Deals of the day-Mergers and acquisitions

Artisan Partners Asset Management

28/08/2024 10:45

Aug 28 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:

    ** Air France-KLM  AIRF.PA  said it had completed the
acquisition of a 19.9% stake in Scandinavian airline SAS which
has emerged from Chapter 11 bankruptcy proceedings in the United
States.  urn:newsml:reuters.com:*:nL8N3KE1LU

    ** British sportswear and apparel retailer Frasers  FRAS.L 
said it has purchased a 14.65% stake in Australian sportswear
retailer Accent Group Limited.  urn:newsml:reuters.com:*:nL4N3KF0FW

    ** Japan's Seven & i Holdings  3382.T  must act fast to
negotiate a takeover bid from Canada's Alimentation Couche-Tard
ATD.TO that has "historic implications", said a fund manager at
shareholder Artisan Partners Asset Management  APAM.N .
 urn:newsml:reuters.com:*:nL1N3KF02T

    ** Two bidding groups led by Blackstone and IFM Investors
lodged final offers to buy Australian data centre group AirTrunk
in a transaction worth about A$20 billion ($13.55 billion),
according to two sources with direct knowledge of the matter.
 urn:newsml:reuters.com:*:nL1N3KE0DD

 (Compiled by Rajarshi Roy and Harshita Mary Varghese in
Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))