Deals of the day-Mergers and acquisitions

Benefit One

08/02/2024 10:34

Feb 8 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Thursday:

    ** British packaging group DS Smith  SMDS.L  said that its
peer Mondi  MNDI.L  was considering a possible offer for the
company, although it has not received a proposal.
     urn:newsml:reuters.com:*:nL4N3ET2H5
    
    ** Japanese life insurer Dai-ichi Life Holdings has reached
agreement with the parent company of Benefit One  2412.T  on its
bid to acquire the healthcare platform, the companies said,
taking a major step in a high-profile takeover battle.
     urn:newsml:reuters.com:*:nL4N3ET1P7
    
    ** Czech oil pipeline operator MERO is in the final stages
of talks to buy Shell Deutschland's 32.5% stake in the
Mineraloelraffinerie Oberrhein refinery (MiRO) in Karlsruhe,
daily paper Hospodarske Noviny reported without citing sources
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    ** Singapore-headquartered corporate solutions and business
advisory firm InCorp Global said  it has been acquired by global
alternative investment firm Hillhouse Investment.
     urn:newsml:reuters.com:*:nL1N3ET06T
    
    ** Shareholders of Hollysys Automation Technologies Ltd.
 HOLI.F  voted in favor of a $1.66 billion takeover proposal
from private equity firm Ascendent Capital Partners Ltd.,
Bloomberg News reported, citing people familiar with the matter.
     urn:newsml:reuters.com:*:nL4N3ET1J9
    
    ** Britain's antitrust regulator provisionally cleared
Turkish domestic appliances maker Arcelik's  ARCLK.IS  proposed
purchase of Whirlpool's  WHR.N  appliances business in Europe .
     urn:newsml:reuters.com:*:nL4N3ET1IH
    
    ** U.S. data security software firm Cohesity told Reuters on
Wednesday it has agreed to acquire Veritas' data protection
business in a deal that values the combined entity at $7
billion.
     urn:newsml:reuters.com:*:nL1N3ET09H
    
    ** Singapore-headquartered corporate solutions and business
advisory firm InCorp Global said  it has been acquired by global
alternative investment firm Hillhouse Investment.
     urn:newsml:reuters.com:*:nL1N3ET05F

 (Compiled by Rajarshi Roy in Bengaluru)
 ((pratyush.thakur@thomsonreuters.com;))