Deals of the day-Mergers and acquisitions

Miramar Hotel And Investment Co

15/01/2025 20:35

(Adds: E.ON, Italy, Kering, Hellas Verona, Miramar Hotel and
Investment, QXO)
       Jan 15 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2030 GMT on
Wednesday:
        
    ** Romania's energy ministry said on Wednesday it has
notified a government agency that reviews foreign investment
about potential national security risks stemming from a planned
sale of E.ON's  EONGn.DE  local energy provider to Hungary's
MVM.  urn:newsml:reuters.com:*:nL8N3OB1OJ
    
    ** Italy has no plans to strengthen its "golden power"
legislation to intervene in mergers and takeovers in the
financial sector, Economy Minister Giancarlo Giorgetti said.
 urn:newsml:reuters.com:*:nL8N3OB1CQ
    
    ** Gucci owner Kering  PRTP.PA  and French private equity
firm Ardian struck a deal to transfer three Paris real estate
assets to a newly created joint venture, the companies
announced, saying net proceeds for Kering would amount to 837
million euros ($860.27 million).  urn:newsml:reuters.com:*:nL8N3OB1NN
    
    ** U.S. private equity firm Presidio Investors has completed
a deal to buy struggling Italian soccer club Hellas Verona from
Italian entrepreneur Maurizio Setti, the Serie A side said on in
a statement on its website.  urn:newsml:reuters.com:*:nL8N3NO0V8
    
     ** Miramar Hotel and Investment  0071.HK  is buying a unit
of Henderson Land Development  0012.HK  in Hong Kong for HK$3.12
billion ($400.75 million) to build a new hotel and commercial
complex, the hotel chain said.  urn:newsml:reuters.com:*:nL4N3OB1A0
        
  
        ** Beacon Roofing Supply BECN.O on Wednesday rejected a
$11 billion takeover offer from QXO QXO.O, a new player in the
building products distribution industry, saying its proposal
"significantly undervalues" the roofing material supplier.
 urn:newsml:reuters.com:*:nL4N3OB13V
  
        
  
        ** A takeover offer for Malaysia Airports  MAHB.KL  by a
consortium comprising the country's sovereign wealth fund and
BlackRock has been extended again to Jan. 24, a stock exchange
filing showed.  urn:newsml:reuters.com:*:nL4N3OB0WK
  
        
  
        ** U.S.-based infrastructure investment firm I Squared
Capital is weighing an offer for Hong Kong-listed broadband
operator HKBN  1310.HK  that could value it at up to $1 billion,
two people with knowledge of the deal said.  urn:newsml:reuters.com:*:nL4N3OA122
  
        
  
        ** Britain's Octopus Energy acquired the French business
of Sweden-based OX2 that develops solar power plants on
agricultural land, with Octopus planning to retain the French
team and add to the current solar portfolio in development.
 urn:newsml:reuters.com:*:nL8N3OB0LB
  
    
    ** Pfizer  PFE.N  will sell shares worth 2.50 billion pounds
($3.05 billion) in Haleon  HLN.L , lowering its stake in the
British consumer healthcare company to about 7.3% from 15%, its
bookrunner JPMorgan said.  urn:newsml:reuters.com:*:nL4N3OA1DK
    
    ** King Risk Partners has acquired Bruce Hendry Insurance,
expanding its presence in southwest Florida.  urn:newsml:reuters.com:*:nL6N3OA0PU
    
    **  France's Bureau Veritas  BVI.PA  and Switzerland's SGS
 SGSN.S  are in merger talks to create a testing and
certification giant worth more than $30 billion that would dwarf
competitors.  urn:newsml:reuters.com:*:nL4N3OB0DF
    
    ** GeoPark  GPRK.N  will not go ahead with its planned $530
million acquisition of Spain-based Repsol's  REP.MC  oil and gas
production assets in Colombia, the company said on Tuesday.
 urn:newsml:reuters.com:*:nL4N3OA1PO

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