Deals of the day-Mergers and acquisitions

Catalent

21/10/2024 15:05

(Adds: Secureworks, Atlantic Union Bankshares, Catalent, Viad
Corp   Updates: EQT AB, DNB, CITIC Ltd)
       Oct 21 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on Monday:

    ** Cybersecurity firm Sophos, which is backed by private
equity firm Thoma Bravo, said it will acquire Secureworks
 SCWX.O  for $859 million in an all-cash deal to strengthen its
cybersecurity offering for small, mid and enterprise customers.
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    ** Catalent  CTLT.N  CEO Alessandro Maselli said he will
remain at the helm of the U.S.-based contract drugmaker after it
is acquired by Novo Holdings, the controlling shareholder of
weight-loss drug manufacturer Novo Nordisk  NOVOb.CO .
     urn:newsml:reuters.com:*:nL4N3LX0U6
    
    ** Swedish investment firm EQT AB  EQTAB.ST  has formed a
consortium with Neuberger Berman Private Markets and the Canada
Pension Plan Investment Board to take ownership of international
schools operator Nord Anglia Education for $14.5 billion
including debt.
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    ** Atlantic Union Bankshares  AUB.N  will buy smaller rival
Sandy Spring Bancorp  SASR.O  for $1.6 billion, they said, as
the regional lender looks to bolster its presence in Northern
Virginia and Maryland.
     urn:newsml:reuters.com:*:nL4N3LX0PW

    ** Norway's largest bank DNB  DNB.OL  has agreed to buy
Swedish investment bank and asset manager Carnegie from private
equity firm Altor and minority owners for around 12 billion
Swedish crowns ($1.14 billion), it said.
     urn:newsml:reuters.com:*:nL8N3LX05P
        
  
    ** China's state-owned CITIC Ltd  0267.HK  has agreed to
sell its 19.23% stake in the company that operates fast-food
chain McDonald's across China and Hong Kong for $430.3 million,
fully exiting the business.
     urn:newsml:reuters.com:*:nL4N3LX0MP
        
  
    ** Travel and lodging operator Viad Corp  VVI.N  agreed to
sell its events and conferences business GES to private equity
firm Truelink Capital for $535 million, according to a statement
seen by Reuters.
     urn:newsml:reuters.com:*:nL1N3LW091

    ** Polish software firm TTMS is planning a European
acquisition in 2025, focusing on Scandinavia, Germany, and
Switzerland, while takeovers in the U.S. will probably be
conducted in 2026-27, its CEO Sebastian Sokolowski said on a
press call.
     urn:newsml:reuters.com:*:nS8N3L901X
    
    ** Shares in Dutch coffee maker JDE Peet's  JDEP.AS  surged
more than 16% after German conglomerate JAB said it will
increase its majority stake to 68% by acquiring all of
Mondelez's  MDLZ.O  shares in a 2.2 billion euro ($2.4 billion)
deal.
     urn:newsml:reuters.com:*:nL1N3LX07B

    ** Adar Poonawalla, CEO of vaccine maker Serum Institute of
India, will buy a 50% stake in filmmaker Karan Johar's Dharma
Productions for 10 billion rupees ($119 million), the Bollywood
studio said.
     urn:newsml:reuters.com:*:nL4N3LX0CU
    
    ** French drugmaker Sanofi  SASY.PA  said it had entered
exclusive talks to sell a 50% controlling stake in its consumer
health business Opella to U.S. private equity firm Clayton
Dubilier & Rice (CD&R).
     urn:newsml:reuters.com:*:nL1N3LX04L
    
    ** New York-based insurer MetLife Inc  MET.N  is in advanced
talks to buy PineBridge Investments' assets outside of China in
a deal that could be valued at $1 billion to $1.5 billion,
Bloomberg News reported.
     urn:newsml:reuters.com:*:nL4N3LX0CX
    
    ** UBS  UBSG.S  is offloading part of the Credit Suisse
business it acquired last year, with a deal to sell the fallen
bank's 50% stake in credit card provider Swisscard.
     urn:newsml:reuters.com:*:nL8N3LX04S

 (Compiled by Rajarshi Roy and Rishi Kant in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))