Deals of the day-Mergers and acquisitions
07/12/2023 14:43
(Adds: Arctos Partners, SoftBank, AXA Updates:)
Dec 7 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT, on
Thursday:
** U.S. private equity group Arctos Partners have
acquired a minority common equity stake in French champions
Paris Saint-Germain, the Ligue 1 club announced urn:newsml:reuters.com:*:nL4N3D23F7
** Japan's SoftBank 9984.T is seeking to sell a 1.1%
stake in the Indian food delivery platform Zomato ZOMT.NS
through a block deal worth 11.28 billion rupees ($135.36
million), CNBC-TV18 reported , citing sources urn:newsml:reuters.com:*:nL4N3D238P
** AXA AXAF.PA is considering selling some of its
protection insurance businesses across Western Europe in a deal
that could be worth up to 1 billion euros ($1.1 billion), two
people close to the matter told Reuters urn:newsml:reuters.com:*:nL8N3D22UP
** 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;))