Deals of the day-Mergers and acquisitions

Gam Holding AG

21/07/2023 10:54

July 21 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Friday:

    ** Ronesans Holding Chairman Erman Ilicak said France's
TotalEnergies  TTEF.PA  had acquired a 50% stake in the Turkish
conglomerate's renewable energy subsidiary Ronesans Enerji. The
company did not provide detail on the price of the acquisition.
 urn:newsml:reuters.com:*:nL8N3971ZI
    
    ** French aerospace group Safran  SAF.PA  said it had made a
cash offer to buy the actuation and flight control business of
Collins Aerospace in a deal valuing it at $1.8 billion, to
become a leader in certain critical cockpit functions.
 urn:newsml:reuters.com:*:nL1N3970EH
        
    ** Australia has barred the takeover of financially stricken
lithium miner Alita Resources Ltd  ALIT.SI  by a China-linked
company after advice from its Foreign Investment Review Board, a
spokesperson for Treasurer Jim Chalmers said.  urn:newsml:reuters.com:*:nL1N3970B8
    
    ** British asset manager Liontrust  LIO.L  said it had made
its final offer for Swiss rival GAM Holding  GAMH.S , after a
backlash from some investors against the planned takeover.
 urn:newsml:reuters.com:*:nL1N3970C1
        
    ** Singapore sovereign wealth fund GIC  GIC.UL  said it was
acquiring a logistics facility in Japan from real estate
developer Daiwa House Industry  1925.T .  urn:newsml:reuters.com:*:nL1N39705N
    
    ** National Football League owners have unanimously approved
the sale of the Washington Commanders franchise to a group led
by the co-owner of the NBA's Philadelphia 76ers and the NHL's
New Jersey Devils, the league said on Thursday.  urn:newsml:reuters.com:*:nL1N39632I
    
    ** A group led by blockchain investors Matthew Roszak and
Peter Vessenes are nearing a $125 million deal for
cryptocurrency-focused media firm CoinDesk, the Wall Street
Journal reported on Thursday, citing people familiar with the
matter.  urn:newsml:reuters.com:*:nL4N39644N

 (Compiled by Rajarshi Roy and Pratik Jain in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))