Deals of the day-Mergers and acquisitions

Just Eat Takeaway.com NV

13/11/2024 11:08

Nov 13 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Wednesday:

    ** Japan's Seven & i Holdings  3382.T  has received a buyout
proposal from a member of its founding Ito family, it said, a
potential $58 billion white-knight bid as it weighs a rival
offer from Canada's Alimentation Couche-Tard  ATD.TO .
 urn:newsml:reuters.com:*:nL4N3MK09P

    ** Europe's biggest meal delivery firm Just Eat Takeaway
 TKWY.AS  said it had struck a deal to sell its U.S. unit
Grubhub to Wonder for $650 million, sending its shares soaring
20% in early trading.  urn:newsml:reuters.com:*:nL1N3MK07H

    ** Japan's Mizuho Financial Group  8411.T  will take a 15%
stake in Rakuten Group  4755.T  subsidiary Rakuten Card for 165
billion yen ($1.06 billion) in a further deepening of the two
companies' strategic alliance, they said.  urn:newsml:reuters.com:*:nL4N3MK0IJ

    ** Satellite TV provider DirecTV said on Tuesday it will
abandon its planned acquisition of EchoStar's  SATS.O  satellite
television business that includes Dish TV by Nov. 22 if
bondholders don't agree to a debt exchange.  urn:newsml:reuters.com:*:nL4N3MK07H

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