Deals of the day-Mergers and acquisitions

Deutsche Wohnen SE

26/10/2021 10:46

Oct 26 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 0930 GMT on Tuesday:

    ** Fund manager River and Mercantile Group  RIV.L  said it
would sell its pensions business to Schroders Plc  SDR.L  for
230 million pounds ($316.30 million) as it focuses on its
primary asset management business.  urn:newsml:reuters.com:*:nL4N2RM24R
    
    ** Energias de Portugal  EDP.LS  is in advanced talks to
acquire a majority stake in Sunseap Group in a deal that will
value the Southeast Asian renewables firm at around S$1 billion
($742 million), three sources with knowledge of the matter said.
 urn:newsml:reuters.com:*:nL4N2RM235
    
    ** German real estate investor Adler Group  ADJ.DE  has
signed a term sheet for the sale of properties worth more than 1
billion euros ($1.16 billion) to a leading alternative
investment firm to reduce debt.  urn:newsml:reuters.com:*:nL8N2RM2OL
    
    ** South Africa's Sibanye Stillwater  SSWJ.J  said it would
buy Santa Rita nickel mine and Serrote copper mine in Brazil for
$1 billion, in what will be its biggest investment in the
battery metals sector.  urn:newsml:reuters.com:*:nL4N2RM24B
    
    ** Dutch pension fund ABP, one of the world's largest, will
divest 15 billion euros ($17.5 billion) of investments in fossil
fuel producers by 2023, it said, citing concern over global
warming.  urn:newsml:reuters.com:*:nL1N2RM0D1
            
    ** German real estate company Vonovia  VNAn.DE  said  that
it had secured a total of 87.6% of voting rights in Deutsche
Wohnen  DWNG.DE , successfully completing its takeover bid of a
onetime rival.  urn:newsml:reuters.com:*:nASN001STE
    
    ** Japanese financial services group Orix Corp  8591.T  is
likely to sell software business Yayoi Co for more than 200
billion yen ($1.75 billion), Bloomberg reported.  urn:newsml:reuters.com:*:nL4N2RM1J5
    
    ** Swiss private investment company Partners Group  PGHN.S 
said it has agreed to acquire a significant minority stake in
luxury watchmaker Breitling from private equity group CVC
Capital Partners and management.  urn:newsml:reuters.com:*:nL8N2RM0WU

 (Compiled by Rajarshi Roy and Deborah Sophia in Bengaluru)
 ((DeborahMary.Sophia@thomsonreuters.com;))