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3887 — HashKey Holdings News Story

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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

- The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday:

** Amiga Specialty has entered into an exclusive agreement to acquire Volante International’s professional indemnity renewal portfolio, the MGA said on Wednesday.

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** Dutch engineering consultancy group Arcadis <ARDS.AS> has rejected an improved €5.2 billion ($5.7 billion) takeover bid from Canada's WSP Global <WSP.TO>, it said , adding that the latest offer still undervalues the company.

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** Japanese camera lens maker Tamron <7740.T> said it has received an acquisition proposal from Sony Group <6758.T> and that it has established a committee to review its options.

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** HashKey Holdings <3887.HK> has signed a preliminary agreement to acquire Singapore's Asia Pacific Exchange, aiming to expand its regulated financial services business in the city-state, it said in a stock exchange filing on Wednesday.

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** Australian property group Dexus <DXS.AX> said it had agreed to sell the 480 Queen Street office tower in Brisbane for A$700 million ($487.20 million), in a deal aimed at cutting debt and freeing up capital for other investments.

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(Compiled by Rajarshi Roy and Pragyan Kalita in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))

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