Deals of the day-Mergers and acquisitions

Deoleo SA

Yesterday 14:34

Adds: Wendy's, DTE Energy, Permira
Nov 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Thursday:
     
** Wendy's WEN.O rejected a $1.4 billion take-private offer from activist investor Nelson Peltz's Trian Fund Management and its partners, and adopted a "poison pill" plan to resist pressure from one of its largest shareholders.
nL6N46M0WV
     
** DTE Energy DTE.N said it has agreed to sell its non-utility business, DTE Vantage, for about $3 billion, as it aims to sharpen its focus on regulated electric and gas operations.
nL3N46M0X3
     
** Private equity firm Permira has agreed to acquire a majority stake in Flint Group, which provides residential heating, air conditioning, plumbing and electrical services, the firms told Reuters.
nL6N46K0WA
     
** India's Adani Ports and Special Economic Zone APSE.NS said it would acquire Netherlands-based liquid storage operator Evos B.V for an enterprise value of €2.56 billion ($2.88 billion).
nL6N46M0QU
     
** Spanish olive oil producers Acesur and Dcoop have signed a binding agreement to buy Deoleo OLEO.MC, owner of the Carbonell and Bertolli brands, in a deal valuing the business at an enterprise value of €520 million ($586 million), Deoleo said.
nL2N46M0BJ
     
** BP BP.L said it has raised about $1.06 billion from selling a 5% stake in Norwegian oil and gas company Aker BP AKRBP.OL, as the British energy major streamlines its portfolio and cuts debt under CEO Meg O’Neill.
nL3N46M0ID
     
** Spanish olive oil producers Acesur and Dcoop have won the race to buy Deoleo, owner of the Carbonell and Bertolli brands, business newspaper Expansion reported, citing several market sources.
nL2N46M09D
     
** AstraZeneca AZN.L made an offer of about $10 billion to acquire obesity drugmaker Rhythm Pharmaceuticals RYTM.O, according to three people familiar with the matter.
nL3N46L2AG

 (Compiled by Rajarshi Roy and Kunal Das in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))