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IPDC - Independent News & Media News Story

€0.105 0.0  1.0%

Last Trade - 30/07/19

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £165.0m
Position in Universe th / 1821

Deals of the day-Mergers and acquisitions

Tue 30th April, 2019 11:00am
The following bids, mergers, acquisitions and disposals were
reported by 1000 GMT on Tuesday:

    ** U.S.-based Blackstone Group  BX.N  said it had agreed to
acquire South Korean wholesale drug distributor Geo-Young in a
deal with the company's founder.  urn:newsml:reuters.com:*:nL3N22C11R
    
    ** WageWorks Inc  WAGE.N , an administrator of employee
benefits, confirmed on Monday that HealthEquity Inc  HQY.O , a
U.S. custodian of health savings accounts, had offered to
acquire it.  urn:newsml:reuters.com:*:nL1N22C037
    
    ** Brazilian retailer Magazine Luiza SA  MGLU3.SA  said in a
filing on Monday it agreed to buy online shoe retailer Netshoes
Ltd  NETS.N  for approximately $62 million.  urn:newsml:reuters.com:*:nL1N22B1ND
    
    ** Orient Overseas International Ltd  0316.HK  said it has
agreed to sell its Long Beach container terminal to a subsidiary
of Australia's Macquarie Group  MQG.AX  for $1.78 billion.
 urn:newsml:reuters.com:*:nL3N22C0QA
    
    ** Ireland's largest newspaper group, Independent News &
Media  INME.I , said it had agreed to a takeover offer by
European media group Mediahuis which valued the company at 145.6
million euros.  urn:newsml:reuters.com:*:nL5N22C2E4
    
    **  Russia's Severgroup, controlled by billionaire Alexei
Mordashov, has completed the acquisition of a 42-percent stake
in food retailer Lenta  LNTAq.L , Lenta said in a
statement. urn:newsml:reuters.com:*:nASP0010UK
    
    ** Kenya's Equity Group Holdings  EQTY.NR  said it was in
discussions with London-listed financial services firm Atlas
Mara Limited about acquiring stakes in banks in Rwanda, Zambia,
Mozambique and Tanzania.  urn:newsml:reuters.com:*:nL5N22C1ZP
    

 (Compiled by Shradha Singh in Bengaluru)
 ((Shradha.Singh@thomsonreuters.com; within U.S. +1 646 223 8780
Ext: 2439, outside U.S. +91 80 6749 2439; Reuters Messaging:
shradha.singh@.thomsonreuters.com@reuters.net))
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