Deals of the day-Mergers and acquisitions

China Gas Holdings

06/06/2022 11:44

June 6 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1040 GMT on Monday:
    
    ** China's state-owned China Three Gorges has agreed to buy
a portfolio of photovoltaic power assets in Spain worth about
200 million euros ($214.52 million), Spanish newspaper Expansion
reported, citing unidentified market sources.  urn:newsml:reuters.com:*:nL1N2XT0G0
    
    ** Energy Transfer LNG, a unit of Energy Transfer LP  ET.N ,
entered into a deal to supply 0.7 million tonnes of liquefied
natural gas a year to China Gas Holdings  0384.HK  on a
free-on-board basis for 25 years, the companies said on Sunday.
 urn:newsml:reuters.com:*:nL4N2XT185
    
    ** British jet and auto parts supplier Melrose Industries
Plc  MRON.L  agreed to sell its Ergotron unit, maker of
ergonomic desks and office accessories, for $650 million as it
offloads the last remaining business from its 2016 Nortek deal.
 urn:newsml:reuters.com:*:nL4N2XT13J
    
    ** British advertising group M&C Saatchi  SAA.L , which last
month agreed a takeover by consultancy Next Fifteen
Communications  NFC.L , has removed Vin Murria, its biggest
shareholder, from its board, it said.  urn:newsml:reuters.com:*:nL8N2XT0VZ
    
    ** Spanish construction firm Sacyr  SCYR.MC  said it sold
its entire stake in Repsol  REP.MC  as well as options it held
on shares of the Spanish oil company for an unspecified amount.
 urn:newsml:reuters.com:*:nL1N2XT0C4
    
    ** Singapore-headquartered Carro, a Southeast Asian online
used-car marketplace, has acquired a 50% stake in the rental
unit of Indonesian automotive group PT Mitra Pinasthika Mustika
Tbk  MPMX.JK  for nearly $54 million, both companies said in a
joint statement.  urn:newsml:reuters.com:*:nL1N2XT01Z
    
    ** Saudi Arabia's sovereign wealth fund, the Public
Investment Fund, said on Sunday it will buy a 23.97% stake in
Capital Bank Group, one of the largest banking groups in Jordan,
Iraq and the Middle East and North Africa (MENA) region.
 urn:newsml:reuters.com:*:nL1N2XS04B

 (Compiled by Rajarshi Roy and Ruhi Soni in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))