Deals of the day-Mergers and acquisitions

Kahoot ASA

16/09/2022 11:41

Sept 16 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Friday:

    **China's antitrust regulator has approved Bain Capital's
deal to buy Hitachi Metals  5486.T , its website said, clearing
a major hurdle for the multibillion-dollar acquisition.
     urn:newsml:reuters.com:*:nL1N30N0GQ
    
    **Softbank  9434.T  said it had agreed to sell its 15% stake
in Norwegian e-learning group Kahoot  KAHOT.OL  to U.S. private
equity group General Atlantic FT BV. urn:newsml:reuters.com:*:nL8N30N15O
        
    **Adobe Inc  ADBE.O  agreed on Thursday to acquire
cloud-based designer platform Figma for $20 billion, sparking
investor concerns about the rich price tag that led to a drop of
more than $30 billion in the market value of the Photoshop
maker. urn:newsml:reuters.com:*:nL4N30M2DV
    
    **Mexican high-end department store chain Liverpool
 LIVEPOLC1.MX  has acquired a 9.9% passive stake in U.S. upscale
retailer Nordstrom  JWN.N , using what it said was surplus cash
for a bet on geographic diversification. urn:newsml:reuters.com:*:nL1N30M32N
    
    **Galaxy Digital Holdings Ltd  GLXY.TO , a     crypto
financial services firm, should pay at least $100 million in
damages for walking away from its $1.2 billion takeover deal for
BitGo Inc, the digital asset custodian said in a court filing
made public on Thursday. urn:newsml:reuters.com:*:nL1N30M2XW

 (Compiled by Priyamvada C and Rajarshi Roy in Bengaluru)
 ((Priyamvada.c@thomsonreuters.com))