Deals of the day-Mergers and acquisitions

Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP

19/07/2024 17:09

(Adds: Bending Spoons, Ecopetrol, ION, Eletrobras, Skoda,
Praxis Group, Sabesp)
       July 19 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1500 GMT on Friday:
    
    ** Italian app developer Bending Spoons has bought
California-based digital publishing platform Issuu, the
companies said.  urn:newsml:reuters.com:*:nL8N3JB1OR
    
        ** Colombia’s majority state-owned energy company
Ecopetrol  ECO.CN  is in talks with U.S. oil major Occidental
 OXY.N  to possibly buy a stake in CrownRock, it said in a
statement.   urn:newsml:reuters.com:*:nS0N38100L
  
    
        ** Privately-owned fintech group ION has completed the
buyout of Italian bad loan and property manager Prelios from
U.S. hedge fund Davidson Kempner for 1.35 billion euros, the
companies said a statement.  urn:newsml:reuters.com:*:nL8N3JB14Z
  
        
  
        ** Brazilian power company Eletrobras  ELET6.SA  priced
its stake sale in power transmission company ISA Cteep
 TRPL3.SA  at 23.50 reais per share, in an operation that raised
2.19 billion reais ($395 million).  urn:newsml:reuters.com:*:nL1N3JB0GS
  
        
  
        ** Spanish stock market supervisor CNMV urged Czech
company Skoda  to present a higher takeover bid for train maker
Talgo  TLGO.MC  than the Hungarian consortium Ganz-Mavag's or
drop its approach, a CNMV spokesperson said.  urn:newsml:reuters.com:*:nS0N3G0007
  
        
  
        ** Praxis Group said  it was in the early stages of
considering whether to make a cash offer for British property
real estate investment trust Capital & Regional  CAL.L . 
 urn:newsml:reuters.com:*:nL4N3JB10X
  
        
  
        ** Brazilian water utility Sabesp  SBSP3.SA  priced its
privatization offer at 67 reais per share, raising some 14.8
billion reais ($2.67 billion), it said late on Thursday in a
securities filing.  urn:newsml:reuters.com:*:nL1N3JB0EC
  

    ** Britain's Hargreaves Lansdown  HRGV.L  extended the
deadline by which a consortium led by CVC Capital would need to
make a firm offer for the British investment platform to Aug. 5.
  urn:newsml:reuters.com:*:nL4N3JB0SM
    
    ** Britain's competition regulator said it has cleared
Nationwide Building Society's  NBS.L  proposed 2.9-billion-pound
($3.75 billion) all-cash deal to buy Virgin Money UK  VMUK.L . 
 urn:newsml:reuters.com:*:nL4N3JB0IA
    
    ** Proxy advisory firm Glass Lewis has recommended Vista
Outdoor  VSTO.N  shareholders to vote in favor of the proposed
merger of the company's ammunition unit with Czechoslovak Group
(CSG), in a report seen by Reuters on Thursday.  urn:newsml:reuters.com:*:nL4N3JA1OX

 (Compiled by Rajarshi Roy and Pritam Biswas in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))