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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

Adds: DAZN, Vanguard Group, Enbridge, Victory Capital, Prudential Plc, Intesa Sanpaolo

- The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:

** DAZN said it has agreed to acquire EverPass Media that will combine DAZN's sports content with EverPass' U.S. streaming and technology capabilities. nL6N44N0Q0

** Vanguard Group said it would acquire fintech platform Altruist, giving the asset manager greater access to independent financial advisers and expanding its wealth-management capabilities. nL4N44N0YQ

** Intesa Sanpaolo ISP.MI filed a complaint to Italy's market watchdog Consob over transactions that smaller rival Monte dei Paschi di Siena BMPS.MI (MPS) has announced following Intesa's offer for it, a source close to the matter said.

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** Pipeline operator Enbridge ENB.TO said it would acquire Salt Creek Midstream's crude oil gathering business for $600 million in cash, expanding its presence in the crude-rich Permian Basin.nL4N44N0TY

** Victory Capital VCTR.O said it will buy privately held First Eagle Investments in a cash-and-stock deal valued at approximately $7 billion, as it moves closer to its target of managing $1 trillion in assets.nL4N44N0Q2

** British insurer Prudential Plc PRU.L plans to sell up to a 2% stake in ICICI Prudential Asset Management Company IICL.NS through the open market to help meet minimum public shareholding requirements, the companies said. nL4N44N0O6

** France's BNP Paribas BNPP.PA and South Korea's KB Kookmin Bank are in separate talks to acquire at least a 15% stake in Vietnam's Techcombank TCB.HM as strategic investors, in a deal that could be worth $2 billion, two sources said.nL6N44N0DX

** Property developer Ingenia Communities INA.AX offered to buy Peet PPC.AX in a deal valuing the residential property developer at A$992.5 million ($710.93 million), to expand its presence in the Australian housing market. nL4N44N00X

** FleetPartners FPR.AX said it had received an A$813.1 million ($582.3 million) offer from a consortium led by Japan's Sumitomo Corp 8053.T, making it the fourth bidder for the Australian vehicle leasing firm in less than a month.

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** India's Tilaknagar Industries TILK.NS is open to another large deal after its nearly $500 million purchase of the Imperial Blue whisky brand from Pernod Ricard PERP.PA, a top executive said, as consolidation gathers pace in India's liquor market. nL4N44502E


(Compiled by Rajarshi Roy and Pragyan Kalita in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))

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