Deals of the day-Mergers and acquisitions
29/11/2024 10:37
Nov 29 (Reuters) - The following bids, mergers,
acquisitions, and disposals were reported by 1030 GMT on Friday:
** Automotive components supplier TI Fluid TIFS.L has
agreed to a 1.04 billion pound ($1.32 billion) takeover by
Canada's ABC Technologies, expanding the combined group's reach
across the Americas, Europe, and Asia, the British company
said. urn:newsml:reuters.com:*:nL3N3N00HV
** Heidelberg Materials HEIG.DE said on Thursday it had
struck a deal to buy Giant Cement Holding and its subsidiaries
for $600 million, the latest acquisition by the German cement
maker to expand its foothold in the U.S. urn:newsml:reuters.com:*:nL5N3MZ0AJ
** Reliance Industries RELI.NS U.S. unit has bought a 21%
stake in U.S.-based helium production company Wavetech Helium
for $12 million, the conglomerate said on Thursday, in a move
aimed at expanding its low-carbon energy segment. urn:newsml:reuters.com:*:nL3N3MZ0R0
** Macquarie MQG.AX has proposed buying waste management
company Renewi RWI.L for 700.9 million pounds ($886.8
million), the companies said on Thursday, more than a year after
the asset manager's first attempt to take over the British
firm. urn:newsml:reuters.com:*:nL3N3MZ0PM
** U.S.-based investment group Fortress Investment Group
will buy British cafe-bar and restaurant chain Loungers LGRS.L
at an enterprise value of about 350.5 million pounds ($443.6
million), the two firms said on Thursday. urn:newsml:reuters.com:*:nL3N3MZ0GO
(Compiled by Rajarshi Roy and Kamal Choudhury in Bengaluru)
((Rajarshi.Roy@thomsonreuters.com;))