Deals of the day-Mergers and acquisitions

IDEX

23/07/2024 14:40

(Adds: IDEX Corp, Owens & Minor  Updates: Bosch)
       July 23 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on Tuesday:

    ** Industrial pump maker IDEX Corp  IEX.N  said it would buy
filtration products maker Mott Corp for $1 billion in cash.
     urn:newsml:reuters.com:*:nL4N3JF1AT
    
    ** German technology group Bosch  ROBG.UL  has agreed to
acquire Johnson Controls'  JCI.N  and Hitachi's  6501.T 
residential ventilation businesses for $8 billion, it said on
Tuesday, in what will be the unlisted group's largest takeover
to date.
     urn:newsml:reuters.com:*:nL4N3JF0OW
    
    ** Medical supplies distributor Owens & Minor  OMI.N  said
it has agreed to buy medical equipment firm Rotech Healthcare
for $1.36 billion in cash to expand its presence in home-based
care.
     urn:newsml:reuters.com:*:nL4N3JF0XT
    
    ** Grab  GRAB.O , Southeast Asia's biggest ride-hailing and
food delivery firm, has bought Singaporean dining reservation
platform Chope for an undisclosed price, according to
confirmation from both companies.  urn:newsml:reuters.com:*:nL1N3JF0A1

    ** Italy's Eni  ENI.MI  is in exclusive talks, it said, with
investment company KKR  KKR.N  over the sale of a minority stake
in Enilive, a deal that could value the biofuel unit at
11.5-12.5 billion euros ($12.5-$13.6 billion) including debt.
 urn:newsml:reuters.com:*:nL8N3JF07I

    ** Israeli cybersecurity startup Wiz has ended talks with
Google-parent Alphabet  GOOGL.O  on a reported $23 billion deal
in which it would have become the U.S. tech giant's largest-ever
acquisition, according to a Wiz memo seen by Reuters.
 urn:newsml:reuters.com:*:nL4N3JF06Z
    
    ** Stephen Tindall, the founder and top investor in New
Zealand's Warehouse Group  WHS.NZ , will be backing a takeover
bid for his struggling company, the merchandise retailer said.
 urn:newsml:reuters.com:*:nL4N3JE20T  
    
    ** Vista Outdoor  VSTO.N  said on Monday Czechoslovak Group
had raised the base purchase price for its ammunition business,
Kinetic Group, by $50 million to $2.15 billion.  urn:newsml:reuters.com:*:nL4N3JE0TE

    ** Telefonica Brasil  VIVT4.SA  said on Monday in a
securities filing that its unit TCloud signed a deal to buy
cloud service firms IPNET and IPNET USA for up to 230 million
reais ($41.29 million).  urn:newsml:reuters.com:*:nL1N3JE186

    ** Energy producer Woodside Energy  WDS.AX  has agreed to
buy U.S. liquefied natural gas developer Tellurian  TELL.A ,
including its U.S. Gulf Coast Driftwood LNG export project, for
$1.2 billion including debt, the Australian company said on
Monday.  urn:newsml:reuters.com:*:nL1N3JE014

 (Compiled by Rajarshi Roy and Priyanka.G in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))