Deals of the day-Mergers and acquisitions

Momentive Global

12/01/2022 16:02

(Adds: Desert Peak Minerals, PKN Orlen, Repsol, Embraer SA, TCS
Group Holding Updates:)
    Jan 12 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1600 GMT on Wednesday:
    
    ** Desert Peak Minerals, an owner of mineral rights and
royalties, said it would merge with rival Falcon Minerals
 FMLN.O  to go public in a deal valuing the combined company at
$1.9 billion.
     urn:newsml:reuters.com:*:nL4N2TS2PP
    
    ** Poland's largest refiner PKN Orlen  PKN.WA  said it will
sell some Lotos  LTSP.WA  assets to companies including Saudi
Aramco and Hungary's MOL  MOLB.BU  to fulfill EU antitrust
rulings and complete its takeover of the smaller firm.
     urn:newsml:reuters.com:*:nL1N2TS0O4
        
    ** Spain's Repsol  REP.MC  has agreed to sell its interest
in two remaining Russian assets to Gazprom Neft  SIBN.MM , the
oil arm of the state gas company Gazprom  GAZP.MM , both
companies said.
     urn:newsml:reuters.com:*:nL1N2TS0RZ
    
    ** Brazilian planemaker Embraer SA  EMBR3.SA  said it has
reached a deal to sell its Portugal-based subsidiaries Embraer
Portugal Estruturas Metalicas and Embraer Portugal Estruturas em
Compositos to Spain's Aernnova Aerospace.
     urn:newsml:reuters.com:*:nS0N2TK018
    
    ** Russian lender TCS Group Holding  TCSq.L  said it planned
to develop Swiss crypto exchange Aximetria as part of its
international expansion and would later disclose details of the
transaction to buy the bourse.
     urn:newsml:reuters.com:*:nR4N2T501H
    
    ** Spanish infrastructure group Acciona  ANA.MC  is
considering selling an 8% stake in its clean energy unit Acciona
Energia  ANE.MC  on the stock market six months after its
initial public offering, Cinco Dias newspaper reported, citing
unidentified financial sources.
     urn:newsml:reuters.com:*:nL1N2TS0D4
    
    ** Softbank-backed Brazilian company 2TM, which runs Latin
America's largest cryptocurrency exchange Mercado Bitcoin, said 
it will acquire a controlling stake in Lisbon-based crypto
exchange CriptoLoja.
     urn:newsml:reuters.com:*:nL1N2TR2Y8
    
    ** Australian lithium miner Liontown Resources Ltd  LTR.AX 
said it signed a deal to sell lithium spodumene from its
flagship project to the battery unit of South Korea's LG Chem,
sending its shares soaring 13%.
     urn:newsml:reuters.com:*:nL4N2TR43A
    
    ** Australian buy now, pay later firm Afterpay Ltd  APT.AX 
said its $29 billion buyout by payments firm Block Inc  SQ.N ,
previously known as Square Inc, has received approval from the
Bank of Spain, making the deal fully unconditional.
     urn:newsml:reuters.com:*:nL4N2TR3MY

 (Compiled by Rajarshi Roy and Kannaki Deka in Bengaluru)
 ((Kannaki.Deka@thomsonreuters.com))