Picture of Prosiebensat 1 Media SE logo

PSM Prosiebensat 1 Media SE News Story

0.000.00%
de flag iconLast trade - 00:00
Consumer CyclicalsAdventurousMid CapValue Trap

Deals of the day-Mergers and acquisitions

Adds ProSiebenSat.1, Forge Nano, Kpler and Deutsche Telekom

April 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Tuesday:

** German broadcaster ProSiebenSat.1 PSMGn.DE said it had sold its North American business focused on content creators and podcasts, operated under the brand Studio71 US, to U.S. digital content firm Fixated.

nS8N3VN0FO

** Forge Nano, a U.S.-based semiconductor equipment and advanced materials company, plans to go public through a $1.6 billion blank-check deal with Archimedes Tech SPAC Partners II ATII.O, the companies announced.

nL4N4141G8

** Commodities data and analytics firm Kpler has launched a sale process for a large minority stake that could value the company at nearly $5 billion, according to two people with knowledge of the matter.

nL6N4100KG

** Deutsche Telekom is considering a full combination with T-Mobile US TMUS.O that could result in the largest public M&A deal on record, Bloomberg News reported, citing people familiar with the matter.

nL4N4141Z9

** Associated British Foods  plans to spin off Primark from its food businesses, telling investors that the fashion retailer will be better positioned to grow on its own.

nL8N41408A

** French utility Engie ENGIE.PA is in talks with the Trump administration about a possible refund for its U.S. offshore wind project leases amid the president's opposition to the technology, CEO Catherine MacGregor said.

nL1N4140G2

** Turkish home appliance maker Arcelik  has agreed to sell its 60% stake in Arcelik Hitachi Home Appliances to Hitachi Global Life Solutions under a share purchase agreement, the company said on Tuesday.

nL1N4140B4

** Elon Musk increased his stake in SpaceX last year by purchasing $1.4 billion worth of stock from current and former employees, The Information reported.

nL4N4140J8

** Spanish gas grid operator Enagas  said it had reached an agreement with Singapore sovereign wealth fund GIC to buy its 31.5% stake in French gas grid operator Terega for 573 million euros ($674.65 million).

nL8N414060

** Swedish investment group EQT EQTAB.ST and Canadian pension fund Omers have offered to increase their investment in broadband provider Deutsche Glasfaser to nearly 5 billion euros ($5.89 billion), the Financial Times reported.

nL4N41409F

 (Compiled by Rajarshi Roy, Dharna Bafna and Pragyan Kalita in Bengaluru)

 ((Pragyan.Kalita@thomsonreuters.com))

Recent news on Prosiebensat 1 Media SE

See all news