Deals of the day-Mergers and acquisitions

Bally's

25/07/2024 14:40

(Adds: Helmerich & Payne, Bally's Corp, Grab, Stellantis, New
York Community Bancorp)
       July 25 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on
Thursday:

    ** Oilfield services firm Helmerich & Payne Inc  HP.N  said 
that it will acquire Britain's KCA Deutag International for
$1.97 billion in cash, making it one of the biggest rig
providers in the Middle East.
     urn:newsml:reuters.com:*:nL4N3JH1GQ
        
  
    ** Bally's Corporation  BALY.N  has agreed to be acquired by
its largest stockholder, Standard General, in a deal that values
the casino and gaming company at $4.6 billion, including debt.
     urn:newsml:reuters.com:*:nL4N3JH1G3
        
  
    ** Grab  GRAB.O , Southeast Asia's biggest ride-hailing and
food delivery firm, has called off its proposed acquisition of
Singapore's third-largest taxi operator, Trans-cab, according to
a statement from Singapore's competition watchdog.
     urn:newsml:reuters.com:*:nL1N3JH0HE
        
  
    ** Carmaker Stellantis  STLAM.MI  will sell a majority stake
in its robotic unit Comau to One Equity Partners, the three
companies said in a statement, in a move aimed at supporting
Comau expansion beyond the automotive sector.
     urn:newsml:reuters.com:*:nL8N3IP0GB
        
  
    ** New York Community Bancorp's  NYCB.N  unit Flagstar Bank
is selling its residential mortgage servicing business to
non-bank mortgage platform to Mr. Cooper  COOP.O  for nearly
$1.4 billion, it said.
     urn:newsml:reuters.com:*:nL4N3JH18T
    
    ** Singapore's Cyan Renewables, which operates vessels for
offshore wind farms, said it has bought MMA Offshore for A$1.1
billion ($726 million) in the largest takeover deal in this
renewables segment in the Asia Pacific region so far this year.
     urn:newsml:reuters.com:*:nL1N3JH059
    
    ** 3D Investment Partners has offered to become a majority
shareholder in Tohokushinsha  2329.T  and take it private in a
deal that values the Japanese film company at as much as $575
million.
     urn:newsml:reuters.com:*:nL1N3JH00R
    
    ** Unilever  ULVR.L  said it has sold its stake in Qinyuan
Group, also known as Truliva, without disclosing financial terms
of the sale.
     urn:newsml:reuters.com:*:nL4N3JH0H8

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