Deals of the day-Mergers and acquisitions

Mitsui Fudosan Co

27/11/2020 11:00

(Adds Shandong Gold Mining Co, Vifor Pharma, Advanz Pharma,
Sabadell and Beitar Jerusalem; updates Mitsui Fudosan Co)
    Nov 27 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1430 GMT on Friday:
    
    ** China's Shandong Gold Mining Co  600547.SS  said it had
been notified by the authorities in Canada that they would
extend a security review into the company's bid to acquire an
Arctic gold mine by at least 45 days.  urn:newsml:reuters.com:*:nL1N2ID0SW
    
    ** Swiss drugmaker Vifor Pharma  VIFN.S  had a recent
takeover approach from at least one private equity firm, but
talks were halted due to differences over price, two sources
familiar with the situation said.  urn:newsml:reuters.com:*:nL1N2ID0SQ
    
    ** Drugmaker Advanz Pharma has drawn interest from private
equity funds, including U.S. buyout fund Carlyle, as its
creditors are scrambling to find a new owner following a debt
restructuring deal last year, sources familiar with the matter
said.  urn:newsml:reuters.com:*:nL8N2IC4Y7
    
    ** Spanish lender Sabadell  SABE.MC  has given Goldman Sachs
a mandate to sell its loss-making British unit TSB, a source
aware of the arrangement told Reuters.  urn:newsml:reuters.com:*:nL8N2ID305
    
    ** A member of Abu Dhabi's ruling family is looking to buy a
roughly 50% stake of Israeli Premier League soccer club Beitar
Jerusalem, the club's owner said.  urn:newsml:reuters.com:*:nL1N2ID0VR
    
    ** Japanese property developer Mitsui Fudosan Co  8801.T 
said it would pay $1.2 billion to buy ballpark operator Tokyo
Dome Corp  9681.T , a white-knight bid likely to help fend off
prominent activist fund Oasis Management.  urn:newsml:reuters.com:*:nL1N2IC1TX
    
    ** Ascena Retail Group, which owns clothing brands such as
Ann Taylor and Loft, said it will be acquired by Premium Apparel
LLC for $540 million on a cash-free and debt-free basis.
 urn:newsml:reuters.com:*:nL1N2IC1ND
    
    ** BBVA  BBVA.MC  and Sabadell called off merger talks after
failing to agree on financial terms, in a blow to banking
consolidation in Spain which also leaves the future of
Sabadell's British lender TSB unclear.  urn:newsml:reuters.com:*:nL8N2ID0FU
    
    ** Alibaba Group Holding Ltd  BABA.N   9988.HK  and Tencent
Holdings Ltd  0700.HK  have each held separate talks with Baidu
Inc to acquire a controlling stake in video streaming service
iQIYI Inc  IQ.O , people with knowledge of the matter told
Reuters.  urn:newsml:reuters.com:*:nL8N2IA3Z0
    
    ** Blackstone  BX.N  and Chinese online retailer JD.com
 JD.O  are among more than 10 parties to bid for CMC Holdings,
the sole distributor of FANCL's  4921.T  skincare products in
Asia outside Japan, people with direct knowledge of the matter
said.  urn:newsml:reuters.com:*:nL1N2ID0CP
    
    ** British outsourcer Capita Plc  CPI.L  said it was in
exclusive talks with private equity firm Montagu over the
potential sale of its standalone Education Software Solutions
(ESS) business.  urn:newsml:reuters.com:*:nL4N2ID1VG
    
    **  Brazilian telecom Oi SA  OIBR4.SA  sold in an auction on
Thursday its data center and tower units, in an operation that
fetched about $260 million for the cash-strapped company.
 urn:newsml:reuters.com:*:nL1N2IC1SJ
        
    

 (Compiled by Chavi Mehta in Bengaluru)
 ((Chavi.Mehta@thomsonreuters.com;))