Deals of the day-Mergers and acquisitions

Hollysys Automation Technologies

09/11/2023 11:09

Nov 9 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Thursday:

    ** France's Federation Studios is in talks with possible
advisers to help it explore strategic options, three sources
familiar with the matter said, in a potential deal that could
value the TV and film producer at over 500 million euros ($535
million).  urn:newsml:reuters.com:*:nL8N3C958B

    ** Proxy advisor CGI Glass Lewis recommended Origin Energy
 ORG.AX  shareholders vote in favour of a $10.5 billion bid from
a consortium led by Canada's Brookfield  BN.TO , despite
opposition from the target's largest shareholder.  urn:newsml:reuters.com:*:nL1N3C93U5

    ** Recco Control Technology Pte Ltd and Dazheng Group
Investment Holdings Company Limited offered to pay $1.64 billion
to acquire Hollysys Automation Technologies  HOLI.F , increasing
its bid by 6% from what if offered to pay in August, the group
told Reuters.  urn:newsml:reuters.com:*:nL1N3C900R

    ** Software services provider Bill Holdings  BILL.N  is in
advanced talks to acquire Melio Payments, a provider of digital
payment tools, Bloomberg News reported on Wednesday, citing
people with knowledge of the matter.  urn:newsml:reuters.com:*:nL4N3C95KT

 (Compiled by Rajarshi Roy and Puyaan Singh in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))