Deals of the day-Mergers and acquisitions

LXi REIT

26/09/2022 11:23

Sept 26 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1000 GMT on Monday:
    ** Airports Group Europe, an indirect subsidiary of IFM
Global Infrastructure Fund (IFM GIF), has sweetened its bid to
obtain a majority stake in Vienna Airport.  urn:newsml:reuters.com:*:nL8N30X1G4
    ** Shares in M6  MMTP.PA , the French television unit German
media giant Bertelsmann has put up for sale, rallied  after
reports that initial offers by bidders had been filed.
 urn:newsml:reuters.com:*:nL1N30X0FM
    ** Property investor LXi REIT  LXIL.L  said it is pulling
out from a deal to buy Sainsbury's  SBRY.L  stores in southern
England after suspending an equity funding, citing stock market
volatility.  urn:newsml:reuters.com:*:nL4N30X1E8
    ** Qatari telecoms company Ooredoo  ORDS.QA  is preparing
for a sale of 20,000 of its towers, it said , with sources close
to the matter saying it has engaged Morgan Stanley  MS.N  to
work on the deal.  urn:newsml:reuters.com:*:nL8N30U3W7
    ** Spanish power company Iberdrola  IBE.MC  hired Barclays'
 BARC.L  investment bank to sell upto 49% in a portfolio of
Spanish renewable power projects, Expansion newspaper reported,
citing unidentified market sources.  urn:newsml:reuters.com:*:nL1N30X0C2
    ** The Asian branch of global crop merchant Louis Dreyfus
Company (LDC) said it had entered into an agreement with
Longriver Farms for the acquisition of Australian grain handler
Emerald Grain.  urn:newsml:reuters.com:*:nFWN30V06D
    ** Private equity firm Ratos  RATOb.ST  said it had made a
recommended cash offer for Semcon  SEMC.ST  that values the
Swedish tech consultancy at 2.84 billion crowns ($249.1
million).  urn:newsml:reuters.com:*:nL8N30X0NI
    ** A KKR & Co Inc  KKR.N  led group withdrew a A$20 billion
($13 billion) approach for Australian hospital operator Ramsay
Health Care  RHC.AX  after talks hit a stalemate, killing
Australia's biggest deal of the year and sending the target's
shares tumbling.  urn:newsml:reuters.com:*:nL1N30W0I4
 (Compiled by Rajarshi Roy and Raghav Mahobe in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))