Deals of the day-Mergers and acquisitions

Petershill Partners

04/09/2024 10:55

Sept 4 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:

    ** Blackstone  BX.N  will acquire Australian data centre
group AirTrunk for an implied enterprise value of over A$24
billion ($16.10 billion), it said, in what would be Blackstone's
largest investment in the Asia Pacific region.
     urn:newsml:reuters.com:*:nL4N3KM0OI
    
    ** British warehouse owner Segro  SGRO.L  will buy Tritax
EuroBox  EBOX.L  in a deal valuing the European logistics real
estate firm at about 1.10 billion pounds ($1.44 billion)
including debt, the companies said.
     urn:newsml:reuters.com:*:nL4N3KM0I1
    
    ** U.S. private equity firm KKR  KKR.N  plans to launch its
tender offer for Fuji Soft  9749.T  shares on Thursday, from its
original plan of around mid-September, Bloomberg reported,
citing multiple unnamed sources.
     urn:newsml:reuters.com:*:nL4N3KM0L9
    
    ** British investment group Petershill Partners  PHLL.L 
said it has sold its entire stake in investment manager LMR
Partners back to the company for $258 million.
     urn:newsml:reuters.com:*:nL4N3KM0IH
    
    ** Australia's competition watchdog said it is seeking views
from the market on French spirits maker Pernod Ricard SA's
 PERP.PA  proposed deal to sell the majority of its domestic
wine portfolio to Carlyle Group's Accolade Wines.
     urn:newsml:reuters.com:*:nL4N3KM0D5
    
    ** Dutch crop trader Louis Dreyfus said its takeover offer
for Namoi Cotton  NAM.AX  is no longer subject to conditions,
following approval from Australia's Foreign Investment Review
Board and the local competition regulator.
     urn:newsml:reuters.com:*:nL4N3KM0AV

    ** Australia's Orora  ORA.AX  said it would sell its North
American packaging business to U.S. private equity firm Clayton,
Dubilier & Rice-backed Veritiv for an enterprise value of A$1.78
billion ($1.19 billion), sending its shares soaring.
     urn:newsml:reuters.com:*:nL4N3KL1J6
    
    ** Japan's biggest steelmaker Nippon Steel  5401.T , which
is seeking to acquire U.S. Steel  X.N , said if its purchase
goes ahead core senior management as well as a majority of board
members at the U.S. company would be U.S. citizens.
     urn:newsml:reuters.com:*:nL1N3KM00C
    
    ** Enterprise cloud firm Salesforce  CRM.N  on Tuesday said
it has agreed to acquire Tenyx, which develops artificial
intelligence-powered voice agents, to advance its AI-driven
solutions.
     urn:newsml:reuters.com:*:nL4N3KL1EE

 (Compiled by Rajarshi Roy and Vallari Srivastava in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))