Deals of the day-Mergers and acquisitions

Exclusive Networks SAS

09/07/2024 20:53

(Adds Safwat Kaliouby Group)
       July 9 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1955 GMT on Tuesday:
    
    ** Egypt's Safwat Kaliouby Group (SKG) holding company and
Emirati KSH Investment Company have signed a 24 billion Egyptian
pound ($500 million) deal for a real estate project on the Nile
in Cairo, Egyptian state news agency MENA reported.  urn:newsml:reuters.com:*:nL8N3J11G7
    
    ** French cybersecurity firm Exclusive Networks  EXN.PA 
said it has received a non-binding buyout offer from a group of
investors led by Clayton Dubilier & Rice (CD&R) and Permira for
around 2.2 billion euros ($2.38 billion), confirming media
reports.  urn:newsml:reuters.com:*:nL1N3J1088

    ** Amundi  AMUN.PA  has signed a definitive deal to take a
26.1% stake in U.S. firm Victory Capital.  urn:newsml:reuters.com:*:nL8N3J10DL
    
    ** Zara owner Inditex  ITX.MC  has bought a stake in the
United States-based sustainable agriculture startup Galy as part
of its strategy to plug money into the sustainable economy.
 urn:newsml:reuters.com:*:nS8N3GL01H
    
    ** Mexican real estate investment trust Fibra Macquarie
received the backing of its shareholders for its takeover bid of
competitor Terrafina.  urn:newsml:reuters.com:*:nL1N3J10J7
    
    ** U.S. law firm Michael Best & Friedrich said that it has
absorbed a small Los Angeles firm, adding to an uptick in law
firm mergers this year.  urn:newsml:reuters.com:*:nL1N3J10MX
    

 (Compiled by Christy Santhosh and Granth Vanaik in Bengaluru)
 ((Christy.Santhosh@thomsonreuters.com;))