Deals of the day-Mergers and acquisitions

Kyowa Kirin

05/10/2023 10:57

Oct 5 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Thursday:

    ** India's Tata Group is in advanced talks with Temasek
Holdings  TEM.UL  to buy back a stake in its entertainment
content distribution platform at a valuation of more than $1
billion, Bloomberg News reported, citing people familiar with
the matter.
     urn:newsml:reuters.com:*:nL4N3BB1JI
    
    ** Japanese pharmaceutical firm Kyowa Kirin  4151.T  said 
it would acquire Britain-based biopharmaceutical company Orchard
Therapeutics for $477.6 million, aiming to promote the
development of new drugs.
     urn:newsml:reuters.com:*:nL4N3BB1G6
    
    ** French payments company Worldline  WLN.PA  has agreed to
buy Banca del Fucino's merchant acquiring activities and to
strike a long-term partnership with the Italian lender, the two
firms said in a joint statement.
     urn:newsml:reuters.com:*:nL8N3BB1CT
    
    ** Pakistani ecommerce logistics startup Rider, backed by
YCombinator, is looking into acquiring BlueEx  UNIV.PSX  the
only listed Express Courier Logistics Company in Pakistan, it
told Reuters.
     urn:newsml:reuters.com:*:nL4N3BA35H
    
    ** Malaysia's military pension fund Lembaga Tabung Angkatan
Tentera (LTAT) has offered to buy the shares in palm oil firm
Boustead Plantations  BOPL.KL  it does not already own for about
1.1 billion ringgit ($233.10 million) after a rival deal fell
through.
     urn:newsml:reuters.com:*:nL4N3BA2DK
    
    ** Suncor Energy  SU.TO  on Wednesday said it would acquire
French energy firm TotalEnergies'  TTEF.PA  Canadian operations
for C$1.47 billion ($1.07 billion) to bolster its bitumen
production capacity.
     urn:newsml:reuters.com:*:nL4N3BA3LK

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