Deals of the day-Mergers and acquisitions

PGT Innovations

17/01/2024 14:44

(Adds: Berkshire Hathaway, Masonite International  Updates:
Spirit Airlines)
       Jan 17 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT, on
Wednesday:

        ** Warren Buffett's Berkshire Hathaway  BRKa.N  has
bought the 20% stake of the Pilot truck stop business that it
did not already own from the Haslam family, after resolving a
lawsuit over how much it should pay.
  
        (
    Full Story
    )
  
    
        **  U.S. maker of vinyl and aluminum doors Masonite
International  DOOR.N  said  it would not submit a revised offer
to acquire PGT Innovations  PGTI.N  and terminated its
previously announced deal.
  
        (
    Full Story
    )
  
    
        ** Shares of ultra-low-cost carrier Spirit Airlines
 SAVE.N  fell 15% in premarket trade , a day after a U.S. judge
blocked the airline's planned $3.8 billion merger with rival
JetBlue Airways  JBLU.O .
  
        (
    Full Story
    )
  
    
    ** Albemarle  ALB.N  is trying to sell its stake in
Australia's Liontown Resources  LTR.AX , a term sheet showed ,
three months after Australia's richest person blocked its A$6.6
billion ($4.3 billion) bid for the lithium developer.
    (Full Story)
    
    ** Spanish energy company Iberdrola  IBE.MC  agreed to sell
a 49% stake in renewable power generation projects in Spain and
Portugal to Norwegian sovereign fund for 307 million euros
($333.40 million).
    (Full Story)

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