Deals of the day-Mergers and acquisitions

Crimson Tide

21/06/2024 15:08

(Adds: Friedkin Group, American Express, Carlyle Group, Crimson
Tide)
       June 21 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1400 GMT on Friday:
    
        ** The Friedkin Group is in exclusive talks to buy
Everton, the Premier League soccer club said, weeks after a
takeover agreement with prospective owner 777 Partners expired.
 urn:newsml:reuters.com:*:nL1N3IJ0GH
    
        ** Credit card giant American Express  AXP.N  said it
would buy Squarespace-owned  SQSP.N  restaurant booking platform
Tock for $400 million in cash.  urn:newsml:reuters.com:*:nL4N3IJ0WZ
  
    
        ** U.S. private equity firm Carlyle Group  CG.O  is
pushing ahead with the sale of Italian fashion brand Twinset,
asking potential bidders to submit non-binding offers, two
sources close to the matter said.  urn:newsml:reuters.com:*:nL8N3II08V
  

        ** Britain's Crimson Tide  CTID.L  said it was
considering a 20.5 million pound ($25.9 million) conditional
takeover proposal from Ideagen after the software firm rejected
a revised offer from rival Checkit  CKT.L .  urn:newsml:reuters.com:*:nL4N3IJ0VC
  
    
    ** Boeing  BA.N  is nearing a deal to buy back Spirit
AeroSystems  SPR.N  after its former subsidiary made substantial
progress in separate talks with Airbus  AIR.PA  over a
transatlantic breakup of the struggling supplier, people
familiar with the matter said on Thursday.  urn:newsml:reuters.com:*:nL1N3II137
    
    ** Dutch bank ABN Amro  ABNd.AS  is seeking to further
expand in Germany as it is nearing a deal to acquire HSBC's
 HSBA.L  wealth management unit in the country, newspaper
Boersenzeitung reported , without specifying its sources.
 urn:newsml:reuters.com:*:nL8N3IJ0F0
    
    ** British soft drinks maker Britvic  BVIC.L  has rejected a
3.11 billion pound ($3.93 billion) takeover proposal from
Carlsberg Group  CARLb.CO , the companies said, the second
approach from the Danish brewer it has turned down.  urn:newsml:reuters.com:*:nL4N3IJ0I6
    
    ** Real estate company Covivio  CVO.PA  has signed a
preliminary agreement finalising terms on a proposed asset-swap
deal with AccorInvest, it said .  urn:newsml:reuters.com:*:nL1N3IJ060
    
    ** A contract arbitration panel that could block or
green-light the $53 billion sale of Hess Corp  HES.N  to Chevron
 CVX.N  remains incomplete three months after the case was
filed, stalling a decision on whether Exxon Mobil  XOM.N  has a
right of first refusal over Hess' Guyana operations.
 urn:newsml:reuters.com:*:nL1N3IF0H5
    
    ** Shares of Western Securities  002673.SZ  jumped more than
6% in early trading  after the Chinese brokerage said it was
studying plans to acquire rival Guorong Securities.  urn:newsml:reuters.com:*:nP8N3CG02K
    
    ** U.S. casino operator Boyd Gaming  BYD.N  has approached
Penn Entertainment  PENN.O  to express interest in acquiring its
peer that has a market value of more than $9 billion, including
debt, according to people familiar with the matter.  urn:newsml:reuters.com:*:nL1N3II0YG

 (Compiled by Rajarshi Roy and Arasu Kannagi Basil in Bengaluru)
 ((ArasuKannagi.Basil@thomsonreuters.com;))