Deals of the day-Mergers and acquisitions

Globus Medical

09/02/2023 14:40

Feb 9 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT on
Thursday:
    ** Toshiba Corp  6502.T  confirmed it had received a
proposal from a consortium led by private equity firm Japan
Industrial Partners, after sources said the investors had
secured $10.6 billion in loan commitments for their buyout.
    ** First Abu Dhabi Bank  FAB.AD , the United Arab Emirates'
biggest lender, is still considering a potential offer for
Britain's Standard Chartered  STAN.L , Bloomberg News reported
on Thursday.
    ** Credit Suisse  CSGN.S  has taken another step towards
creating a standalone investment bank by buying Michael Klein's
advisory boutique, the bank said on Thursday, but gave no update
for getting more investors on board.
    ** Earth & Beyond Ventures, a new early-stage venture fund
investing in Israel's emerging commercial space ecosystem, said
on Thursday it had launched with commitments of $125 million.
    ** Device maker Globus Medical Inc  GMED.N  said on Thursday
it was acquiring peer NuVasive Inc  NUVA.O  in an all-stock deal
valued at about $3 billion to increase its scale in the
competitive surgical space.
    ** Germany's Henkel  HNKG_p.DE  wants to significantly
expand its consumer goods business after merging its cosmetics
and detergents divisions, Chief Executive Carsten Knobel told
WirtschaftsWoche in an interview.
 (Reporting by Priyamvada C and Pratyush Thakur in Bengaluru)
 ((pratyush.thakur@thomsonreuters.com
Priyamvada.c@thomsonreuters.com))