Deals of the day-Mergers and acquisitions

Colt CZ SE

30/11/2023 10:54

Nov 30 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1045 GMT on
Thursday:
    
    ** Lufthansa  LHAG.DE  and the Italian state airline ITA
Airways could give up take-off and landing slots at Milan-Linate
airport to try and win approval for their merger from the
European Union's competition authority, three sources told
Reuters.
     urn:newsml:reuters.com:*:nL8N3CV2W6
    
    ** Crisis-hit Swedish streaming group Viaplay  VPLAYb.ST 
said it has agreed to sell Premier Sports in Britain to SSBL,
from which it bought the TV channel last year.
     urn:newsml:reuters.com:*:nL1N3CV0TU
    
    ** BP  BP.L  has agreed to take full ownership of
Lightsource BP, buying the remaining 50% stake in its solar
power joint venture as part of the British oil giant's drive to
build up its renewable energy capacity.
     urn:newsml:reuters.com:*:nL4N3CV2DS
    
    ** U.S. sporting and outdoor products group Vista Outdoor's
 VSTO.N  board has rejected a cash-and-stock merger offer from
Czech gunmaker Colt CZ Group  CZG.PR , the company said.
     urn:newsml:reuters.com:*:nL1N3CV0N6
    
    ** Hungary's state-owned Corvinus and French company Vinci
Airports have notified the European Commission of a proposed
joint takeover of Budapest's airport, according to a document
posted on the EU website.
     urn:newsml:reuters.com:*:nL1N3CV0KN
    
    ** Japanese retail conglomerate Seven & i Holdings  3382.T 
said  it has agreed to purchase the 7-Eleven convenience store
chain in Australia for A$1.71 billion ($1.1 billion), further
expanding its ownership of the brand.
     urn:newsml:reuters.com:*:nL1N3CV0CV
    
    ** JPMorgan bought a 10.6% stake in Spanish defence systems
maker Indra  IDR.MC , the stock market regulator said .
     urn:newsml:reuters.com:*:nL8N3CV1BV
    
    ** Occidental Petroleum  OXY.N  is one of the finalists in
the auction for CrownRock, an energy producer in the west Texas
area of the Permian basin, with a bid of more than $10 billion,
a person familiar with the matter told Reuters.
     urn:newsml:reuters.com:*:nL4N3CV0V1
    
    ** Origin Energy  ORG.AX  rejected a "complex" $10.6 billion
back-up offer by a Brookfield-led consortium to buy out the firm
but recommended investors agree to the group's existing bid.
     urn:newsml:reuters.com:*:nL1N3CV011

    ** Discover Financial Services  DFS.N  said it was exploring
the sale of its students loan portfolio.
     urn:newsml:reuters.com:*:nL4N3CU4LN
    
    ** Banijay, the French TV production group owned by FL
Entertainment  FLE.AS , has submitted a binding offer for
British rival All3Media, three people familiar with the matter
told Reuters.
     urn:newsml:reuters.com:*:nL8N3CU6N8

 (Compiled by Rajarshi Roy and Granth Vanaik in Bengaluru)
 ((Granth.Vanaik@thomsonreuters.com))