Deals of the day-Mergers and acquisitions

Brookfield Business Partners LP

07/04/2022 10:59

(Adds CDK, Pfizer, Bolt Financial and Apollo Capital; Updates
Euronav)
    April 7 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1350 GMT on
Thursday:

    ** Automotive software maker CDK Global Inc  CDK.O  said it
would be taken private by Brookfield Business Partners for $6.41
billion in cash.  urn:newsml:reuters.com:*:nL3N2W528H
    
    ** Belgian oil tanker group Euronav  EUAV.BR  and smaller
Oslo-listed rival Frontline  FRO.OL  plan to merge in an
all-stock transaction valued at $4.2 billion that they said
would cut costs and help in their low-carbon transition.
 urn:newsml:reuters.com:*:nL2N2W50AB
    
    ** Pfizer Inc  PFE.N  said it would buy privately-held
ReViral Ltd in a deal worth as much as $525 million including
milestone payments, to gain access to experimental drugs against
the respiratory syncytial virus (RSV).  urn:newsml:reuters.com:*:nL3N2W526H
    
    ** Berkshire Hathaway Inc  BRKa.N  disclosed that it has
purchased nearly 121 million shares of HP Inc  HPQ.N , the
latest in a series of large investments by the conglomerate
controlled by billionaire Warren Buffett.  urn:newsml:reuters.com:*:nL2N2W5009
    
    ** British online gambling firm 888  888.L  will pay a
smaller price to buy William Hill's international assets from
U.S.-based owner Caesars Entertainment  CZR.O , the companies
said, citing changes in economic and regulatory conditions.
 urn:newsml:reuters.com:*:nL3N2W518C
    
    ** Investment fund Blackstone  BX.N  is working with Italy's
Benetton family over a possible bid for infrastructure group
Atlantia  ATL.MI , three sources familiar with the matter said.
 urn:newsml:reuters.com:*:nS8N2CE02A
    
    ** Online checkout company Bolt Financial Inc said on
Thursday it is buying cryptocurrency infrastructure provider
Wyre Payments Inc in a bid to enable digital-currency payments
on its platform.  urn:newsml:reuters.com:*:nL3N2W527K
    
    ** U.S.-based asset management firm Apollo Capital has made
a non-binding offer to acquire the stake owned by Brazilian
conglomerate Novonor in petrochemical company Braskem SA
 BRKM5.SA , Brazil's newspaper Valor Economico reported.
 urn:newsml:reuters.com:*:nL2N2W50U6

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