Deals of the day-Mergers and acquisitions

Orla Mining

18/11/2024 14:40

(Adds: Telkom, Orla Mining)
       Nov 18 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT on Monday:
    
        ** South Africa's Telkom  TKGJ.J  has suspended plans to
sell part of its fibre business, CEO Serame Taukobong said, as
the fixed broadband service helped drive the company's half-year
income.  urn:newsml:reuters.com:*:nL1N3MP07N
  
    
        ** Orla Mining  OLA.TO  will buy the Musselwhite Gold
Mine in Ontario from Newmont  NEM.N  in a deal valued at $850
million that will help more than double its production of the
precious metal, the Canadian miner said.  urn:newsml:reuters.com:*:nL4N3MP0PX
  
    
    ** Canadian fund Brookfield  BN.TO  plans to offer about 7
billion euros ($7.4 billion) for Spanish drugmaker Grifols
 GRLS.MC  after finishing due diligence, news website El
Confidencial reported , citing sources close to the matter.
 urn:newsml:reuters.com:*:nL8N3MP09R
    
    ** India's Tata Electronics has agreed to buy a majority
stake in Taiwanese contract manufacturer Pegatron's only iPhone
plant in India, forming a new joint venture that strengthens
Tata's position as an Apple supplier, two sources told Reuters.
 urn:newsml:reuters.com:*:nL1N3MP02H

 (Compiled by Rajarshi Roy and Pooja Menon in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))