Deals of the day-Mergers and acquisitions

Revance Therapeutics

12/08/2024 14:38

(Adds: Revance Therapeutics, Scotiabank, Tourmaline Oil,
Synopsys, International Distributions Services   Updates: Bharti
Enterprises)
       Aug 12 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on Monday:

        ** Anti-wrinkle injection maker Revance Therapeutics
 RVNC.O  has agreed to bought by privately held Crown
Laboratories in a deal valued at $924 million, including debt,
they said, seeking a bigger presence in the aesthetic products
market.
  
         urn:newsml:reuters.com:*:nL4N3JZ0NK
  
        
  
        ** Scotiabank  BNS.TO  is buying a 14.9% stake in
American regional lender KeyCorp  KEY.N  for $2.8 billion, as
the Canadian bank taps into the stressed U.S. banking sector for
growth outside its saturated home market.
  
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        ** India's Bharti Enterprises said it would acquire a
24.5% stake in BT  BT.L , worth 3.2 billion pounds ($4 billion),
to buy out the British company's top investor Patrick Drahi as
his Altice group speeds up asset sales to cut its debt burden.
  
         urn:newsml:reuters.com:*:nL4N3JZ0AD
  
        
  
        ** Canada's Tourmaline Oil  TOU.TO  said it will acquire
Crew Energy  CR.TO  in a C$1.3 billion ($947.52 million)
all-stock deal, which includes debt, to boost its presence in
the Montney shale play in Alberta.
  
         urn:newsml:reuters.com:*:nL4N3JZ0KR
  

        ** UK's competition watchdog said it was looking into
whether chip design software maker Synopsys'  SNPS.O  $35
billion acquisition of Ansys  ANSS.O  would affect competition
in Britain.
  
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        ** International Distributions Services  IDSI.L , the
parent company of Royal Mail, announced that its parcel services
business, GLS, will sell its U.S. freight divisions to
California-based DC Logistics.
  
         urn:newsml:reuters.com:*:nL4N3JZ0HF
  
    
    ** Gold Fields Ltd  GFIJ.J  has agreed to acquire Osisko
Mining  OSK.TO  for C$2.16 billion ($1.57 billion), it said,
barely two years after an attempt to buy another Canadian miner
was scuppered by a rival offer.
     urn:newsml:reuters.com:*:nL4N3JZ08R

    ** New Zealand construction firm Fletcher Building  FBU.NZ 
said it would sell its Australian plumbing supplies and
distribution business Tradelink for A$170 million ($112 million)
to Australia-based Metal Manufactures Pty.
     urn:newsml:reuters.com:*:nL1N3JY05S

 (Compiled by Rajarshi Roy and Pritam Biswas in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))