Deals of the day-Mergers and acquisitions

New Relic

21/07/2022 11:00

July 21 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Thursday:

    ** British retailer Marks and Spencer  MKS.L  said it would
acquire its key logistics services provider Gist Ltd for 145
million pounds ($173.06 million) in an all-cash deal, as it
seeks to take control of its food supply chain.  urn:newsml:reuters.com:*:nL4N2Z21ZI
    
    ** Saudi Arabia's Kingdom Holding  4280.SE  announced  an
investment of 1.01 billion Saudi riyal ($269 million) in UK-
listed global insurance and asset management firm M&G Plc
 MNG.L . urn:newsml:reuters.com:*:nL1N2Z20BG
    
    ** Swedish media group Viaplay Group  VPLAYb.ST  reported a
69% rise in subscribers in the second quarter as it expanded to
more countries and bought football-focused TV channel Premier
Sports in Britain. urn:newsml:reuters.com:*:nL8N2Z15VJ
    
    ** Australia's Link Administration Holdings Ltd  LNK.AX 
said  it will recommend Canadian software firm Dye & Durham
Ltd's  DND.TO  revised offer of A$4.81 per share, that values
the share registry company at A$2.47 billion ($1.70
billion). urn:newsml:reuters.com:*:nL4N2Z13TG
        
    ** ConocoPhillips  COP.N  is exploring a sale of its stake
in the Ursa platform and Princess subsea well in the Gulf of
Mexico, people familiar with the matter said on Wednesday, in
what would mark its exit from deepwater energy production off
the U.S. Gulf coast. urn:newsml:reuters.com:*:nL1N2Z11WP
    
   ** New Relic Inc  NEWR.N , the U.S. business software company
targeted by activist hedge fund Jana Partners, is preparing to
explore a potential sale following interest from private equity
firms, sources familiar with the matter told
Reuters. urn:newsml:reuters.com:*:nL1N2Z12D4

 (Compiled by Rajarshi Roy and Rithika Krishna in Bengaluru;
Editing by Rashmi Aich)
 ((Rajarshi.Roy@thomsonreuters.com;))