Deals of the day-Mergers and acquisitions

Hitachi Construction Machinery

13/01/2022 11:05

Jan 13 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1030 GMT on Thursday:
    
    ** Japan's Hitachi Ltd  6501.T  will sell about half its 51%
stake in unit Hitachi Construction Machinery Co  6305.T  to
trading firm Itochu Corp  8001.T  and investment fund Japan
Industrial Partners, public broadcaster NHK
reported. urn:newsml:reuters.com:*:nL4N2TT1EC
    
    ** Australia's biggest casino operator, Crown Resorts Ltd
 CWN.AX , said its board was likely to back an improved A$8.87
billion ($6.46 billion) buyout proposal from U.S. private equity
firm Blackstone Inc  BX.N  unless a higher offer emerged.
 urn:newsml:reuters.com:*:nL4N2TS3NX
    
    ** Colombia's Grupo Gilinski is to become the second-largest
shareholder in Grupo SURA  SIS.CN  and Nutresa  NCH.CN  after
securing 25.42% and 27.69% of each company's shares
respectively, the Colombian Stock Exchange said in two separate
statements on Wednesday.  urn:newsml:reuters.com:*:nL1N2TS307

 (Compiled by Rajarshi Roy and Kannaki Deka in Bengaluru)
 ((Kannaki.Deka@thomsonreuters.com))