Deals of the day-Mergers and acquisitions

FaZe Holdings

20/10/2023 21:08

(Adds Faze Holdings, VinFast, MPS and R&Q Insurance)
       Oct 20 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Friday:
    
    ** European Union antitrust regulators have resumed their
investigation into Photoshop maker Adobe's  ADBE.O  $20 billion
bid for cloud-based designer platform Figma, setting a Feb. 5
deadline for their decision, a European Commission filing
showed.  urn:newsml:reuters.com:*:nL1N3BQ0LM
    
    ** Abu Dhabi state fund Mubadala Investment  MUDEV.UL  and
Japanese oil and gas explorer Inpex  1605.T  are among firms
competing to acquire SapuraOMV in a deal expected to be worth
about $1.2 billion, according to two sources with direct
knowledge.  urn:newsml:reuters.com:*:nL4N3BQ162
    
        ** Faze Holdings  FAZE.O , the esports company that was
once valued at $1 billion, is being bought by peer GameSquare
 GAME.V  in an all-stock deal after mounting losses slammed its
share price  urn:newsml:reuters.com:*:nL4N3BQ3AM
  
        
  
        ** Vietnamese electric vehicle (EV) maker VinFast said
on Friday it has entered into a share subscription of up to $1
billion with U.S.-based fund Yorkville Advisors as it seeks to
fund expansion in overseas markets  urn:newsml:reuters.com:*:nL1N3BQ0VS
  
        
  
        ** Italy's Treasury said on Friday it had picked UBS
 UBSG.S , Jefferies and Clifford Chance as financial and legal
advisers for the privatisation of bailed-out bank Monte dei
Paschi di Siena (MPS)  BMPS.MI .  urn:newsml:reuters.com:*:nL8N3BQ5S0
    
     
  
        ** Bermuda-based global specialty insurance firm R&Q
Insurance Holdings  RQIH.L  said on Friday it would divest its
insurance and program management business, Accredited, to Onex
Corp  ONEX.TO  for an enterprise value of $465 million.
 urn:newsml:reuters.com:*:nL4N3BQ3RZ
  

 (Compiled by Juveria Tabassum and Ananta Agarwal)
 ((Juveria.Tabassum@thomsonreuters.com;))