Deals of the day-Mergers and acquisitions

NIPPON SANSO HOLDINGS

20/12/2024 10:37

Dec 20 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on Friday:

    ** Credit Agricole  CAGR.PA  agreed to buy Santander's
 SAN.MC  30.5% stake in custody and asset servicing entity
Caceis, the banks said, in a deal that will give the French
lender full control of the business.
     urn:newsml:reuters.com:*:nL6N3NL07X
    
    ** Australian conglomerate Wesfarmers  WES.AX  said it would
sell its industrial gas supply arm, Coregas, to Japanese
multinational firm Nippon Sanso  4091.T  for A$770 million
($480.33 million).
     urn:newsml:reuters.com:*:nL4N3NK1U5
    
    ** Australia's Hotel Property Investments  HPI.AX  said,
after reassessing the takeover bid, it has recommended
shareholders to accept the offer from a consortium led by
Charter Hall Retail REIT  CQR.AX , which valued the pub owner at
A$755.8 million ($471.47 million).
     urn:newsml:reuters.com:*:nL4N3NK1U3

 (Compiled by Rajarshi Roy and Kritika Lamba in Bengaluru)
 ((Kritika.Lamba@thomsonreuters.com))