Deals of the day-Mergers and acquisitions

LS

19/05/2022 10:49

(Adds: Globalive Capital Inc ,McDonald's Corp ,Centennial
Resource Development Inc ,Spirit Airlines Updates:)
    May 19 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1355 GMT on Thursday:
    
    ** Canadian investment firm Globalive Capital Inc said  it
has partnered with telecoms company Telus Corp  T.TO  to bid for
Shaw Communications Inc's  SJRb.TO  wireless business, Freedom
Mobile.  urn:newsml:reuters.com:*:nL3N2XB1SR
    
    ** McDonald's Corp  MCD.N  will sell its Russian business to
its current licensee Alexander Govor and the restaurants would
operate under a new brand, the world's largest burger chain
said.  urn:newsml:reuters.com:*:nL3N2XB24Z
    
    ** Centennial Resource Development Inc  CDEV.O  and Colgate
Energy Partners III LLC have agreed to a merger of equals, the
companies said on Thursday, creating a $7 billion Permian
Basin-focused U.S. oil and gas producer.  urn:newsml:reuters.com:*:nL3N2XB21A
        
    ** Spirit Airlines  SAVE.N  urged shareholders to reject a
hostile bid by JetBlue Airlines  JBLU.O  , saying it was "a
cynical attempt to disrupt" its merger with Frontier  ULCC.O .
 urn:newsml:reuters.com:*:nL2N2XB0O2
    
    ** U.S. oil and gas company Centennial Resource Development
Inc  CDEV.O  said  it would merge with Colgate Energy Partners
III LLC, creating a $7 billion Permian Basin focused firm.
 urn:newsml:reuters.com:*:nL3N2XB20A
        
    ** Russian businessman Vladimir Potanin's Interros holding
company bought its 35% stake in lender TCS Group  TCSq.L  for
several hundred million dollars, he said in an interview with
the Interfax news agency.  urn:newsml:reuters.com:*:nR4N2WX03S

    ** Woodside Petroleum's  WPL.AX  shareholders voted for a
merger with BHP Group's  BHP.AX  petroleum arm to create a top
10 global independent oil and gas producer worth $40 billion,
according to a vote count at the company's annual meeting.
 urn:newsml:reuters.com:*:nL2N2XB07E
    
    ** JX Nippon Mining & Metals Corp, a unit of Japan's oil and
metals giant Eneos Holdings  5020.T , said its unit will sell
its entire stake in South Korea's copper smelter LS-Nikko Copper
to its partner LS Corp  006260.KS  for 930 billion won ($727
million).  urn:newsml:reuters.com:*:nL2N2XB0EH
    
    ** Spanish telecom firm Telefonica  TEF.MC  said it agreed
to sell a 7.08% stake in the media group Prisa  PRS.MC , the
publisher of El Pais newspaper, for 34 million euros.
 urn:newsml:reuters.com:*:nL2N2XB0DK
    
    ** Canada's Brookfield Asset Management  BAMa.TO  has agreed
to buy British home repair services firm HomeServe  HSV.L  for
4.08 billion pounds ($5.04 billion), as it looks to broaden its
exposure to UK residential infrastructure investments.
 urn:newsml:reuters.com:*:nL3N2XB10S
    
    ** Canada's Turquoise Hill Resources Ltd  TRQ.TO  said on
Wednesday Rio Tinto  RIO.AX ,  RIO.L  will provide it interim
debt funding of up to $400 million while it evaluates the
Anglo-Australian miner's $2.7 billion bid for the company.
 urn:newsml:reuters.com:*:nL3N2XA3HY
    
    ** Brazilian commercial real estate firm BR Properties SA
 BRPR3.SA  said on Wednesday it reached a deal to sell part of
its real estate portfolio to Brookfield Group for around 5.92
billion reais ($1.19 billion).  urn:newsml:reuters.com:*:nS0N2WV03P

 (Compiled by Rajarshi Roy and Akash Sriram in Bengaluru)
 ((Akash.Sriram@tr.com;))