Deals of the day-Mergers and acquisitions

BCE

04/11/2024 21:05

(Adds Salzgitter, UniCredit, Catalent and Intel)
       Nov 4 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2100 GMT on Monday:
    
    ** Buyout firms Silver Lake and Bain Capital are among the
potential suitors that are likely to compete to acquire a
minority stake in Altera, the programmable chips business that
Intel  INTC.O  acquired for nearly $17 billion in 2015,
according to people familiar with the matter.  urn:newsml:reuters.com:*:nL1N3MB0TS
        
  
    ** Salzgitter  SZGG.DE  said its second-biggest shareholder
GP Günter Papenburg was considering a potential takeover of the
German steelmaker jointly with a partner.  urn:newsml:reuters.com:*:nL4N3MB1HW
        
  
    **  Italian bank UniCredit  CRDI.MI  said it expected to be
able to merge the Romanian business of Greece's Alpha Bank
ACBr.AT into its own local subsidiary in the second half of next
year, after closing the acquisition.  urn:newsml:reuters.com:*:nL8N3MB1TN
        
  
    ** EU antitrust regulators will decide by Dec. 6 whether to
clear Novo Holdings' acquisition of contract drug manufacturer
Catalent  CTLT.N , according to a filing on the European
Commission website.  urn:newsml:reuters.com:*:nL8N3MB0AK
        
  
        ** Air Transport Services Group  ATSG.O  said it was
being acquired by investment firm Stonepeak in a deal valued at
$3.1 billion, including debt, sending the aircraft lessor's
shares up 22.9% before the bell.  urn:newsml:reuters.com:*:nL4N3MB0WP
    
    ** Canadian telecom firm BCE  BCE.TO  said it would buy
internet services provider Ziply Fiber for C$5 billion ($3.60
billion) in cash, as it looks to expand its fiber footprint in
the United States.  urn:newsml:reuters.com:*:nL4N3MB0SR

    ** Anglo American  AAL.L  has agreed to sell a 33.3% stake
in a joint venture that owns a 70% interest in the Jellinbah
East and Lake Vermont steelmaking coal mines in Australia, for
A$1.6 billion ($1.1 billion).  urn:newsml:reuters.com:*:nL4N3MB0CN
    
    ** British insurer and asset manager M&G  MNG.L  has bought
a majority stake in European real estate investor BauMont, as it
prepares to buy up more commercial property in anticipation of a
market recovery.  urn:newsml:reuters.com:*:nL4N3M81GF
    
    ** Blackstone  BX.N  is in advanced talks to acquire Retail
Opportunity Investments Corp  ROIC.O , which owns U.S. shopping
centers and has a market value of $3.4 billion including debt,
according to people familiar with the matter.  urn:newsml:reuters.com:*:nL1N3MA07P

 (Compiled by Rajarshi Roy and Christy Santhosh & Priyanka.G in
Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))