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IFN - Infigen Energy News Story

A$0.93 0.0  0.0%

Last Trade - 02/11/20

Sector
Utilities
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £162.7m
Position in Universe th / 1908

Deals of the day-Mergers and acquisitions

Thu 4th June, 2020 2:00pm
June 4 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1300 GMT on Thursday:
    
    ** Amazon.com  AMZN.O  is in early-stage talks to buy a
stake worth at least $2 billion in Indian mobile operator Bharti
Airtel  BRTI.NS , three sources with knowledge of the matter
told Reuters, underscoring the growing attraction of India's
digital economy for U.S. tech giants.  urn:newsml:reuters.com:*:nL4N2DH2GC
    
    ** Intesa Sanpaolo's  ISP.MI  takeover offer for UBI Banca
 UBI.MI  cannot be accepted with current terms, an UBI
shareholder said.  urn:newsml:reuters.com:*:nR1N2BX02M
    
    ** Malaysia's flagship budget carrier AirAsia Group Bhd
 AIRA.KL  is evaluating proposals for raising capital to
strengthen its equity base and liquidity, the company said in a
statement.  urn:newsml:reuters.com:*:nL4N2DH2T9
    
    ** LVMH  LVMH.PA 's board met this week to discuss the
fallout from the coronavirus crisis on its $16.2 billion
purchase of U.S. jeweller Tiffany  TIF.N , the luxury goods
group said, opening the door to a possible attempt to review the
deal terms.  urn:newsml:reuters.com:*:nL8N2DH155
    
    ** Poland's dominant gas company PGNiG  PGN.WA  hopes that
it can take advantage of new acquisition opportunities in Norway
that may come up due to the global crisis, the company's Chief
Executive Jerzy Kwiecinski said.  urn:newsml:reuters.com:*:nW8N29101Y
    
    ** French telecom giant Orange  ORAN.PA  said it does not
plan to make a rival bid for Spanish telecom operator MasMovil
 MASM.MC  after three buyout funds made a 3 billion euro ($3.4
billion) offer on Monday.  urn:newsml:reuters.com:*:nL8N2DH20M
    
    ** A consortium that agreed to buy Thyssenkrupp's  TKAG.DE 
elevator division for 17.2 billion euros ($19.25 billion)
earlier this year is getting regular requests to sell parts of
the business, one of the co-investors said.  urn:newsml:reuters.com:*:nL8N2DH2R1
    
    ** Australia's Infigen Energy  IFN.AX  said a preliminary
analysis of a A$777 million ($536 million) takeover by
Philippine conglomerate Ayala Corp  AC.PS  showed the offer was
"opportunistic" but that it was still considering the bid.
 urn:newsml:reuters.com:*:nL4N2DH15E
    
    ** Small Australian copper producer Aeris Resources  AIS.AX 
said it has offered to buy the Cracow gold project from
Evolution Mining Ltd  EVN.AX  for up to A$125 million ($86.6
million) to diversify its portfolio.  urn:newsml:reuters.com:*:nL4N2DH05N

 (Compiled by Mrinalika Roy in Bengaluru)
 ((mrinalika.roy@thomsonreuters.com; within U.S. +1 646 223
8780, outside U.S. +91 806749 8325;))
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