Deals of the day-Mergers and acquisitions

Deutz AG

19/01/2024 14:47

(Adds: Blackstone, Kaman Corp, Synchrony Financial, Deutz   
Updates: CMA CGM)
       Jan 19 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT, on Friday:
    
        ** Aerospace parts maker Kaman Corp  KAMN.N  said it has
agreed to be taken private by Arcline Investment Management for
$1.29 billion in an all-cash deal.
  
        (
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    )
  
    
        ** Investment management company Blackstone  BX.N  has
agreed to take Canadian real estate firm Tricon Residential
 TCN.TO  private for $3.5 billion, the companies said.
  
        (
    Full Story
    )
  
        
  
        ** Synchrony Financial  SYF.N  has agreed to acquire
consumer lender Ally Financial's  ALLY.N  point-of-sale
financing business, including $2.2 billion of loan receivables,
the companies said.
  
        (
    Full Story
    )
  
        
  
        ** French shipping firm CMA CGM is set to buy British
logistics firm Wincanton  WIN.L  for about $700 million in a
cash deal that will take the Marseille-based group's push in
logistics into the UK supermarket sector.
  
        (
    Full Story
    )
  

        ** Deutz  DEZG.DE  has agreed to sell electric drive
specialist Torqeedo to Japan's Yamaha Motor  7272.T , the German
engine producer said.
  
        (
    Full Story
    )
  
    
    ** Global commodity merchant Louis Dreyfus Company (LDC) has
agreed to acquire the rest of Australian partner Namoi Cotton
 NAM.AX  to reinforce its position in one of its key
agricultural products.
    (Full Story)

    ** China's market regulator said it is seeking public
opinion over plans by Huawei and Chengdu Hi-Tech Investment
Group to fully acquire TD Tech.
    (Full Story)

 (Compiled by Rajarshi Roy and Vallari Srivastava in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))