Deals of the day-Mergers and acquisitions

ASIANA AIRLINES

03/12/2024 10:41

Dec 3 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on Tuesday:

    ** French oil major TotalEnergies  TTEF.PA  is close to
acquiring renewable developer VSB Group from private equity firm
Partners Group  PGHN.S  for about 2 billion euros ($2.10
billion), Bloomberg News reported.  urn:newsml:reuters.com:*:nL6N3N40DQ

    ** Korean Air  003490.KS  said it would complete its
acquisition of smaller domestic rival Asiana Airlines
 020560.KS  by Dec. 11, providing U.S. competition regulators do
not raise objections before then.  urn:newsml:reuters.com:*:nL2N3N4071

    ** Australian telecom major Telstra's  TLS.AX  pension fund
arm TelstraSuper will merge with bigger peer Equip Super
creating a combined fund that would manage around A$60 billion
($38.8 billion), the funds said in a joint statement.
 urn:newsml:reuters.com:*:nL2N3N401A

    ** General Motors  GM.N  said on Monday it will sell its
stake in its joint venture battery plant in Lansing, Michigan to
partner LG Energy Solution  373220.KS  as the Detroit automaker
trims its electric vehicle plans.  urn:newsml:reuters.com:*:nL2N3N4008

 (Compiled by Rajarshi Roy and Aamir Sohail in Bengaluru)
 ((Aamir.sohail@thomsonreuters.com))