Deals of the day-Mergers and acquisitions

Kelsian

17/03/2023 14:00

(Adds Tata Consumer, CapitaLand, Microsoft)
       March 17 (Reuters) - The following bids, mergers, acquisitions and
disposals were reported by 1330 GMT on Friday:

        ** India's Tata Consumer Products Ltd  TACN.NS  said it had ceased
discussions with packaged water maker Bisleri International about a potential
acquisition.  urn:newsml:reuters.com:*:nL4N35P2AF
  
        
  
        ** Asian real estate giant CapitaLand Group is in talks to acquire
assets worth roughly $1.5 billion from Vietnam's biggest listed property firm
Vinhomes JSC  VHM.HM , two sources familiar with the matter told Reuters.
 urn:newsml:reuters.com:*:nL4N35O0PU
  
        
  
        ** Microsoft Corp  MSFT.O  has offered remedies in an attempt to gain EU
antitrust approval for its $69 billion acquisition of Activision  ATVI.O , a
European Commission filing showed.  urn:newsml:reuters.com:*:nL1N35P0O5
  
    
    ** Chinese private equity firm DCP Capital aims to sell its Singaporean
portfolio firm MFS Technology, which makes flexible printed circuit boards, for
at least $550 million, two people with knowledge of the matter told Reuters.
 urn:newsml:reuters.com:*:nL4N35P0CN
    
    ** French food retailer Casino  CASP.PA  said it had raised 723.2 million
euros ($769.85 million) with the sale of another stake in its Brazilian
cash-and-carry unit Assai as it pushes ahead with plans to reduce its debt wall.
 urn:newsml:reuters.com:*:nL8N35P0W0
    
    ** Shares of Kelsian Group  KLS.AX  fell more than 11%, on track for their
worst day in nearly seven months, after the Australian transit operator
undertook a discounted placement to fund its $325 million acquisition of a
U.S.-based bus operator.  urn:newsml:reuters.com:*:nL4N35P0PH
    
    ** Canadian private equity firm Ethical Capital Partners (ECP) on Thursday
said it had acquired Pornhub owner MindGeek, which has been mired in controversy
over recent years.  urn:newsml:reuters.com:*:nL4N35O4GG
    
    ** A U.S. bankruptcy judge declined to delay the $1.3 billion sale of crypto
lender Voyager Digital to Binance.US, saying Voyager customers should not be
forced to wait out a challenge by the Department of Justice that is unlikely to
succeed.  urn:newsml:reuters.com:*:nL1N35O1P9

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