Deals of the day-Mergers and acquisitions

Gam Holding AG

01/09/2023 10:51

Sept 1 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Friday:

    ** India's Torrent Pharmaceuticals  TORP.NS  said it has no
information requiring disclosure under listing regulations,
after the Economic Times reported that it was in talks to buyout
the stake of rival Cipla's  CIPL.NS  top shareholders.
 urn:newsml:reuters.com:*:nL4N3AD18Z
    
    ** Australian packaging firm Orora Ltd  ORA.AX  said it is
not in a position to announce a deal for the acquisition of
French high-end glass bottles manufacturer Saverglass SAS.
 urn:newsml:reuters.com:*:nL4N3AD06C
    
    ** Australia's Santos Ltd  STO.AX  finalised the initial
sale of a 2.6% stake in its PNG liquefied natural gas (LNG)
project to Papua New Guinea state-owned Kumul Petroleum for $736
million.  urn:newsml:reuters.com:*:nL4N3AC4YW
    
    ** Switzerland's takeover board has ruled that a partial
offer for up to 28 million shares of GAM Holding  GAMH.S  by an
investor group comprising NewGAMe SA and Bruellan SA is in line
with Swiss takeover rules, NewGAMe said on Thursday.
 urn:newsml:reuters.com:*:nL4N3AC4QZ
    
    ** The Auckland Council said it has entered into a block
trade agreement with UBS New Zealand to sell just over 66
million shares in Auckland International Airport  AIA.NZ  for
NZ$535.03 million ($319.04 million).  urn:newsml:reuters.com:*:nL4N3AC4MH

 (Compiled by Jaspreet Singh and Rajarshi Roy in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))