Deals of the day-Mergers and acquisitions
29/11/2021 11:00
Nov 29 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1100 GMT on Monday:
** Shares in BT BT.L jumped as much as 9% before sliding
back, after India's Reliance Industries RELI.NS denied a media
report it was weighing a bid for the British telecoms
group. urn:newsml:reuters.com:*:nL8N2SK1MN
** Nigeria's Seplat Energy SEPLAT.LG along with a partner
is in talks to buy ExxonMobil's XOM.N shallow-water oilfields
in the African nation, the company said, cautioning there was no
certainty about the outcome. urn:newsml:reuters.com:*:nL4N2SK2GK
** Flooring products maker Victoria Plc VCP.L said it
would buy the rugs division along with the UK polypropylene
carpet and non-woven carpet businesses of Belgium's Balta Group
NV BALTA.BR for 138 million euros ($155.50
million). urn:newsml:reuters.com:*:nL4N2SK1YA
** Swiss dermatology company Galderma has bought
California-based Alastin, a firm specialising in specialist
skincare products, for an undisclosed price, Galderma Chief
Executive Flemming Ornskov said. urn:newsml:reuters.com:*:nL8N2SI0DE
** South Africa's Impala Platinum IMPJ.J said it was
planning to make an offer to buy smaller platinum group metals
producer Royal Bafokeng RBPJ.J for 150 rand per share in a
cash-and-stock deal. urn:newsml:reuters.com:*:nL4N2SK1MH
** The UK competition regulator is expected to block Meta
Platforms' FB.O acquisition of online GIF platform Giphy in
the coming days, the Financial Times reported. urn:newsml:reuters.com:*:nL4N2SK14I
** Private equity firm Clearlake Capital has struck a deal
to buy Quest Software Inc from Francisco Partners, valuing it at
$5.4 billion including debt, the Wall Street Journal reported on
Sunday, citing people familiar with the matter. urn:newsml:reuters.com:*:nL4N2SJ0RA
** British resort chain Butlin's, which is owned by
Blackstone BX.N , is expected to be put up for sale next year
as many Britons opt for staycations as a result of the COVID-19
pandemic, Sky News reported on Saturday. urn:newsml:reuters.com:*:nL1N2SI06F
** Controlling shareholders of Brazilian medical diagnostics
company Alliar have accepted a takeover proposal by an
investment fund linked to tycoon Nelson Tanure, the firm said in
a Friday securities filing. urn:newsml:reuters.com:*:nL1N2SI00H
($1 = 0.8857 euros)
($1 = 16.1251 rand)
(Compiled by Rajarshi Roy and Ruhi Soni in Bengaluru)
((Ruhi.Soni@thomsonreuters.com;))