Deals of the day-Mergers and acquisitions

Liechtensteinische Landesbank Aktiengesellschaft

27/01/2022 11:29

Jan 27 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1100 GMT on Thursday:

    ** Shares in Telecom Italia (TIM)  TLIT.MI  fell as much as
2.8% after the phone group said it would study a split of its
network assets in a move that could further delay an answer to a
takeover approach by U.S. fund KKR  KKR.N .  urn:newsml:reuters.com:*:nL8N2U72PC
    
    ** Tencent Holdings Ltd  0700.HK  plans to take DouYu
International Holdings Ltd  DOYU.O  private amid disagreements
over strategy among executives at the Chinese videogame
streaming firm, two people with direct knowledge of the matter
said.  urn:newsml:reuters.com:*:nL1N2U70UI
    
    ** SAP  SAPG.DE  said it has agreed to buy a majority stake
in privately held U.S. fintech firm Taulia as the German
business software group seeks to expand its presence in
supply-chain financing and working capital management.
 urn:newsml:reuters.com:*:nL1N2U70J6
    
    ** Stellantis  STLA.MI ,  STLA.PA  plans to increase its
stake in its 50-50 joint venture in China with Guangzhou
Automobile Group (GAC)  601238.SS  to 75% as part of its efforts
to tackle one of the weak spots in its business.  urn:newsml:reuters.com:*:nL8N2U71X1
    
    ** Italy's Generali  GASI.MI  said it would become the
majority shareholder in both its life and non-life Indian
insurance joint ventures.  urn:newsml:reuters.com:*:nL8N2U71F7
    
    ** Liechtensteinische Landesbank AG (LLB)  LLBN.S  will
offer to buy out the rest of Bank Linth  LINN.S  in an agreed
deal that lets investors choose between cash and a
cash-and-shares option, LLB said.  urn:newsml:reuters.com:*:nL8N2U71B7
        
    ** Japanese trading house Marubeni Corp  8002.T  will sell
the grains business of its U.S. unit Gavilon to commodities
trader Glencore PLC's  GLEN.L  Viterra arm for $1.125 billion,
plus working capital, Viterra said on Wednesday.  urn:newsml:reuters.com:*:nL1N2U701O

 (Compiled by Rajarshi Roy and Sohini Podder in Bengaluru)
 ((Sohini.Podder@thomsonreuters.com))