Deals of the day-Mergers and acquisitions

M3

07/12/2023 10:38

Dec 7 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT, on
Thursday:

    ** Japan life insurer Dai-Ichi Life Holdings  8750.T  said
it plans to launch a higher tender offer for healthcare platform
Benefit One  2412.T  in a competing bid against M3 Inc
 2413.T  urn:newsml:reuters.com:*:nL1N3D20Q3
    
    ** Greece and Paneuropean Oil & Industrial Holdings were
expected to sell around a combined 10% stake in Greece's biggest
oil refiner Helleniq Energy  HEPr.AT  via a book-building
process , a source from the country's privatisation agency
said urn:newsml:reuters.com:*:nL8N3CG2MT
    
    ** Bain Capital is the last remaining bidder for software
company SoftwareOne Holding AG  SWON.S  after other interested
parties, including private equity firm Apax Partners, dropped
out, three people familiar with the situation said urn:newsml:reuters.com:*:nL1N3D20S4

    ** British energy infrastructure company Smart Metering
Systems(SMS)  SMSS.L  said  U.S. fund KKR  KKR.N  will take it
private in a 1.3 billion pound ($1.63 billion) deal, setting it
up to join the growing list of firms leaving London
bourses urn:newsml:reuters.com:*:nL4N3D21UY
    
    ** Australian oil and gas major Santos  STO.AX   said it was
in preliminary discussions with rival energy giant Woodside
 WDS.AX  regarding a potential merger of the two
firms urn:newsml:reuters.com:*:nL4N3D21ZB

    ** AbbVie  ABBV.N  said on Wednesday it would buy Cerevel
Therapeutics  CERE.O  a developer of drugs for neurological
conditions, for about $8.7 billion in a bid to replace revenue
as its arthritis drug Humira faces a raft of new
competition urn:newsml:reuters.com:*:nL4N3D14NS
    
    ** India's largest private port operator Adani Ports and
Special Economic Zone  APSE.NS  is in early talks to acquire
real-estate conglomerate Shapoorji Pallonji Group's (SP Group)
Gopalpur port in Odisha for about 11-12 billion rupees
($132-$144 mln), The Economic Times reported urn:newsml:reuters.com:*:nL4N3D20RB
    
    ** Credit Suisse said on Wednesday it reached a deal to sell
its real estate fund management business in Brazil to asset
manager Patria Investments for up to 650 million reais (around
$130 million) urn:newsml:reuters.com:*:nL1N3D13KN

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