Deals of the day-Mergers and acquisitions

Revance Therapeutics

12/08/2024 21:15

(Adds Janus Henderson and Porsche Automobil)
       Aug 12 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2010 GMT on Monday:
    
    ** Janus Henderson  JHG.N  is buying private credit manager
Victory Park Capital, the asset manager said, as it seeks to
expand its footprint in the private credit lending space. 
 urn:newsml:reuters.com:*:nL4N3JZ12D

        ** Porsche Automobil Holding SE  PSHG_p.DE  said it is
part of an investor group that is taking a 35% stake in Flix SE,
owner of Greyhound services in North America and FlixBus in
Europe.  urn:newsml:reuters.com:*:nL8N3JZ0YE
  
        
  
    ** 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.  urn:newsml:reuters.com:*:nL4N3JZ0I9
    
    ** 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.  urn:newsml:reuters.com:*:nL4N3JZ0LG
    
    ** 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 Aatreyee Dasgupta in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))