Deals of the day-Mergers and acquisitions

ASIANA AIRLINES

13/02/2024 14:42

(Adds: Korean Air  Updates: GoTo)
       Feb 13 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT on Tuesday:

        ** Korean Air  003490.KS  won EU antitrust approval to
buy Asiana Airlines  020560.KS  after the companies agreed to
sell the latter's cargo unit and divest routes to four European
cities to a rival.
  
         urn:newsml:reuters.com:*:nL5N3EY2T1
  
        
  
        ** Indonesia's GoTo  GOTO.JK , one of Southeast Asia's
biggest ride-hailing companies, said that it was not in any
discussion with Grab Holdings  GRAB.O  about a potential merger.
  
         urn:newsml:reuters.com:*:nL3N3EY1F3
  

    ** Shares in Tod's  TOD.MI  rose 18.37%, after private
equity firm L Catterton offered to buy 36% of the luxury
shoemaker and take it private, in agreement with the Della Valle
founding family.
     urn:newsml:reuters.com:*:nL5N3EX19J

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