Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds Bombardier, Nestle
Sept 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Tuesday:
** Nestle on Tuesday agreed to divest Holistic Health platform, its mainstream vitamins, minerals and supplements (VMS) business, to private equity firm Yellow Wood Partners for $1 billion, according to a statement from the two companies. nL6N44T10V
** Bombardier BBDb.TO said on Tuesday it would acquire a Canadian factory from supplier Mitsubishi Heavy Industries (MHI) 7011.T , which manufactures wings for the private jet maker's Global 5500 and 6500 aircraft. nL4N44T1K5
** Chesapeake Utilities CPK.N said its unit has sold a 49% stake in a $1.2 billion South Florida natural gas transmission infrastructure project to NextEra Energy Resources NEE.N. nL4N44T165
** Keurig Dr Pepper KDP.O said it would sell its investment in Chobani back to the yogurt maker for $925 million, as the beverage company reshapes its business following its acquisition of JDE Peet's. nL6N44T0P1
** U.S.-based private equity firm Veritas Capital agreed to buy British thermal processing services company Bodycote BOY.L in a £1.85 billion ($2.51 billion) deal, including debt, outbidding rival suitor CVC. nL6N44T0JX
** Gamma Communications GAMA.L agreed to a takeover by London-based private equity firm Epiris, valuing the British telecom firm at £1.08 billion ($1.46 billion) including debt, the companies said , capping months of takeover talks. nL4N44T0JJ
** Norwegian oil firm DNO DNO.OL has agreed to buy UK's Capricorn Energy CNE.L for $396 million, the parties said , outbidding rival Genel Energy GENL.L. nL4N44T0HG
** Octopus Energy said that it had acquired Danish power trading firm BD Energy to bolster its technology-driven trading capabilities as it expands its renewable energy business in Europe. nL4N44T0FY
** Swiss security group Dormakaba DOKA.S said it would simplify its ownership structure by buying out a stake from its top shareholder, after it reported adjusted full-year core earnings in line with market expectations. nL8N44T073
(Compiled by Anzar Mehraj, Sahil Pandey and Rajarshi Roy in Bengaluru; Edited by Ronojoy Mazumdar)
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