Deals of the day-Mergers and acquisitions

Relo

08/03/2022 17:37

(Adds Cerberus, Aspen Pharmacare, Petrobras, LanzaTech NZ, IFG,
Intertape Polymer Group; updates Google)
    March 8 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1730 GMT on Tuesday:
    
    ** South African drugmaker Aspen Pharmacare  APNJ.J  on
Tuesday concluded an agreement with Johnson & Johnson  JNJ.N  to
package, sell and distribute the American group's COVID-19
vaccines under its own brand in Africa.  urn:newsml:reuters.com:*:nL2N2VB1SH
    
    ** Brazil's antitrust watchdog CADE said its general
superintendence has approved the sale of a 51% stake owned by
state-run oil firm Petrobras  PETR4.SA  in gas company Gaspetro
to Compass with no restrictions.  urn:newsml:reuters.com:*:nS0N2UY00J
            
    ** LanzaTech NZ said it plans to go public by merging with
special purpose acquisition company AMCI Acquisition Corp II
 AMCI.O , in a deal that values the carbon recycling technology
company at $2.2 billion.  urn:newsml:reuters.com:*:nL3N2VB2RA
    
    ** European buyout company EQT  EQTAB.ST  is purchasing
California-based grape vine breeder IFG through its
impact-driven fund, as part of its strategy to buy sustainable
businesses and speed up their growth.  urn:newsml:reuters.com:*:nL2N2VB104
    
    ** Canadian packaging products maker Intertape Polymer Group
Inc  ITP.TO  said it will be taken private by investment firm
Clearlake Capital Group in an all-cash deal valued at $2.6
billion.  urn:newsml:reuters.com:*:nL3N2VB2QZ
    
    ** Alphabet Inc's  GOOGL.O  Google is buying cybersecurity
firm Mandiant Inc  MNDT.O  for $5.4 billion in a deal that could
trigger a "ripple effect" as cloud rivals Microsoft and Amazon
also ramp up efforts to fortify the fast-growing business.
 urn:newsml:reuters.com:*:nL3N2VB2ML
    
    ** U.S. private equity firm Cerberus  CBS.UL  will acquire
for $300 million a debt-laden shipyard in the Philippines at a
former U.S. navy base close to the South China Sea, the
facility's trustee and two sources with knowledge of the deal
said.  urn:newsml:reuters.com:*:nL2N2VB0NK
        
    ** Office rental company IWG Plc  IWG.L  said it would merge
its digital and tech assets with flexible workspace provider The
Instant Group, as commercial property firms look to cater to
evolving trends including hybrid working.  urn:newsml:reuters.com:*:nL3N2VB1U8
    
    ** John Menzies  MNZS.L  is still in talks with a potential
Kuwaiti suitor and has given it a March-end deadline to make a
firm offer, the British airport services group said and reported
a swing to annual profit.  urn:newsml:reuters.com:*:nL3N2VB1PT
    
    ** Investment company HLD said it was in talks with L
Catterton, the private equity firm backed by LVMH  LVMH.PA  boss
and French billionaire Bernard Arnault, over buying a majority
stake in the fashion company 'ba&sh'.  urn:newsml:reuters.com:*:nFWN2VA11T
        
    ** U.S. auto retailer Group 1 Automotive Inc  GPI.N  said on
Monday it would buy the Charles Maund Toyota dealership in
Austin, Texas, as it is expected to add $435 million in annual
revenues.  urn:newsml:reuters.com:*:nL3N2VA40R

 (Compiled by Rajarshi Roy and Kannaki Deka in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))