Deals of the day-Mergers and acquisitions

JSR

02/04/2024 10:59

April 2 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Tuesday:

    ** Australian shipbuilder Austal said it had rejected an
A$1.02 billion ($662 million) takeover offer from South Korea's
Hanwha Ocean as it was unlikely to be approved by Australian and
U.S. regulators due to the sensitivity of its operations.
     urn:newsml:reuters.com:*:nL3N3GA3GW
    
    ** Pakistan is putting on the block a stake ranging from 51%
to 100% of loss-making national carrier Pakistan International
Airlines  PIAa.PSX , the privatisation panel said on Tuesday, as
part of reforms urged by the IMF.
     urn:newsml:reuters.com:*:nL2N3GB0DC
    
    ** Australia's APM Human Services  APM.AX  is in talks with
various parties regarding a potential transaction, it said, days
after private equity firm CVC Asia Pacific failed to go ahead
with its A$1.83 billion ($1.19 billion) takeover offer.
     urn:newsml:reuters.com:*:nL3N3GB1AH

    ** Funds related to activist shareholder Yoshiaki Murakami
jointly own a 5.11% stake in Japanese chip materials maker JSR
Corp  4185.T , a regulatory filing showed.
     urn:newsml:reuters.com:*:nL3N3GB1GJ

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