Deals of the day-Mergers and acquisitions

Fuji Soft

18/10/2024 10:49

Oct 18 (Reuters) - The following bids, mergers,
acquisitions, and disposals were reported by 0930 GMT on Friday:
    
    ** The board of Japan's Fuji Soft  9749.T  has decided to
stick with a 558.4 billion yen ($3.72 billion) buyout offer from
KKR  KKR.N , the Nikkei newspaper said, despite having received
a higher counter-offer from Bain. urn:newsml:reuters.com:*:nL1N3LU09O
    
    ** BP  BP.L  is considering selling a minority stake in its
offshore wind business, according to four sources with knowledge
of the matter, the latest effort by CEO Murray Auchincloss to
scale back the energy company's focus on renewables. urn:newsml:reuters.com:*:nL6N3LT0MS
    
    ** Philippine conglomerate Ayala Corp  AC.PS  is selling
half of its stake in Mynt, the fintech unicorn which operates
e-wallet brand GCash, to Japan's Mitsubishi Corp  8058.T  for a
minimum of 18.4 billion pesos ($318.89 million), it
said. urn:newsml:reuters.com:*:nL4N3LU02D

 (Compiled by Rajarshi Roy in Bengaluru)
 ((AnujaBharat.Mistry@thomsonreuters.com))