Deals of the day-Mergers and acquisitions

Everi Holdings

29/02/2024 14:46

(Adds: First Advantage, International Game Technology, CMA CGM 
  Updates: GXO Logistics)
       Feb 29 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT on
Thursday:

        ** Background screening services provider First
Advantage  FA.O  will buy rival Sterling Check  STER.O  in a
$2.2 billion cash-and-stock deal, the companies said, seeking to
navigate slowing demand due to the turbulent global economy.
  
         urn:newsml:reuters.com:*:nL3N3FE3LG
  
        
  
        ** U.S.-based warehousing firm GXO Logistics  GXO.N  
offered to buy UK peer Wincanton  WIN.L  for about 762 million
pounds ($965 million), topping an offer by CEVA Logistics.
  
         urn:newsml:reuters.com:*:nL3N3FE2SD
  
        
  
        ** International Game Technology  IGT.N  said it was
separating its Global Gaming and PlayDigital businesses and
combining them with gaming machine maker Everi Holdings  EVRI.N 
in a deal valued at $6.2 billion, including debt.
  
         urn:newsml:reuters.com:*:nL3N3FE3L5
  
        
  
        ** France's CMA CGM has completed a $5 billion takeover
of Bollore Logistics, its biggest-ever acquisition, and said it
had funds for more deals as it seeks to counter volatility in
container shipping.
  
         urn:newsml:reuters.com:*:nL5N3FD63Q
  

    ** India's top conglomerate Reliance Industries  RELI.NS 
and Walt Disney  DIS.N  announced the merger of their India TV
and streaming media assets, creating an $8.5 billion
entertainment juggernaut far ahead of rivals in the world's most
populous nation.
     urn:newsml:reuters.com:*:nL2N3FE055
    
    ** Guyana will accept whatever decision emerges from
discussions between U.S. oil firms over the sale of Hess Corp
 HES.N  in the dispute between Exxon Mobil  XOM.N  and Chevron
 CVX.N , Vice President Bharrat Jagdeo said.
     urn:newsml:reuters.com:*:nL2N3FD3KV
    
    ** Australia's South32 Ltd  S32.AX   said it had agreed to
sell its Illawarra metallurgical coal business to a consortium
led by an Indonesian-owned company for $1.65 billion, exiting
coal to focus on expanding in copper and zinc.
     urn:newsml:reuters.com:*:nL3N3FD5D7

 (Compiled by Rajarshi Roy and Puyaan Singh in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))