Deals of the day-Mergers and acquisitions

Jaiprakash Associates

10/10/2022 14:53

(Adds: Morrisons, Getir)
       Oct 10 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 13:30 GMT on Monday:
        ** Turkish fast delivery startup Getir is in advanced
talks to buy Berlin-based rival Gorillas Technologies GmbH,
Bloomberg News reported on Monday, citing people familiar with
the matter.
  
         urn:newsml:reuters.com:*:nL4N31B21R
  
        ** British supermarket group Morrisons' purchase of
convenience retailer McColl's looks set to be cleared after the
competition regulator said it was likely to accept an offer to
sell 28 stores. urn:newsml:reuters.com:*:nL8N31B2CS
  
    ** U.S. private equity firm Warburg Pincus will acquire a
majority stake in India's Vistaar Finance, the small-business
lender said on Monday, underscoring the rising investor interest
in the Asian nation's booming lending market.  urn:newsml:reuters.com:*:nL4N31B14V
    ** Singapore shopping mall owner NTUC Enterprise
Co-operative Ltd has scaled down the size of a planned asset
sale to about S$3 billion ($2.1 billion), or three-fourths of
the original proposal, while short-listing three potential
buyers, sources familiar with the matter said.  urn:newsml:reuters.com:*:nL4N31B05S
    ** India's Adani Group is in advanced talks to buy
debt-laden Jaiprakash Associates Ltd's  JAIA.NS  cement business
for $606 million, Bloomberg News reported, citing sources.
 urn:newsml:reuters.com:*:nL4N31B0PJ
    ** New Zealand's Pushpay Holdings Ltd  PPH.NZ  said it had
received a revised, indicative, and non-binding buyout proposal,
months after confirming it was in early talks with multiple
parties for a potential acquisition.  urn:newsml:reuters.com:*:nL4N31B0JW
 (Compiled by Sourasis Bose, Rajarshi Roy, and Pratik Jain in
Bengaluru)
 ((Pratik.Jain@thomsonreuters.com))