Deals of the day-Mergers and acquisitions

Fortum Oyj

19/12/2024 10:42

Dec 19 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Thursday:

    ** KKR  KKR.N  extended its tender offer period for Fuji
Soft  9749.T  to Jan. 9 as it battles rival U.S. private equity
firm Bain Capital for control of the Japanese software maker.
 urn:newsml:reuters.com:*:nL4N3NI0BR

    ** Swiss technology firm SoftwareOne Holding  SWON.S  said 
it would acquire Crayon Group Holding  CRAYN.OL  in a stock and
cash offer which values its Norwegian competitor at around $1.4
billion.  urn:newsml:reuters.com:*:nL8N3NK07S

    ** Czech billionaire Daniel Kretinsky's energy holding
company EPH has signed a deal to acquire Italian group Enel's
 ENEI.MI  stake in Slovak electricity producer Slovenske
Elektrarne, the companies said late on Wednesday.  urn:newsml:reuters.com:*:nL1N3NK09L

    ** Finland's Fortum  FORTUM.HE  said it had agreed to buy a
project development portfolio for renewable power from Finnish
energy company Enersense  ESENSE.HE  for around 9 million euros
($9.37 million).  urn:newsml:reuters.com:*:nL8N3NK0AT

    ** Australia's Champion Iron  CIA.AX  said Japanese
steelmaker Nippon Steel  5401.T  and trading house Sojitz
 2768.T  will buy a 49% stake in the company's Kami project in
Canada for A$245 million ($152 million).  urn:newsml:reuters.com:*:nL4N3NJ1K5

    ** Brazilian shopping malls operator Iguatemi announced on
Wednesday it signed a binding memorandum of understanding to buy
stakes in Sao Paulo's Patio Paulista and Patio Higienopolis
malls, in a deal worth nearly 2.6 billion reais ($412 million).
 urn:newsml:reuters.com:*:nS0N3N0085

    ** South African miner Sibanye Stillwater  SSWJ.J  has
struck a $500 million streaming agreement with Franco-Nevada
Corp  FNV.TO , Sibanye said, as it seeks to boost its finances
after a slump in platinum group metal prices.  urn:newsml:reuters.com:*:nL4N3NK0HR
    
    ** Greece's biggest oil refiner Helleniq Energy  HEPr.AT 
has agreed to sell its 35% stake in gas supplier DEPA Commercial
to the country's privatisation agency HRADF for 208 million
euros ($216 million), Helleniq said.  urn:newsml:reuters.com:*:nL8N3NK0F0

    ** Sony Group  6758.T  said it will invest about 50 billion
yen ($320 million) to acquire new shares of Kadokawa  9468.T ,
raising its stake in the Japanese media powerhouse to around 10%
and becoming Kadokawa's top shareholder.  urn:newsml:reuters.com:*:nL4N3NK0OM

 (Compiled by Rajarshi Roy and Kritika Lamba in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))