Deals of the day-Mergers and acquisitions

Companhia Siderurgica Nacional SA

17/10/2024 14:39

(Adds: Zuora, LVMH, PAI Partners, CSN, Sanofi, PPG Industries,
Fuji Soft)
       Oct 17 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on
Thursday:

        ** Fuji Soft  9749.T  founder and shareholder Hiroshi
Nozawa said in a letter to the company, seen by Reuters, that he
supports U.S. buyout fund Bain Capital's takeover bid for the
Japanese software developer.  urn:newsml:reuters.com:*:nL1N3LT0CY
    
        ** French billionaire and LVMH  LVMH.PA  chairman
Bernard Arnault has teamed up with energy drinks company Red
Bull to buy a controlling stake in French second-tier soccer
club Paris FC, the Arnault family office said.  urn:newsml:reuters.com:*:nL1N3LT0GO
  
    
        ** Billing software firm Zuora  ZUO.N  said it has
entered into a definitive agreement to be acquired by buyout
firm Silver Lake and Singaporean wealth fund GIC in a deal
valued at $1.7 billion.  urn:newsml:reuters.com:*:nL4N3LT18C
  

        ** A consortium led by French private equity firm PAI
Partners has submitted a new, higher offer for Sanofi's
 SASY.PA  consumer health business Opella, a source close to the
matter said, confirming reports in French media.  urn:newsml:reuters.com:*:nL1N3LT0F3
  
        
  
        ** Brazilian steelmaker CSN's  CSNA3.SA  deal to sell a
stake in CSN Mineracao  CMIN3.SA  to Japan's Itochu  8001.T 
implies a 26% premium over the previous closing price for shares
in its mining subsidiary, a securities filing showed late on
Wednesday.  urn:newsml:reuters.com:*:nL6N3LT0GG
  

        ** PPG Industries  PPG.N  said it would sell its
architectural coatings business in the U.S. and Canada to
American Industrial Partners for about $550 million.
 urn:newsml:reuters.com:*:nL4N3LT120
  

    ** Schneider Electric  SCHN.PA  will pay about $850 million
for a controlling stake in Motivair Corp, a specialist in liquid
cooling for high-performance computing, the French firm said,
beefing up offerings for rapidly growing data centres.
 urn:newsml:reuters.com:*:nL1N3LT05Y
    
    ** Spanish steel maker Sidenor sent a letter stating it was
considering a tender offer for part or all the shares of train
manufacturer Talgo  TLGO.MC , the latter said late on Wednesday
in a filing to the stock market regulator.  urn:newsml:reuters.com:*:nL1N3LT070
    
    ** N Brown Group  BWNG.L  said its fourth biggest
shareholder Joshua Alliance will buy the British online retailer
for about 191 million pounds ($247.9 million).  urn:newsml:reuters.com:*:nL4N3LT0JW

 (Compiled by Rajarshi Roy in Bengaluru)
 ((AnujaBharat.Mistry@thomsonreuters.com))