Deals of the day-Mergers and acquisitions

Bakkt

19/11/2024 10:38

Nov 19 (Reuters) - The following bids, mergers,
acquisitions, and disposals were reported by 1030 GMT on
Tuesday:

    ** U.S. activist investor Elliott Management has taken a
5.03% stake in Tokyo Gas  9531.T , a regulatory filing showed,
as it seeks to push Japan's biggest city-gas provider to boost
shareholder value.  urn:newsml:reuters.com:*:nL1N3MQ097
    
    ** Packaging company Amcor Plc  485.F ,  AMCR.N  agreed to
buy peer Berry  BERY.N  in an all-stock deal valuing the latter
at $8.43 billion, the companies said.  urn:newsml:reuters.com:*:nL4N3MQ0RS
    
    ** Bayer  BAYGn.DE  struck a collaboration deal with U.S.
biotech firm Cytokinetics  CYTK.O  to acquire certain rights in
Japan to an experimental heart drug, as the German group
strengthens its cardiovascular business with smaller
deals. urn:newsml:reuters.com:*:nL8N3MQ0FO
    
    ** Australia's Sayona Mining  SYA.AX  will buy U.S.-based
Piedmont Lithium  PLL.O  in an all-stock deal that will
consolidate its Canadian operations and strengthen its exposure
to the North American electric vehicle sector, the companies
said.  urn:newsml:reuters.com:*:nL4N3MQ0CB
    
    ** Donald Trump's social media company is in advanced talks
to buy crypto trading firm Bakkt  BKKT.N , the Financial Times
reported on Monday, citing two people with knowledge of the
talks.  urn:newsml:reuters.com:*:nL4N3MP1F0
    
    **  Building products distributor QXO  QXO.O  has made an
offer to acquire Beacon Roofing Supply  BECN.O , according to a
person familiar with the matter.  urn:newsml:reuters.com:*:nL4N3MP1D0
    
    ** Orla Mining  OLA.TO  will buy the Musselwhite Gold Mine
in Ontario from Newmont  NEM.N  in a deal valued at $850 million
that will help more than double its production of the precious
metal, the Canadian miner said on Monday.  urn:newsml:reuters.com:*:nL4N3MP0PX

 (Compiled by Rajarshi Roy and Pooja Menon in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))