Deals of the day-Mergers and acquisitions

JSR

02/04/2024 14:42

(Adds: SLB, Enauta, Cielo, CVC Capital Partners  Updates:)
       April 2 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on Tuesday:

        ** Top oilfield services company SLB  SLB.N  said it
will buy smaller rival ChampionX  CHX.O  in an all-stock deal
valued at $7.75 billion, amid growing consolidation in the North
American energy sector.
  
         urn:newsml:reuters.com:*:nL3N3GB2JB
  
        
  
        ** Brazilian energy firm Enauta  ENAT3.SA  has presented
an offer to combine with fellow oil firm 3R Petroleum
 RRRP3.SA , which in turn said it had halted talks for a
proposed tie-up with rival PetroReconcavo  RECV3.SA  to analyse
the new bid.
  
         urn:newsml:reuters.com:*:nL2N3GB0U2
  
    
        ** The controlling shareholders of Brazilian payments
firm Cielo  CIEL3.SA  have reached an agreement with some
minority shareholders to raise the price of a tender offer to
take the company private, according to a securities filing.
  
         urn:newsml:reuters.com:*:nL2N3GB0UP
  
        
  
        ** An investment vehicle linked to CVC Capital Partners
has disposed of its entire 5% stake in Vietnam's fourth biggest
non-state owned commercial lender, Asia Commercial Bank (ACB),
for $220 million, according to a company filing and a person
with knowledge of the matter.
  
         urn:newsml:reuters.com:*:nL2N3GB0PH
  
    
    ** 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 , 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;))