Deals of the day-Mergers and acquisitions
17/10/2024 10:53
Oct 17 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Thursday:
** Schneider Electric SCHN.PA will pay about $850 million
for a controlling stake in Motivair Corp, a specialist in liquid
cooling for high-performance computing, the French firm said,
beefing up offerings for rapidly growing data centres.
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** Spanish steel maker Sidenor sent a letter stating it was
considering a tender offer for part or all the shares of train
manufacturer Talgo TLGO.MC , the latter said late on Wednesday
in a filing to the stock market regulator.
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** N Brown Group BWNG.L said its fourth biggest
shareholder Joshua Alliance will buy the British online retailer
for about 191 million pounds ($247.9 million).
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(Compiled by Rajarshi Roy in Bengaluru)
((AnujaBharat.Mistry@thomsonreuters.com))