Deals of the day-Mergers and acquisitions

Playtika Holding

28/06/2022 16:00

(Adds Meggitt, Abengoa, Spirit Airlines and Playtika Holding
Corp)
    June 28 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Tuesday:
    
    ** Britain on Tuesday launched two separate consultations to
the proposed acquisition of aerospace company Meggitt  MGGT.L 
by U.S.-based Parker-Hannifin  PH.N  on national security and
competition concerns.  urn:newsml:reuters.com:*:nFWN2YF14E
    
    ** The Spanish government has rejected state aid for
Abenewco1, a unit of Spanish engineering and energy group
Abengoa  ABG.MC , moving it closer to bankruptcy proceedings.
 urn:newsml:reuters.com:*:nL8N2YF3JL
    
    ** Spirit Airlines Inc  SAVE.N  again cited antitrust
concerns to reject JetBlue Airways Corp's  JBLU.O  sweetened
offer and asked its shareholders to vote for a merger with
Frontier Group Holdings Inc  ULCC.O  at a meeting on Thursday.
 urn:newsml:reuters.com:*:nL4N2YF2TJ
    
    ** Private equity firm Joffre Capital will acquire a
minority stake in Israeli gaming firm Playtika Holding Corp
 PLTK.O  for over $2 billion from Chinese investment group Giant
Investment Co. Ltd, according to a regulatory filing on Tuesday.
 urn:newsml:reuters.com:*:nL4N2YF2X1

    ** Swiss duty-free retailer Dufry  DUFN.S  is in talks to
tie-up with Italian airport and motorway caterer Autogrill
 AGL.MI  in a deal that would create a travel chain with about
6.3 billion euros ($6.7 billion) in annual revenues.
 urn:newsml:reuters.com:*:nL8N2YF3DI
    
    ** Walgreens Boots Alliance  WBA.O  scrapped its plan to
sell its UK high street pharmacy chain, Boots, saying no third
party was able to make an adequate offer due to the turmoil in
the global financial markets.  urn:newsml:reuters.com:*:nL4N2YF2AM
    
    ** Shares of India's Zomato Ltd  ZOMT.NS  fell as much as
8.2%, extending losses for a second straight day as investors
questioned the rationale of the company's deal to buy local
grocery delivery startup Blinkit.  urn:newsml:reuters.com:*:nL4N2YF134
    
    ** Finnish forest machine maker Ponsse  PON1V.HE  said it
had sold its subsidiary providing services in Russia and Belarus
for an undisclosed sum to OOO Bison, a Russian company set up
only a month ago by the owner of its local retailer.
 urn:newsml:reuters.com:*:nL8N2YF1BW
    
    ** The Irish government has raised 305 million euros ($323
million) through the sale of a 5% stake in Allied Irish Banks
(AIB)  AIBG.I  in an accelerated book build that cut its
majority shareholding to 63.5%, the finance ministry
said. urn:newsml:reuters.com:*:nL1N2YF0BV
    
    **    British renewable power generator and network operator
SSE Plc  SSE.L  said that SSE Thermal and Norwegian oil and gas
company Equinor  EQNR.OL  would buy power generating company
Triton Power for 341 million pounds ($418.65
million). urn:newsml:reuters.com:*:nL4N2YF0Z7
    
    ** Ericsson  ERICb.ST  said  the closing of its $6.2 billion
Vonage acquisition was delayed to the end of July, from the
first half of the year, due to a pending investigation by a U.S.
national security panel.  urn:newsml:reuters.com:*:nL8N2YF0N8
    
    **    Tassal Group  TGR.AX  rejected a sweetened takeover
offer from Canadian aquaculture company Cooke Inc that valued
the Australian seafood supplier at A$1.04 billion ($719.89
million), sending its shares sharply higher.  urn:newsml:reuters.com:*:nL4N2YE364
    
    ** Brazilian renewable energy company Omega Energia
 MEGA3.SA  said that British private equity firm Actis LLP will
acquire 10% of its capital stock for around 770 million reais
($147 million).  urn:newsml:reuters.com:*:nL1N2YE2JZ
    
    ** Sam Bankman-Fried's FTX crypto exchange said it is not in
talks to acquire Robinhood Markets Inc  HOOD.O , after a report
claimed the exchange was exploring such a deal.  urn:newsml:reuters.com:*:nL4N2YE2UJ
    
    ** Frontier Group Holdings  ULCC.O  Chief Executive Barry
Biffle said the company's revised offer for Spirit Airlines Inc
 SAVE.N  will be enough to secure a merger deal with the
ultra-low-cost carrier.  urn:newsml:reuters.com:*:nL1N2YE2IE

 (Compiled by Rajarshi Roy, Rithika Krishna and Ananya Mariam
Rajesh in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))