91U0
         
  
    ** Allete  ALE.N  said U.S. investment management company
Global Infrastructure Partners and Canadian pension fund CPP
Investments were taking the clean energy company private in a
$6.2 billion deal.  urn:newsml:reuters.com:*:nL4N3H91G9
        
  
    ** Canada's Brookfield Asset Management  BAM.TO  will invest
about $1.5 billion in U.S.-based private credit manager
Castlelake, the companies said.  urn:newsml:reuters.com:*:nL4N3H91H9
        
  
    ** Energy giant Shell is in talks with Saudi Arabia's
state-owned Saudi Aramco to sell its gas station business in
Malaysia, the second-largest such network in the country, four
industry sources aware of the discussions said, and a deal could
be worth up to $1 billion.  urn:newsml:reuters.com:*:nL3N3GY0NX
    
    ** Czech billionaire Daniel Kretinsky, French investor David
Layani, and a consortium of banks have all filed bids to
restructure the debt of French IT company Atos, it said on
Monday, adding it had already rejected an offer from Bain
Capital.  urn:newsml:reuters.com:*:nL8N3H90KL
    
    ** Quadria Capital said it has invested $102 million in
India's largest dialysis chain NephroPlus, picking up a minority
stake in the company as the Asia-focussed private equity firm
keeps investing in regional healthcare providers.  urn:newsml:reuters.com:*:nL4N3H913I
    
    ** Sabadell's  SABE.MC  board was meeting to discuss an
all-share offer from larger Spanish bank BBVA BBVA.MC that was
worth around 12 billion euros ($12.9 billion) when announced
last week, two sources familiar with the matter said.
 urn:newsml:reuters.com:*:nL1N3H90CW
      
    ** Global investment firm KKR  KKR.N  will buy Indian
medical devices maker Healthium Medtech  HEAT.NS  from UK-based
Apax Partners in a deal that three sources with direct knowledge
of the matter say is valued at 70 billion rupees ($838.60
million)  urn:newsml:reuters.com:*:nL4N3H90S8

 (Compiled by Priyanka G in Bengaluru)
 ((Priyanka.G@thomsonreuters.com;))