Deals of the day-Mergers and acquisitions
18/12/2024 14:37
(Adds: Novo Holdings, Unilever, Grenergy)
Dec 18 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT on
Wednesday:
** Novo Holdings has completed its $16.5 billion
acquisition of Catalent CTLT.N , the contract drug manufacturer
said, days after the companies disclosed that all regulatory
conditions to close the deal were fulfilled. urn:newsml:reuters.com:*:nL4N3NJ10I
** Unilever ULVR.L said it has received an offer for
its Unox and Zwan meat and soup brands from Zwanenberg Food
Group. urn:newsml:reuters.com:*:nL4N3NJ0VZ
** Spanish renewable company Grenergy GREG.MC has
agreed to sell an asset portfolio in Chile to ContourGlobal, a
KKR company KKR.N, for an enterprise value of $962 million.
urn:newsml:reuters.com:*:nL8N3NJ07F
** Patriot Battery Metals PMET.TO said automotive giant
Volkswagen VOWG.DE has invested approximately C$69 million
($48.18 million) for a 9.9% stake in the Canadian lithium
developer. urn:newsml:reuters.com:*:nL4N3NJ0LI
** European home improvement retailer Kingfisher KGF.L
will exit the Romanian market after agreeing the sale of its
loss-making Brico Depot Romania business to Altex Romania for an
enterprise value of 70 million euros ($74 million). urn:newsml:reuters.com:*:nL1N3NJ07I
** Australia's Insignia Financial IFL.AX has rejected Bain
Capital's A$2.67 billion ($1.69 billion) takeover bid, saying
the offer does not provide fair value to its shareholders,
creating a barrier for the buyout giant's Asia expansion plans.
urn:newsml:reuters.com:*:nL4N3NI1EQ
** Private equity firm Bain Capital is in talks to acquire
Sizzling Platter, which operates restaurant franchises such as
Little Caesars and Jersey Mike's, for more than $1 billion,
including debt, people familiar with the matter said on Tuesday.
urn:newsml:reuters.com:*:nL1N3KT0QO
** Denmark's Orsted ORSTED.CO said it would divest a 50%
equity stake in three U.S. onshore projects to Energy Capital
Partners for $572 million. urn:newsml:reuters.com:*:nL8N3NJ08R
** Honda 7267.T and Nissan 7201.T are in talks to deepen
ties, two people said, including a possible merger, the clearest
sign yet of how Japan's once seemingly unbeatable auto industry
is being reshaped by challenges from Tesla and Chinese rivals.
urn:newsml:reuters.com:*:nL1N3NJ02F
** Italian engineering group Maire MTCM.MI and Newcleo
have signed an agreement to set up a joint venture aimed at
building power plants based on the nuclear firm's technology for
advanced modular reactors, the two companies said. urn:newsml:reuters.com:*:nL8N3NJ0F7
(Compiled by Rajarshi Roy and Kritika Lamba in Bengaluru)
((Kritika.Lamba@thomsonreuters.com))