Deals of the day-Mergers and acquisitions

Hamburger Hafen und Logistik AG

13/09/2023 10:39

Sept 13 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:

    ** German logistics billionaire Klaus-Michael Kuehne is
considering a bid for port operator HHLA  HHFGn.DE , German
newspaper FAZ reported after shipping giant MSC announced its
own offer for the company.
     urn:newsml:reuters.com:*:nS8N39C0D2
    
    ** MSC, the world's biggest container shipping company, is
offering to buy almost half of the main operator of Hamburg
port, in a deal that could allow city authorities to retain
control of Germany's biggest port in the face of other takeover
interest.
     urn:newsml:reuters.com:*:nL1N3AP0C5
    
    ** Aviva  AV.L  is quitting its Singlife joint venture,
selling its 25.9% stake in Singapore Life Holdings and two debt
instruments to Sumitomo Life for a combined 800 million pounds
($997 million), the British insurer said.
     urn:newsml:reuters.com:*:nL8N3AP1DJ
    
    ** Irish construction company Kingspan  KSP.I  confirmed
media reports that it had recent, informal discussions about a
tie-up with rival Carlisle Companies  CSL.N , but that there was
currently no active engagement between the companies.
     urn:newsml:reuters.com:*:nL1N3AP0GD

 (Compiled by Rajarshi Roy and Jaiveer Shekhawat in Bengaluru;
Editing by Janane Venkatraman)
 ((jaiveersingh.shekhawat@thomsonreuters.com;))