Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds: Volkswagen Updates: Northern Star Resources
Sept 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday:
** Volkswagen VOWG_p.DE said it would deepen its partnership with Gotion 002074.SZ and accelerate the development of a European battery supply chain through a series of joint ventures, while separately agreeing to sell a 5.3% equity stake in the Chinese battery maker.
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** Australia's top gold producer Northern Star Resources NST.AX said it rejected an unsolicited A$38.7 billion ($27.1 billion) takeover proposal from South Africa's Gold Fields GFIJ.J, the latest sign of consolidation pressure in the gold sector.
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** A.P. Moller Capital, the infrastructure investment arm of Denmark's A.P. Moller Group, said it had agreed to acquire a majority stake in European ports operator Euroports. nL6N45K0GL
** Belgian imaging and IT firm Agfa AGFB.BR will combine its digital printing unit with Siris' industrial inkjet maker EFI to form a jointly owned global business, the companies said. nL6N45K0BW
** Singapore state investor Temasek has bought a 9% minority stake in the management company of Milan-based private equity group FSI and committed additional capital for future investments, the companies said in a joint statement. nL8N45J03P
(Compiled by Rajarshi Roy and Tyakshi Singh in Bengaluru)
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