Deals of the day-Mergers and acquisitions

Erg SA

21/12/2023 14:45

(Adds: Harbour Energy, ULA, Covestro, Orange, Tropical Smoothie
Cafe, Visma, ERG, Slavia Prague, Adani Green Energy,
ArcelorMittal; Updates: Greenvolt)
       Dec 21 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT on
Thursday:
    
    ** Britain's Harbour Energy  HBR.L  said it has agreed with
BASF  BASFn.DE  and LetterOne to buy most of German Wintershall
Dea's upstream assets for $11.2 billion.
         urn:newsml:reuters.com:*:nL4N3DG2W7
  
        
  
    ** Jeff Bezos' Blue Origin and private equity firm Cerberus
are among companies that have shown interest in buying rocket
company United Launch Alliance (ULA), the Wall Street Journal
reported, citing sources familiar with the matter.
         urn:newsml:reuters.com:*:nL4N3DG2LG
  
        
  
        ** U.S. investment fund Ripplewood made an offer to take
over the online banking division of France's leading telecom
company Orange  ORAN.PA , reported the French newspaper Le
Figaro.
  
         urn:newsml:reuters.com:*:nL8N3DG3SH
  
        
  
        ** Covestro is in open-ended talks with Abu Dhabi
National Oil Co (ADNOC), a spokesperson for the German plastics
and chemicals maker, following a report that the oil giant is
preparing to up its takeover bid for the company.
  
         urn:newsml:reuters.com:*:nL8N3DG24G
  
        
  
        ** The private equity owner of Tropical Smoothie Cafe is
preparing to put the U.S. restaurant chain up for sale for
around $2 billion, according to people familiar with the matter.
  
         urn:newsml:reuters.com:*:nL1N3DE39P
  
        
  
        ** Italian renewable energy group ERG  ERG.MI  said it
was entering the U.S. market after signing a deal to buy two
wind and solar assets of U.S. rival Apex Clean Energy.
  
         urn:newsml:reuters.com:*:nL1N3DG0U4
  
        
  
        ** Shareholders in Norwegian software company Visma are
in advanced talks to sell a minority stake to a group of new and
existing investors that would value the company including debt
at around 19 billion euros ($21 billion), two people familiar
with the matter said.
  
         urn:newsml:reuters.com:*:nL1N3DG0YC
  
    
  
        ** ArcelorMittal  MT.AS  has renewed a contract with
Mexico's state power utility CFE to be supplied with natural gas
for 10 years, in a deal worth $2.7 billion, the steelmaker said.
  
         urn:newsml:reuters.com:*:nL1N3DG19E
  
        
  
        ** Czech billionaire Pavel Tykac will buy top-flight
domestic soccer club Slavia Prague from Chinese investment group
CITIC.
  
         urn:newsml:reuters.com:*:nL1N3DG0ZS
  
        
  
        ** Indian billionaire Gautam Adani and family are
planning to invest $1 billion in Adani Green Energy  ADNA.NS ,
Bloomberg News reported.
  
         urn:newsml:reuters.com:*:nL4N3DG23U
  

    ** A unit of U.S. private equity fund KKR announced on
Thursday a full takeover bid for Portuguese renewable energy
company Greenvolt  GVOLT.LS  that values the firm at 1.16
billion euros, after signing agreements to secure a controlling
stake.
     urn:newsml:reuters.com:*:nL8N3DG29Q
    
    ** Eni  ENI.MI  has agreed to sell a 9% stake in its
low-carbon and retail unit Plenitude to Energy Infrastructure
Partners (EIP) through a deal that values the unit at 10 billion
euros ($11 billion) including debt, the Italian energy company
said.
     urn:newsml:reuters.com:*:nL8N3DG1EJ
    
    ** India's Zee Entertainment Enterprises  ZEE.NS  and
Japan's Sony Group  6758.T  have a one-month headroom from the
Dec. 21 deadline to close the merger of their India operations,
Bloomberg News reported, citing people familiar with the matter.
     urn:newsml:reuters.com:*:nL4N3DG1LW
    
    ** Chilean industrial conglomerate Empresas Copec  COPEC.SN 
announced on Wednesday that it has agreed to sell some of its
forestry businesses to Brazilian pulp and paper company Klabin
 KLBN4.SA  in a deal worth some $1.16 billion.
     urn:newsml:reuters.com:*:nL1N3DG05B
    
    ** Toyo Construction  1890.T  shares sank more than 10% in
trade after the family office linked to Nintendo's  7974.T 
founder decided to withdraw its offer to buy out the company
after a year-long battle.
     urn:newsml:reuters.com:*:nP8N3CH02K
    
    ** Spain's Santander  SAN.MC  on Wednesday said it bought
20% of a U.S. real estate portfolio for $1.1 billion from the
Federal Deposit Insurance Corporation (FDIC), which will retain
80% in a joint venture with the bank.
     urn:newsml:reuters.com:*:nL8N3DF5DZ

 (Compiled by Rajarshi Roy and Arasu Kannagi Basil in Bengaluru)
 ((ArasuKannagi.Basil@thomsonreuters.com))