Deals of the day-Mergers and acquisitions

AWL Agri Business

31/12/2024 11:53

Dec 31 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1200 GMT on Tuesday:

    ** India's Adani Wilmar  ADAW.NS  fell over 6% in early
trade, a day after the Adani Group said it would sell its entire
44% stake in the consumer goods company in a $2 billion deal to
focus on strengthening its infrastructure businesses.
     urn:newsml:reuters.com:*:nL4N3NW04W
    
    ** Hong Kong's CTF Services  0659.HK , part of the
conglomerate owned by billionaire tycoon Henry Cheng and family,
is in early talks with China's state-owned Yuexiu Group to sell
a bundle of toll roads worth $2 billion, Bloomberg News
reported.
     urn:newsml:reuters.com:*:nL4N3NW07R
    
    ** SiriusPoint has entered into an agreement to repurchase
all of its common shares and warrants held by CMIG subsidiary CM
Bermuda – the former owner of Sirius – for $733 million.
     urn:newsml:reuters.com:*:nL6N3NW04H

 (Compiled by Rajarshi Roy and Juveria Tabassum in Bengaluru)
 ((Juveria.Tabassum@thomsonreuters.com))