Deals of the day-Mergers and acquisitions

Gracell Biotechnologies

26/12/2023 14:45

(Adds: Bristol Myers Squibb, Allos,  Updates: AstraZeneca,
Manchester United)
       Dec 26 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT, on
Tuesday:

        ** Bristol Myers Squibb  BMY.N  said it would buy
RayzeBio  RYZB.O  for about $4.1 billion to bolster its cancer
drug business, marking the second multi-billion dollar deal
struck by the drugmaker in less than a week.
  
         urn:newsml:reuters.com:*:nL4N3DL1FD
  
        
  
        ** AstraZeneca  AZN.L  said  it will buy Gracell
Biotechnologies  GRCL.O  for up to $1.2 billion as the
Anglo-Swedish pharma company furthers its cell therapy ambitions
and boosts its presence in China, the world's second-largest
pharmaceuticals market.
  
         urn:newsml:reuters.com:*:nL4N3DL14V
  
        
  
        ** Brazilian shopping mall operator Allos  ALOS3.SA  is
set to sell stakes in several of its shopping malls for a total
442.8 million reais ($91.32 million), it said in a securities
filing.
  
         urn:newsml:reuters.com:*:nL1N3DL0H7
  
        
  
        ** Manchester United shares  MANU.N  jumped about 4% 
after a stake purchase by billionaire Jim Ratcliffe cleared
months of uncertainty over a deal that fans and investors hoped
would revitalize the British soccer club.
  
         urn:newsml:reuters.com:*:nL4N3DL1AI
  

    ** China's Fujian Aonong Biological Technology  603363.SS 
said  Dabeinong  002385.SZ  has scrapped plans to buy no less
than a 51% stake in its controlling shareholder Xiamen Aonong
investment.
     urn:newsml:reuters.com:*:nL4N3DL0VZ
    
    ** Brazilian oil company Enauta said on Monday it acquired
the entire 23% stake held by QatarEnergy Brasil Ltda in some oil
fields in the Campos Basin for a total value of $150 million.
     urn:newsml:reuters.com:*:nL1N3DL006
    
    ** A consortium led by China's Dazheng Group Acquisition has
announced a bid to acquire automation and control technology
provider Hollysys Automation Technologies  HOLI.F  in an
all-cash transaction valued at $1.8 billion, according to a
statement on Sunday.
     urn:newsml:reuters.com:*:nL1N3DJ08W

    ** Russian President Vladimir Putin on Sunday signed a
decree clearing the way for Rosbank  ROSB.MM  to purchase stakes
in leading Russian companies owned by Societe Generale
 SOGN.PA .
     urn:newsml:reuters.com:*:nL1N3DJ038

 (Compiled by Rajarshi Roy and Sneha S K in Bengaluru)
 ((sneha.sk@thomsonreuters.com))