Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds : Archer Aviation, Liverpool, Bernhard Capital Partners, Teledyne Technologies, Safe Harbor Marinas, Ryman Hospitality Properties, LVMH Updates:
Aug 10 - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday:
** Air taxi maker Archer Aviation <ACHR.N> entered into a deal to acquire Boeing's <BA.N> electric aircraft unit, Wisk Aero, along with two related subsidiaries, and in exchange will give Boeing a nearly 20% stake in the combined company, the companies said. nL4N4470T1
** A consortium that includes Amazon founder Jeff Bezos is close to agreeing a deal to acquire a stake of about one-third in Premier League club Liverpool, multiple media outlets reported.
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** Infrastructure and services-focused private equity firm Bernhard Capital Partners said it would buy Bowman Consulting Group <BWMN.O> in an all-cash deal valued at about $1 billion, including debt.
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** Sensing-systems maker Teledyne Technologies <TDY.N> agreed to acquire Varex Imaging <VREX.O> for $18.90 per share in an all-cash transaction valued at approximately $1.1 billion, the companies said.
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** Blackstone Infrastructure's Safe Harbor Marinas, the world's largest owner and operator of marinas, is nearing a $1.5 billion deal to acquire MarineMax <HZO.N>, people familiar with the matter said.
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** Ryman Hospitality Properties <RHP.N> agreed to acquire the Grande Lakes Orlando Resort in Florida for $1.38 billion from Trinity Investments, in a deal that broadens the lodging REIT's presence in the high-end leisure and group travel market.
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** American pop star Beyonce has acquired full control of the SirDavis whisky brand after French luxury goods group LVMH <LVMH.PA> sold its stake to her, LVMH said , confirming earlier media reports in specialist trade publications.
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** Serica Energy <SQZ.L> will not be raising its £145.7 million ($196.59 million) proposal for peer oil and gas producer Pharos Energy <PHARP.L>, the British company said , days after Israel's Ratio Petroleum <RTPTp.TA> tabled a higher takeover proposal.
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** Australia's FleetPartners <FPR.AX> has rejected SG Fleet Topco's A$760.3 million ($536.85 million) takeover bid and is weighing a higher offer from Canada's Element Fleet Management <EFN.TO>, sending its shares to an eight-and-a-half-year high .
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** Australian outdoor advertising company oOh!media <OML.AX> said it had agreed to be bought by infrastructure investor I Squared Capital in an A$1.04 billion ($734.55 million) deal including debt.
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(Compiled by Rajarshi Roy and Shania S Thomas in Bengaluru)
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