Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds: Applus+, CVC and Chevron Updates: Cencora
Oct 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2020 GMT on Wednesday:
** Chevron CVX.N is exploring the sale of some of its older oil and gas assets in the US Gulf, the company confirmed to Reuters, part of an effort to focus on high-growth developments in the region. nL6N46515U
** Buyout firm CVC CVC.AS is exploring a bid to take Swedish-listed security company Verisure VSURE.ST private, the Financial Times reported, citing people familiar with the matter.nL4N4671NW
** The private equity owners of Spanish testing, inspection and certification company Applus+ are exploring options for its vehicle inspection unit, including a potential sale that could value the business at around €1 billion ($1.1 billion), two people familiar with the matter told Reuters. nL6N4670T2** Drug distributor Cencora COR.N said it would acquire American Oncology Network AONC.PK in a deal valuing the cancer care provider at up to $2.4 billion, deepening its reach in community oncology across the United States. nL4N467107
** Brazilian food delivery app iFood, owned by Dutch investor Prosus PRX.AS, said on Tuesday it would buy Caju, a local corporate benefits company and player in Brazil’s meal and grocery voucher market. nL1N46614J
(Compiled by Rajarshi Roy, Miraanta Lowrance and Varun Sahay in Bengaluru)