Deals of the day-Mergers and acquisitions

KLN Logistics

09/02/2021 11:00

(Adds Tullow, S.F. Holding, Siemens, SNC-Lavalin Group,
Natixis, GlobalWafers, Statkraft)
    Feb 9 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2100 GMT on Tuesday:
    
    ** Tullow Oil  TLW.L  has agreed to sell stakes in some of
its non-operated offshore oilfields in Equatorial Guinea and
Gabon to smaller Africa-focused rival Panoro Energy  PANN.OL  
for up to $180 million, the companies said.  urn:newsml:reuters.com:*:nL1N2KF1WL
    
    ** Chinese logistics giant S.F. Holding Co  002352.SZ   has
offered to buy a 51.8% stake in Hong Kong-listed Kerry Logistics
Networks Ltd  0636.HK , it said in an exchange filing.
 urn:newsml:reuters.com:*:nL4N2KF45B
    
    ** German conglomerate Siemens  SIEGn.DE  is preparing to
put its traffic light technology and equipment unit up for sale,
two people close to the matter said.  urn:newsml:reuters.com:*:nL8N2KE233
    
    ** SNC-Lavalin Group Inc  SNC.TO  said it would sell its oil
and gas business to Kentech Corporate Holdings Ltd, an energy
services company backed by private equity firm Blue Water
Energy, and focus on its high-performing engineering services.
 urn:newsml:reuters.com:*:nL4N2KF3RB
    
    ** French bank BPCE plans to buy the 29.3% stake in domestic
peer Natixis  CNAT.PA  it does not already own, with a view to
delisting the lender and restructuring some of its activities.
 urn:newsml:reuters.com:*:nL1N2KF0KH
    
    ** GlobalWafers  6488.TWO  said its bid for Germany's
Siltronic  WAFGn.DE  had been successful, after it secured
control over the required majority of shares with its 4.35
billion euro ($5.3 billion) offer.  urn:newsml:reuters.com:*:nS8N2IR011
    
    ** Norwegian utility Statkraft has agreed to buy a 51% stake
in Swedish electric vehicle charging firm Bee Charging
Solutions, seeking to benefit from Sweden's nascent boom in the
sale of battery-powered cars.  urn:newsml:reuters.com:*:nL8N2KF2W4

    ** HeidelbergCement  HEIG.D  has identified five assets to
sell in a review of its business and has had a good start to
2021, its chief executive told Reuters, as the world's No.2
cement maker enters the next phase of its plan to boost margins.
 urn:newsml:reuters.com:*:nL8N2KE22O
    
    **  South Africa's MTN Group  MTNJ.J  said it will sell its
20% shareholding in Belgacom International Carrier Services SA
(BICS) to Belgian state-controlled telecoms firm Proximus
 PROX.BR  for 1.8 billion rand ($121.41 million).  urn:newsml:reuters.com:*:nL1N2KF0HJ
    
    ** Swisscom has agreed to sell its 22.4% stake in Belgacom
International Carrier Services (BICS) to majority owner Proximus
 PROX.BR  for around 110 million euros ($133 million), it said.
 urn:newsml:reuters.com:*:nFWN2KE1LT
    
    ** Singapore port operator Jurong Port is set to take over
the shares in a major oil storage terminal in the city state
from the Lim family behind collapsed oil trader Hin Leong, three
sources with knowledge of the matter told Reuters.  urn:newsml:reuters.com:*:nL4N2KF1TB
    
    ** Ray-Ban maker EssilorLuxottica  ESLX.PA  has offered to
sell assets in three EU countries in a bid to gain EU antitrust
approval for its 7.2-billion-euro ($8.7 billion) purchase of
GrandVision  GVNV.AS , a person familiar with the matter said.
 urn:newsml:reuters.com:*:nL8N2KF2HO
    



($1 = 7.7516 Hong Kong dollars)

 (Compiled by Vishwadha Chander and Shreyasee Raj in Bengaluru)
 ((Shreyasee.Raj@thomsonreuters.com;))