Deals of the day-Mergers and acquisitions

ASIANA AIRLINES

12/01/2024 15:42

(Adds: BlackRock, CoinShares International, Korean Air
Updates:)
       Jan 12 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1540 GMT, on Friday:

        ** BlackRock  BLK.N  said it would buy Global
Infrastructure Partners (GIP) for $12.5 billion in a major bet
on alternative assets and announced a shake-up of its top
management.
  
         urn:newsml:reuters.com:*:nL4N3E22OD
  
    
        ** CoinShares International  CS.ST  said it has
exercised an option to acquire Valkyrie Funds, expanding the
European digital asset firm's U.S. offerings, after Valkyrie's
spot bitcoin exchange-traded fund won the U.S. regulator's
approval.
  
         urn:newsml:reuters.com:*:nL4N3E23H9
  
    
        ** Korean Air  003490.KS  is expected to win EU
antitrust approval to buy Asiana Airlines  020560.KS  after the
companies pledged to sell the latter's cargo unit and divest
routes to four European cities, two people with direct knowledge
of the matter said.
  
         urn:newsml:reuters.com:*:nL1N3E21AS
  

    ** Hillhouse and Japan's Mitsui & Co  8031.T  have emerged
as final bidders vying for Singapore-headquartered traditional
Chinese medicine chain Eu Yan Sang International, in a deal that
could fetch over $700 million, two people with knowledge of the
matter said.
     urn:newsml:reuters.com:*:nL1N3E20J2
    
    ** Solaris Resources  SLS.TO  said on Thursday that Chinese
mining firm Zijin Mining Group  601899.SS  plans to acquire a
15% stake in the Canadian miner for about C$130 million ($96.99
million), in a deal that would test Canada's new foreign
investment rules.
     urn:newsml:reuters.com:*:nL4N3E1419
    
    ** Bain Capital and Hellman & Friedman are competing to
acquire DocuSign Inc  DOCU.O , the provider of online signature
services with a market value of about $12.5 billion, according
to people familiar with the matter.
     urn:newsml:reuters.com:*:nL1N3E130P

 (Compiled by Rajarshi Roy and Puyaan Singh in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))