Deals of the day-Mergers and acquisitions

Brilliance China Automotive Holdings

09/09/2021 11:14

Sept 9 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1012 GMT on Thursday:

    ** U.S. lockmaker Spectrum Brands Holdings Inc  SPB.N  has
agreed to sell its hardware and home improvement division to
Swedish rival Assa Abloy  ASSAb.ST  for $4.3 billion in cash.
 urn:newsml:reuters.com:*:nL4N2QA3EA
    
    ** 888  888.L  will buy William Hill's business outside the
United States from casino group Caesars  CZR.O  for 2.2 billion
pounds ($3 billion), making a foray on to Britain's high streets
with 1,400 betting shops.  urn:newsml:reuters.com:*:nL4N2QB1GI
    
    ** U.S. investment bank Houlihan Lokey Inc  HLI.N  has
raised its offer price to buy Japanese mergers and acquisitions
(M&A) advisory firm GCA Corporation  2174.T  for about $599.1
million (65.9 billion yen) in cash, the company said.
 urn:newsml:reuters.com:*:nL4N2QB1NB
    
    ** EasyJet  EZJ.L  has rejected a takeover offer and will
instead raise $1.7 billion from shareholders to strengthen its
position in a European market struggling to recover from the
COVID-19 pandemic, the British airline said.  urn:newsml:reuters.com:*:nL8N2QB15H
    
    ** Roche Holding  ROG.S  has agreed to buy long-term partner
TIB Molbiol, a German biotech group, to enhance its portfolio of
molecular diagnostics, the Swiss drugmaker said, giving no
financial terms for a deal set to close by year-end.
 urn:newsml:reuters.com:*:nASN001MWC
    
    ** Japanese financial group SBI Holdings Inc  8473.T 
announced an offer to buy a near majority stake in Shinsei Bank
Ltd  8303.T  in an unsolicited bid to take effective control of
the lender.  urn:newsml:reuters.com:*:nL1N2QB0CJ
    
    ** Dubai-listed courier Aramex  ARMX.DU , partly owned by
Abu Dhabi state investor ADQ, is in advanced talks to buy
Turkish delivery company MNG Kargo, three sources said.
 urn:newsml:reuters.com:*:nL1N2QB0I5
    
    ** Australian fund IFM's offer for a 22.69% stake in Spanish
power company Naturgy  NTGY.MC  will be open between Sept. 9 and
Oct. 8, Spanish stock market regulator CNMV said.  urn:newsml:reuters.com:*:nL1N2QB0DU
    
    ** Low-cost airline Wizz Air Holding  WIZZ.L  made a
takeover approach for easyJet that its British rival rejected, a
source close to the matter said.  urn:newsml:reuters.com:*:nL8N2QB1O2
    

 (Compiled by Rajarshi Roy and Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com;))