Deals of the day-Mergers and acquisitions

Korea Zinc

28/10/2024 20:01

(Adds: Rapid7, BC Partners, QatarEnergy, Korea Zinc; Updates:
AbbVie,)
       Oct 28 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1958 GMT on Monday:

    ** Rapid7  RPD.O , a cybersecurity firm with a market value
of $2.4 billion, is exploring options with its investment
bankers after attracting acquisition interest from buyout firms,
according to people familiar with the matter.  urn:newsml:reuters.com:*:nL4N3M404J
        
  
        ** Private equity firm BC Partners has agreed to sell
its controlling stake in GardaWorld, in a deal that values the
Canadian security services company at C$13.5 billion ($9.72
billion).  urn:newsml:reuters.com:*:nL4N3M41EQ
  
        
  
        ** QatarEnergy, one of the world's top suppliers of
liquefied natural gas, said it had agreed to take a 50% stake in
TotalEnergies' 1.25-gigawatt  TTEF.PA  solar project in Iraq.
 urn:newsml:reuters.com:*:nL8N3M411Y
  
        
  
        ** Korea Zinc  010130.KS  said it has secured 9.85% of
the company's shares in a $1.5 billion buyback that it launched
to block shareholders from selling their stakes to its top
investor Young Poong and private equity firm MBK.  urn:newsml:reuters.com:*:nL1N3M30FQ
  
    
    ** AT&T  T.N  said it had struck a $1 billion multi-year
deal with Corning  GLW.N  to buy fiber, cable, and connectivity
solutions, as the U.S. telecom giant looks to expand its
high-speed internet services.  urn:newsml:reuters.com:*:nL4N3M40XN
    
    ** AbbVie  ABBV.N  will buy Aliada Therapeutics for $1.4
billion in cash, gaining access to the privately held therapy
developer's Alzheimer's disease candidate as the U.S. drugmaker
increases its neuroscience focus.  urn:newsml:reuters.com:*:nL4N3M40W1
    
    ** Korea Zinc  010130.KS  said it has secured 9.85% of the
company's shares in a $1.5 billion buyback that it launched to
block shareholders from selling their stakes to its top investor
Young Poong and private equity firm MBK.  urn:newsml:reuters.com:*:nL1N3M30FQ

 (Compiled by Rajarshi Roy, Prakhar Srivastava and Jaspreet
Singh in Bengaluru)
 ((prakhar.srivastava2@thomsonreuters.com))