Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds: Hansoh Pharmaceutical and DXC Technology Updates: Silgan Holdings and Merck KGaA
Oct 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Monday:
** IT services company DXC Technology DXC.N is in advanced talks to sell its insurance software and services division to private investment firm Eldridge Industries for about $2.4 billion, according to people familiar with the matter. nL6N465125
** China's Hansoh Pharmaceutical 3692.HK said it has entered into a partnership and licensing deal with Roche ROPC.S potentially worth more than $15 billion that covers a portfolio of antibody-drug conjugate programs. nL4N4650QG
** German drugmaker Merck KGaA MRCG.DE said it would acquire UK-based Silence Therapeutics SLN.O in an all-cash deal for about $1.3 billion, bolstering its pipeline of precision medicines and adding RNA-targeting drug technology. nL4N4650Y2
** Silgan Holdings SLGN.N and private equity firm American Industrial Partners said they would buy Trivium Packaging in a $3.4 billion deal, as the US consumer goods packaging maker looks to expand its footprint in Europe. nL6N4650QI
** US investment firm KKR KKR.N said it will sell railcar-leasing company Infinity Transportation to peer Ares Management ARES.N for about $2.9 billion. nL4N4650RR
** Australian coal miner New Hope NHC.AX said it would acquire unlisted peer Malabar Resources in a deal valued at about A$2.4 billion ($1.67 billion), giving it full ownership of the Maxwell coal mine in New South Wales. nL4N46405Y
** Australia's FleetPartners FPR.AX said it had entered binding agreement to be bought by Pacific Equity Partners-backed SG Fleet in a deal valuing the vehicle leasing firm at A$1.13 billion ($786.71 million), sending its shares to a record high. nL4N46405G
** Austrian engine and engine parts manufacturer Steyr Motors 4X0.VI said US drone maker Red Cat Holdings RCAT.O plans to acquire the company in a deal valued at about €204.8 million ($230 million). nL8N4650CZ
** French supermarket chain Carrefour CARR.PA has entered into an agreement with Colruyt Group COLR.BR to acquire local food retail company Codifrance for €152 million ($171 million), it said. nFWN4630NF
** German defence group Rheinmetall RHMG.DE and Swiss-based shipping company MSC have acquired Romanian shipyard Mangalia for €138 million ($155 million) and aim to develop it for both civilian and military shipbuilding, Rheinmetall said. nL8N4650DA
(Compiled by Rajarshi Roy and Miraanta Lowrance in Bengaluru)
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