Deals of the day-Mergers and acquisitions

ReNew Energy Global

12/12/2024 14:38

(Adds: Triton Updates:)
       Dec 12 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT on
Thursday:

        ** Private equity firm Triton acquired automotive
supplier Bosch's  ROBG.UL  security and communications
technology product business, both companies said.
  
         urn:newsml:reuters.com:*:nL8N3ND159
  
    
    ** The London Stock Exchange Group  LSEG.L  has sold its
4.92% stake in Belgium-based financial services provider
Euroclear for 455 million euros ($479 million) as it sharpens
its focus on product innovation expected in 2025 by exiting
non-core assets.
     urn:newsml:reuters.com:*:nL4N3ND0IE
    
    ** South Korea will support smaller airlines and monitor
market competitiveness after dominant carrier Korean Air
 003490.KS  completed a $1.3 billion acquisition of Asiana
Airlines  020560.KS  to create one of Asia's biggest carriers.
     urn:newsml:reuters.com:*:nL1N3ND03N
    
    ** Blackstone  BX.N  said that it will acquire a high-end
office building in central Tokyo for $2.6 billion, a deal it
says is the biggest real estate investment by a foreign investor
in Japan.
     urn:newsml:reuters.com:*:nL4N3ND0JA
  
    ** Some of the biggest investors in ReNew Energy Global
 RNW.O  have offered to take the company private, filings to the
U.S. Securities And Exchange Commission (SEC) show, in a deal
that values the clean power generator at $2.82 billion,
according to Reuters calculations.
     urn:newsml:reuters.com:*:nL4N3NC111

    ** Albertsons  ACI.N  and Kroger  KR.N  terminated their $25
billion merger plan on Wednesday after courts blocked the deal,
with the former suing its rival and alleging a breach of
contract that led to the deal's demise.
     urn:newsml:reuters.com:*:nL4N3NC0ZP

 (Compiled by Rajarshi Roy and Kamal Choudhury in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))