Deals of the day-Mergers and acquisitions

Guotai Haitong Securities Co

06/09/2024 21:14

(Adds TCC Group)
       Sept 6 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 20:00 GMT on Friday:
    
    
    ** Taiwan-based TCC Group Holdings said on Friday it had
secured Italian government approval for plans to take energy
storage company NHOA  NHOA.PA  private.  urn:newsml:reuters.com:*:nL1N3KO0P4
    
    ** Elis  ELIS.PA  said it had made a preliminary approach to
U.S. uniform supplier Vestis  VSTS.N  about a potential
acquisition, confirming a Reuters report that prompted the
French workplace supplies provider's shares to tumble 16%.
 urn:newsml:reuters.com:*:nL8N3KO0D5

    ** Danish transport firm DSV  DSV.CO  is slightly ahead in
the bidding race for German state railway Deutsche Bahn's
logistics unit Schenker, several people familiar with the sales
process told Reuters.  urn:newsml:reuters.com:*:nS8N3IF06B
    
    ** Abu Dhabi's Mubadala Investment Company applied to
Turkey's Competition Board to take sole control of Turkish
grocery delivery company Getir Perakende Lojistik, a statement
on the board's website showed.  urn:newsml:reuters.com:*:nL8N3KO0NU
    
    ** Philippine power generator and distributor Manila
Electric Co  MER.PS  is selling a 40% stake in a solar power
subsidiary to global investment firm Actis for $600 million, the
company said.  urn:newsml:reuters.com:*:nL1N3KO0BX
    
    ** Poland's InPost  INPST.AS  will decide whether it will
use its call option for the remaining stake in Britain's Menzies
by the end of this year, CEO Rafal Brzoska said.  urn:newsml:reuters.com:*:nS8N30E0D0
    
    ** Japanese retail giant Seven & i Holdings  3382.T  said it
had turned down Canada's Alimentation Couche-Tard's  ATD.TO 
$38.5 billion cash bid, rejecting an offer that would be the
largest-ever foreign buyout of a Japanese company.  urn:newsml:reuters.com:*:nL1N3KO00E
    
    ** Shanghai-based Haitong Securities  600837.SS  said it has
agreed to be acquired by its rival Guotai Junan Securities
 601211.SS  via a share swap, in one of the largest mergers in
China's securities history.  urn:newsml:reuters.com:*:nL1N3KN0QX
    
    ** Salesforce  CRM.N  said on Thursday it would buy Own
Company, a provider of data protection and management solutions,
for $1.9 billion in cash to accelerate growth of its data
security and privacy products.  urn:newsml:reuters.com:*:nL4N3KN1T2

 (Compiled by Rajarshi Roy, Vallari Srivastava and Abhinav
Parmar in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))