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NESN - Nestle SA News Story

CHF121.2 1.0  0.9%

Last Trade - 20/01/22

Consumer Defensives
Large Cap
Market Cap £269.91bn
Enterprise Value £301.69bn
Revenue £68.78bn
Position in Universe 1st / 1058

Deals of the day-Mergers and acquisitions

Wed 8th December, 2021 10:48am
Dec 8 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1030 GMT on Wednesday:

    ** Clinigen  CLINC.L  agreed to be bought by UK-based Triton
Investment Management in a deal that values the pharmaceutical
services group at about 1.2 billion pounds ($1.6 billion),
making it the latest British company to go private.*:nL4N2ST1W1
    ** British energy supplier Centrica  CNA.L  and its partner,
German utility Stadtwerke Munchen, have agreed to sell their oil
and gas assets off Norway for a total of $1.1 billion, Centrica
said .*:nL1N2ST0DK
    ** Sweden's Securitas  SECUb.ST  said  it had agreed to buy
U.S. rival Stanley Black & Decker's  SWK.N  electronic security
solutions business for $3.2 billion in its biggest acquisition
to date.*:nL8N2ST19J
    ** Australia's second-largest independent gas producer
Santos Ltd  STO.AX  said it has agreed to sell a 12.5% stake in
its Barossa project to a local unit of Japan's biggest power
generator JERA.*:nL1N2ST09P
    ** Australia's Nickel Mines Ltd  NIC.AX  said it would
acquire a 70% stake in the Oracle Nickel project in Indonesia in
a $525 million deal, as it sets its eyes on becoming a global
top-10 producer of the commodity.*:nL4N2SS44E
    ** Nestle SA  NESN.S  said on Tuesday it would cut its stake
in L'Oreal  OREP.PA  to about 20% by selling shares worth 8.9
billion euros ($10 billion) back to the French cosmetics brand,
moving to reduce the weight of the beauty giant on its books for
the first time in 7 years.*:nL4N2SS3X8

 (Compiled by Rajarshi Roy and Oishee Majumdar in Bengaluru)
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