Nestle SA logo

NESN - Nestle SA News Story

CHF121.2 1.0  0.9%

Last Trade - 20/01/22

Sector
Consumer Defensives
Size
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.  urn:newsml:reuters.com:*: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 .  urn:newsml:reuters.com:*: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.  urn:newsml:reuters.com:*: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.  urn:newsml:reuters.com:*: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.  urn:newsml:reuters.com:*: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.  urn:newsml:reuters.com:*:nL4N2SS3X8

 (Compiled by Rajarshi Roy and Oishee Majumdar in Bengaluru)
 ((oishee.majumdar@thomsonreuters.com))
© Stockopedia 2022, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.