Deals of the day-Mergers and acquisitions
19/07/2023 10:43
July 19 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:
** InPost INPST.AS has agreed to buy a minority stake in
British logistics firm Menzies Distribution to "scale at speed"
in the region and meet consumers' growing demand, it said.
urn:newsml:reuters.com:*:nL1N3950E3
** Finland's Nordea NDAFI.HE has agreed to buy the
Norwegian personal customer and private banking business of
Danske Bank DANSKE.CO , it said. urn:newsml:reuters.com:*:nL8N3950VE
** Britain's National Grid NG.L said it would sell a
further 20% stake in its UK gas transmission and metering
business to the existing majority owners, an investor-consortium
led by Australia's Macquarie Asset Management. urn:newsml:reuters.com:*:nL4N3951BP
** Japan's auto parts manufacturer Niterra Co 5334.T said
it will put 50 billion yen ($359 million) into a buyout group
led by Japan Industrial Partners (JIP) that is launching a
tender offer for Toshiba Corp 6502.T . urn:newsml:reuters.com:*:nL1N3950CS
** Brazilian retailer GPA PCAR3.SA announced it received a
new offer from Colombian billionaire Jaime Gilinsky to buy part
of GPA's stake in its Colombian subsidiary Almacenes Exito
IMI.CN , GPA said in a statement on Tuesday. urn:newsml:reuters.com:*:nL1N3942V8
(Compiled by Rajarshi Roy and Pratik Jain in Bengaluru)
((Rajarshi.Roy@thomsonreuters.com;))