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6752 - Panasonic News Story

¥1210 -5.5  -0.5%

Last Trade - 4:50am

Sector
Technology
Size
Large Cap
Market Cap £18.47bn
Enterprise Value £17.68bn
Revenue £43.62bn
Position in Universe 51st / 3904

Deals of the day-Mergers and acquisitions

Mon 8th March, 2021 2:00pm
March 8 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1400 GMT on Monday:

    ** Apollo Global  APO.N  said it would buy Athene Holding
ATH.N in an all-stock deal valuing the annuities provider at
about $11 billion, making it the private equity firm's first
major deal after co-founder Leon Black stepped down as CEO.
 urn:newsml:reuters.com:*:nL4N2L62U8
    
    ** Panasonic Corp  6752.T  will buy U.S. software firm Blue
Yonder for 700 billion yen ($6.45 billion), the Nikkei reported,
saying it was the Japanese electronics firm's biggest
acquisition since 2011.  urn:newsml:reuters.com:*:nL1N2L60HN
    
    ** McAfee Corp  MCFE.O  said it would sell its enterprise
business to a consortium led by Symphony Technology Group for $4
billion in cash, sending the cybersecurity firm's shares up
nearly 3% in premarket trade.  urn:newsml:reuters.com:*:nL4N2L62UF
    
    **  DuPont  DD.N  said it would buy Laird Performance
Materials for $2.3 billion from private equity firm Advent
International, as it looks to expand its portfolio of advanced
electronic materials that is used in areas such as smart and
autonomous vehicles and fifth generation telecommunications.
 urn:newsml:reuters.com:*:nL4N2L62PM
    
    **  Quantum computing company IonQ Inc said it will go
public through a merger with a blank-check firm in a deal that
gives the combined company a pro-forma market capitalisation of
$2 billion.  urn:newsml:reuters.com:*:nL4N2L62MV
    
    ** Bill Gates-backed crowd safety technology provider Evolv
Technology will go public through a merger with a blank-check
company in a deal that values the equity of the combined company
at around $1.7 billion, the companies said.  urn:newsml:reuters.com:*:nL4N2L62TI
    
    ** Pluralsight Inc  PS.O  said private equity firm Vista
Equity Partners will buy the learning software company for
$22.50 per share in cash through a tender offer.  urn:newsml:reuters.com:*:nL4N2L633W
    
    ** The Agnelli family's investment holding company Exor
 EXOR.MI  will buy a 25% stake in luxury shoemaker Louboutin for
541 million euros ($643 million), the two companies said.
 urn:newsml:reuters.com:*:nL8N2L61A6
    
    ** Abacai Group, the insurance technology firm recently
formed by former Aviva boss Mark Wilson and Sun Capital Partners
said it had bought temporary motor insurance company Dayinsure.
 urn:newsml:reuters.com:*:nFWN2KZ0NK
    
    ** Volkswagen's  VOWG_p.DE  luxury division Porsche AG has
agreed to raise its stake in Rimac Automobili to 24%, the
companies said, in a deal that values the Croatian electric
hypercar maker at 795 million euros ($947 million).  urn:newsml:reuters.com:*:nL5N2L355Z
    
    ** South Africa's Massmart  MSMJ.J  plans to sell its food
retail outlets Cambridge Food, Rhino and fruit and vegetable
distributor Fruitspot to focus on high returning businesses.
 urn:newsml:reuters.com:*:nL8N2L60HC
    
    

 (Compiled by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com))
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