Deals of the day-Mergers and acquisitions

Fortum Oyj

23/09/2024 20:34

(Adds Ina Invest and Siemens; updates CMA CGM)
       Sept 23 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1930 GMT on Monday:
    
    ** Swiss real estate company Ina Invest  INAI.S  is
considering a merger with its peer Cham Group and if talks
succeed, shareholders of both firms will be able to vote on the
plan in the spring of 2025, they said.  urn:newsml:reuters.com:*:nL8N3L505Q
        
  
        ** Siemens  SIEGn.DE  plans to carve out its electric
vehicle (EV) charging business, Siemens eMobility, as it looks
to grow in the rapidly evolving industry, the German
conglomerate said.  urn:newsml:reuters.com:*:nL8N3L50GY
        
  
    ** MINISO  9896.HK  will take up a 29.4% stake in Chinese
supermarket operator Yonghui Superstores  601933.SS  for 6.3
billion yuan ($893.05 million), it said, on track to becoming
the largest single shareholder in the embattled firm.
 urn:newsml:reuters.com:*:nL4N3L50RX
    
    ** UniCredit  CRDI.MI  said it had acquired, through
financial instruments, a further 11.5% of Commerzbank  CBKG.DE 
after applying to supervisors to reach a holding of up to 29.9%
in the German rival.  urn:newsml:reuters.com:*:nL8N3L50KT
    
    ** Britain's Rightmove  RMV.L  said it would carefully
consider Australian property listing firm REA Group's  REA.AX 
sweetened 6.1 billion pound ($8.12 billion) takeover bid for the
company, after rejecting two previous proposals.  urn:newsml:reuters.com:*:nL1N3L500B
    
    ** Australian medical diagnostics firm Healius  HLS.AX  is
selling its Lumus imaging unit for A$965 million ($658.1
million) to an Asian private equity group, it said, helping the
loss-making company reduce its debt.  urn:newsml:reuters.com:*:nL1N3L408W

    ** BNP Paribas  BNPP.PA  has signed a deal to buy HSBC's
HSBA.L private banking unit in Germany as it continues to expand
its footprint in wealth management, the French lender said.
 urn:newsml:reuters.com:*:nL8N3L5083
    
    ** French shipping giant CMA CGM plans to acquire port
terminal operator Santos Brasil  STBP3.SA  in a deal that could
reach $2 billion and give it control of South America's largest
container terminal, it said.  urn:newsml:reuters.com:*:nL1N3L5054
    
    ** Finland's Fortum  FORTUM.HE  said it had agreed to sell
its 37.4% stake in Chempolis, including Fortum's all biobased
solutions businesses, and its shares in the holding company
owning 40.3% in Assam Bio Ethanol in India.  urn:newsml:reuters.com:*:nL8N3L506B

 (Compiled by Rajarshi Roy, Pooja Menon and Vallari Srivastava
in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))