Deals of the day-Mergers and acquisitions

Plexus

28/02/2022 20:45

(Adds WP Carey Inc, Lithium America Corp)
    Feb 28 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2045 GMT on Monday:
    
    ** Real estate investment trust WP Carey Inc  WPC.N  will
buy Corporate Property Associates 18 Global Inc in a $2.7
billion cash-and-stock deal, the companies said on Monday.
 urn:newsml:reuters.com:*:nL4N2V34SC
    
    ** Canada-based miner Lithium Americas Corp  LAC.TO  said on
Monday it was exploring a separation of its U.S. and Argentinian
operations by creating an independent public company focused on
the Thacker Pass lithium project in Nevada.  urn:newsml:reuters.com:*:nL4N2V349Y
    
    **Bank of Nova Scotia (BNS)  BNS.TO  said it has agreed to
acquire Chilean holding firm Grupo Said's 16.8% stake in
Scotiabank Chile in a stock and cash deal valued at
approximately C$1.3 billion, or $1.02 billion, increasing BNS'
ownership in Scotiabank Chile to 99.8%. urn:newsml:reuters.com:*:nL1N2V31A6
    
    **Chevron Corp  CVX.N  is buying biodiesel maker Renewable
Energy Group Inc  REGI.O  for $3.15 billion, in its biggest bet
so far on alternative fuels.  urn:newsml:reuters.com:*:nL4N2V33VO
    
    **Canada's second largest lender Toronto-Dominion Bank Group
 TD.TO  will buy First Horizon Corp  FHN.N  in an all-cash deal
for $13.4 billion to expand its footprint in the United States,
the banks said . urn:newsml:reuters.com:*:nL4N2V33TN
    
    **Healthcare Realty Trust Inc  HR.N  will buy Healthcare
Trust of America Inc  HTA.N  for $7.75 billion, bringing
together two of the largest owners of medical office buildings
in the United States. urn:newsml:reuters.com:*:nL4N2V33V0

    ** Shares of Indian drugmaker Biocon Ltd  BION.NS  fell
about 12% after the company said its unit Biocon Biologics would
buy U.S.-based Viatris Inc's  VTRS.O  biosimilars business in a
transaction valued at $3.34 billion. urn:newsml:reuters.com:*:nL4N2V31AL
    
    ** Irish building materials firm CRH Plc  CRH.L  agreed to
sell its U.S.-based unit that manufactures glass products to
private equity firm KPS Capital Partners for $3.8 billion, the
world's second-largest building materials supplier
said. urn:newsml:reuters.com:*:nL4N2V332B
    
    ** Poste Italiane  PST.MI  said it had agreed to acquire LIS
Holding from International Game Technology Plc  IGT.N  for a
total consideration of 700 million euros ($781.20 million) to
boost its exposure to the fast growing payments market.
 urn:newsml:reuters.com:*:nL8N2V316L
    
    ** Brookfield Business Partners  BBU_u.TO  and its partners
have agreed to buy a 60% stake in Magnati, the payments business
of First Abu Dhabi Bank  FAB.AD , valuing the business up to
$1.15 billion. urn:newsml:reuters.com:*:nL1N2V30CJ
    
    ** Australian buy-now-pay-later firm Zip Co Ltd  Z1P.AX 
plans to buy U.S. rival Sezzle Inc  SZL.AX  for A$491 million
($352.59 million), building its footprint in the largest retail
market as sluggish trade elsewhere earned it a half-year loss.
     urn:newsml:reuters.com:*:nL1N2V2103

 (Compiled by Mehnaz Yasmin, Rajarshi Roy and Nathan Gomes in
Bengaluru)
 ((Mehnaz.Yasmin@thomsonreuters.com))