Deals of the day-Mergers and acquisitions

Momentive Global

14/02/2022 21:45

(Adds Zendesk, Allied Universal)
    Feb 14 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2145 GMT on Monday:
    
    ** Proxy advisory firms Institutional Shareholder Services
and Glass, Lewis & Co told investors in Zendesk  ZEN.N  to vote
against a planned takeover of Momentive Global  MNTV.O , the
parent of web-based survey portal SurveyMonkey, arguing the deal
is too risky.
     urn:newsml:reuters.com:*:nL1N2UM13V
    
    ** Blank-check companies backed by buyout firm Warburg
Pincus and billionaire real estate investor Barry Sternlicht are
in talks to take security services firm Allied Universal public
in a $20 billion deal, according to a source familiar with the
matter. 
     urn:newsml:reuters.com:*:nL4N2UP3PO
    
    ** Semiconductor designer Advanced Micro Devices Inc  AMD.O 
said it has finalized the purchase of Xilinx Inc  XLNX.O  in a
record chip industry deal valued at about $50 billion.
 urn:newsml:reuters.com:*:nL1N2UP0XZ 
    
    ** Cornerstone Building Brands Inc  CNR.N  said that private
equity group Clayton, Dubilier & Rice had proposed to acquire
the rest of the building products maker for $24.65 per share in
cash.  urn:newsml:reuters.com:*:nL4N2UP338

    ** U.S. arms maker Lockheed Martin Corp  LMT.N  called off
plans to acquire rocket engine maker Aerojet Rocketdyne Holdings
Inc  AJRD.N  for $4.4 billion amid opposition from U.S.
antitrust enforcers.  urn:newsml:reuters.com:*:nL1N2UO0J9
    
    ** Kuwait-based National Aviation Services (NAS) said a 469
million pound ($635 million) takeover proposal rejected by John
Menzies  MNZS.L  represented a "full and fair value" for the
British airport services group.  urn:newsml:reuters.com:*:nL4N2UP1Q1
    
    ** Britain fined the country's largest sportswear retailers
JD Sports  JD.L  and Footasylum a combined 4.7 million pounds
($6.4 million) for breaching an order that prevented both the
merged firms from integrating further.  urn:newsml:reuters.com:*:nL4N2UP1UB
    
    ** Spain's BBVA  BBVA.MC  said it agreed to buy an
additional 21.7% stake in Neon Payments for around $300 million
after taking part in a share capital increase.  urn:newsml:reuters.com:*:nuL8N2UP1HX
    
    ** A $27-billion deal between France's Total and Iraq, that
Baghdad hoped would reverse the exit of oil majors from the
country, has stalled amid disputes over terms and risks being
scrapped by the country's new government.  urn:newsml:reuters.com:*:nL8N2UL7GN
    
    ** Crown Resorts Ltd  CWN.AX  backed a $6.3 billion buyout
from private equity giant Blackstone Inc  BX.N , giving
billionaire James Packer an exit route from the Australian
casino firm beset by scandals and regulatory setbacks.
 urn:newsml:reuters.com:*:nL1N2UO0IA
    
    ** Billionaire investor George Soros bought nearly 20
million shares of electric truck startup Rivian Automotive Inc
 RIVN.O  in the quarter ended Dec. 31, securities filings
showed.  urn:newsml:reuters.com:*:nL1N2UM2QQ

 (Compiled by Yuvraj Malik and Rajarshi Roy in Bengaluru)
 ((yuvraj.malik@thomsonreuters.com;))