Deals of the day-Mergers and acquisitions

NCR Voyix

05/07/2024 21:06

(Adds Liberty Global, Crest Nicholson, NCR Voyix and Baxter
International)
       July 5 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Friday:
    
    ** Private equity firm Carlyle Group is in exclusive talks
to acquire Baxter International's  BAX.N  kidney care spinoff
Vantive for more than $4 billion, including debt, a person
familiar with the matter told Reuters.  urn:newsml:reuters.com:*:nL4N3IX12J
        
  
    ** Payments processor NCR Voyix  VYX.N  is exploring the
sale of its digital banking business which it hopes will fetch
as much as $3 billion, people familiar with the matter said.
 urn:newsml:reuters.com:*:nL1N3IX0IY
        
  
        ** British homebuilder Crest Nicholson  CRST.L  said it
had received a merger proposal from Elliott-backed Avant Homes
but added it wouldn't enter talks while it is in an offer period
following Bellway's takeover bid last month.  urn:newsml:reuters.com:*:nL4N3IX0T7
  
        
  
        ** Liberty Global  LBTYA.O  has explored selling a stake
in its Swiss telecoms operator Sunrise ahead of a planned
spin-off later this year, three people familiar with the matter
told Reuters.  urn:newsml:reuters.com:*:nL8N3IV0QL
  
        
  
    ** Thyssenkrupp  TKGA.DE , Salzgitter  SZGG.DE  and France's
Vallourec  VLLP.PA  are reviewing a sale of their steel joint
venture HKM after they were approached by a potential buyer,
Germany's largest steelmaker said.
     urn:newsml:reuters.com:*:nL8N3IX0WF
    
    ** BBVA  BBVA.MC  won shareholder support for a capital
increase to fund its 12 billion euro ($13 billion) hostile bid
for smaller rival Sabadell  SABE.MC , as Spain's second-biggest
bank attempts to strengthen its position at home.
     urn:newsml:reuters.com:*:nL8N3IX0EL
    
    ** Italy's Dompe Farmaceutici is not interested in rival
drugmaker Recordati  RECI.MI , the biopharmaceutical group's
chief executive and chairman said.
     urn:newsml:reuters.com:*:nR1N3HD00A
    
    ** Crest Nicholson  CRST.L  has in the past 10 days rejected
an all-share takeover bid from Elliott Advisors-owned Avant
Homes, Sky News reported, citing City sources.
     urn:newsml:reuters.com:*:nL4N3IX0MF
        
    ** The Canadian government has approved Glencore's  GLEN.L 
$6.93 billion acquisition of miner Teck Resources'  TECKb.TO 
steelmaking coal unit with strict conditions to preserve jobs,
the country's industry minister said on Thursday.
     urn:newsml:reuters.com:*:nL4N3IX07Q
    
    ** Saks Fifth Avenue parent HBC will acquire
department-store chain Neiman Marcus in a $2.65-billion deal,
the companies said on Thursday, giving them stronger negotiating
power with vendors and greater ability to control costs.
     urn:newsml:reuters.com:*:nL1N3IW0JG
    
    ** Private equity firm EQT and investor Klaus-Michael Kuehne
struck a deal to jointly acquire a 35% stake in bus and train
services company Flix to fund its expansion, EQT said in a
statement on Thursday.
     urn:newsml:reuters.com:*:nL8N3IW0PQ
    
    ** Abu Dhabi National Oil Company (ADNOC) is in the
preliminary stages of exploring a possible bid for Australian
gas supplier Santos  STO.AX , two people with knowledge of the
plans said, speaking on condition of anonymity.
     urn:newsml:reuters.com:*:nL8N3IW0PF
    
    ** Barclays  BARC.L  is selling its German consumer finance
business to Austrian bank BAWAG Group AG  BAWG.VI  for a small
premium to net assets, it said on Thursday, as the British
lender aims to simplify its business.
     urn:newsml:reuters.com:*:nL4N3IW0CK
    
    ** HSBC  HSBA.L  is attracting initial interest from peers
including BNP Paribas SA  BNPP.PA  and UBS Group AG  UBSG.S ,
for the sale of its German wealth management unit, Bloomberg
News reported on Thursday, citing people familiar with the
matter.
     urn:newsml:reuters.com:*:nL1N3IW0I7

 (Compiled by Rajarshi Roy, Sneha S K and Priyanka.G in
Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))