Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds: Chevron
August 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Friday:
** Etu Energias said it had signed a sale and purchase agreement with Chevron CVX.N to acquire the oil major's participating interests in Angola's Blocks 14 and 14K.
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** Tokio Marine HCC International has signed a definitive agreement to acquire UK commercial motor MGA Direct Commercial Limited, the company said.
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** Brazilian power firm Equatorial EQTL3.SA has started a process to sell its renewable energy subsidiary Echoenergia, local outlet Brazil Journal reported, citing sources familiar with the matter.
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** Malaysia's Yinson Holdings YINS.KL said that its major shareholder is currently engaged in preliminary discussions to privatise the energy infrastructure firm, valuing it at 6.87 billion ringgit ($1.71 billion).
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** Kimberly-Clark KMB.O has asked EU regulators permission for its proposed $40 billion takeover of Tylenol maker Kenvue, documents on the EU Commission's website showed.
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** Banca Monte dei Paschi di Siena (MPS)'s headquarters BMPS.MI would remain in the Tuscan city if Intesa Sanpaolo's ISP.MI takeover were to go through, Unipol Chairman Carlo Cimbri said in an interview.
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** BitGo BTGO.N agreed to buy NYDIG's institutional trading business on Thursday as the crypto custodian pushes to strengthen its foothold in trading infrastructure.
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** Element Solutions ESI.N said on Thursday it had mutually agreed to terminate its merger agreement with specialty materials company Solstice Advanced Materials SOLS.O.
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** British oil major Shell SHEL.L has ended negotiations to sell its stake in Germany's Russia-linked Schwedt refinery to Polish energy group Unimot UNTP.WA, Bloomberg News reported on Thursday, citing people familiar with the matter.
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(Compiled by Rajarshi Roy, Pragyan Kalita and Megavarshini G. Somasundaram in Bengaluru)
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