Deals of the day-Mergers and acquisitions

Metro Pacific Investments

01/07/2024 11:09

July 1 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 10:00 GMT on Monday:

    ** Metro Pacific Tollways, an affiliate of Philippines'
Metro Pacific Investments  MPCFF.PK , said it will, together
with global investment firm, GIC, take up a 35% stake worth $1
billion in a unit of Indonesian toll road operator, PT Jasa
Marga (Persero)  JSMR.JK .
     urn:newsml:reuters.com:*:nL4N3IT0LR
    
    ** South African pharmacy chain Clicks Group  CLSJ.J  said
it would sell drug maker Unicorn Pharmaceuticals to comply with
a court ruling, clearing the way for the health ministry to
issue the company with licences for new stores.
     urn:newsml:reuters.com:*:nL8N3IT0FF
    
    ** BlackRock  BLK.N  has agreed to buy UK data firm Preqin
for 2.55 billion pounds ($3.23 billion) in cash in a further
expansion by the world's biggest asset management company into
alternative investments.
     urn:newsml:reuters.com:*:nL1N3IS07X
    
    ** Boeing  BA.N  agreed to buy back Spirit AeroSystems
 SPR.N  for $4.7 billion in stock and Airbus moved to take on
the supplier's loss-making Europe-focused activities in return
for hundreds of millions of dollars of compensation in a rare
coordinated move.
     urn:newsml:reuters.com:*:nL4N3IT09U
    
    ** French private equity firm PAI Partners teamed up with
Spanish peer Inveready to make an offer to buy Spain's fifth
largest telecom company Avatel, Expansion newspaper reported
citing unidentified market sources.
     urn:newsml:reuters.com:*:nL1N3IT07Q
    
    ** Indonesia's Delta Dunia Group  DOID.JK  plans to grow
through acquisitions, backed by strong support from its lenders,
after it completed the $122.4 million purchase of Atlantic
Carbon Group, director Iwan Salim said.
     urn:newsml:reuters.com:*:nL1N3IT05J
    
    ** Google  GOOGL.O  said it has taken a stake in Taiwan's
New Green Power and could buy up to 300 megawatts of renewable
energy from the BlackRock  BLK.N  fund-owned firm to help cut
its carbon emissions and those of suppliers.
     urn:newsml:reuters.com:*:nL8N3IQ0XT

 (Compiled by Rajarshi Roy and Sneha S K in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))