Deals of the day-Mergers and acquisitions

Dfds A/S

15/11/2024 21:56

(Updates TT Electronics; Adds Astorg, Gabon, Endesa, Moltiply
Group, Compass Minerals)
       Nov 15 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2145 GMT on Friday:
   
    ** Compass Minerals  CMP.N  is in talks with private-equity
firms to sell itself, three sources familiar with the matter
said, after an aborted lithium-mining project hit shares of the
minerals producer, which is worth about $1.5 billion including
debt.  urn:newsml:reuters.com:*:nL1N3MM0TI
    
    ** Italy's Moltiply Group  MOL.MI  has emerged as the only
bidder for German media group ProSiebenSat.1's  PSMGn.DE  price
comparison portal Verivox, two sources close to the matter said.
 urn:newsml:reuters.com:*:nL8N3MM0UZ
    
    ** Spanish power utility Endesa  ELE.MC  has agreed to buy
626 megawatts (MW) of hydroelectric assets from power company
Acciona Energia  ANE.MC  for 1 billion euros ($1.05 billion),
Acciona Energia said on Friday.  urn:newsml:reuters.com:*:nL1N3MM0PN
    
    ** Gabon said on Friday that it had closed a deal to buy
back $290 million of its $605 million Eurobond maturing in 2025.
 urn:newsml:reuters.com:*:nL8N3MM1CU
    
    ** Private equity firm Astorg is nearing a sale of its
U.S.-based intellectual property software firm Anaqua to Nordic
Capital for around $2.5 billion, two people familiar with the
matter told Reuters.  urn:newsml:reuters.com:*:nL8N3MM1JA

        ** Danish shipping and logistics firm DFDS  DFDS.CO 
said it had agreed to buy Turkey's Ekol Logistics' international
transport network, overturning a decision made two weeks ago to
terminate the deal.  urn:newsml:reuters.com:*:nL8N3MM0WN
  

        **  Private equity firm KKR  KKR.N  has raised its
tender offer price for Fuji Soft  9749.T  by 7% to 9,451 yen
($60.86) a share, the Japanese software developer said, narrowly
surpassing a rival offer of 9,450 yen from Bain Capital.
 urn:newsml:reuters.com:*:nL1N3MM0AX
  
        
  
        ** The Swedish government has agreed to sell state-owned
motor vehicle inspection group Bilprovningen to Germany's TUV
Rheinland for 1.20 billion crowns ($109 million), Finance
Minister Elisabeth Svantesson told a press conference.
 urn:newsml:reuters.com:*:nFWN3MM0JJ
  
    
    ** Singapore's competition regulator cleared South Korean
conglomerate Hanwha Group's S$790.6 million ($589.30 million)
takeover offer for oil contractor Dyna-Mac  DMHL.SI .
 urn:newsml:reuters.com:*:nL4N3MM0NB
    
    ** Britain's TT Electronics  TTG.L  said on Friday it had
rejected a takeover proposal from an unidentified suitor that
was higher than a 248.6-million-pound ($315.2-million) proposal
- which it also rebuffed - from Volex Plc VLX.L.  urn:newsml:reuters.com:*:nL4N3MM0IR
    
    ** Halozyme Therapeutics  HALO.O  said on Thursday it has
proposed to buy German drug developer Evotec  EVTG.DE  for about
2 billion euros ($2.10 billion), to bulk up its drug discovery
and development portfolio.  urn:newsml:reuters.com:*:nL4N3ML1XK
    
    ** Finnish engineering firm Cargotec Corp  CGCBV.HE  said on
Thursday it would sell its cargo handler business MacGregor to
European private equity firm Triton in a deal valued at 480
million euros ($506 million), including debt.  urn:newsml:reuters.com:*:nL4N3ML1SF 

 (Compiled by Rajarshi Roy and Rishi Kant in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))