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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

- The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday:

** French asset manager Amundi AMUN.PA has acquired a 9.9% stake in alternative asset manager ICG for about €620 million ($711 million), completing an investment agreed under their long-term strategic partnership.

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** RWE RWEG.DE, Germany's biggest power producer, said on Wednesday it had bought an additional 3% stake in M31, which holds around three-quarters of shares in transmission system operator Amprion.

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** Chelsea confirmed on Wednesday that Clearlake Capital Group will be buying out the minority interests of co-owners Todd Boehly and Mark Walter and taking full control of the English Premier League club.

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** Clean hydrogen private equity asset manager Hy24 and Spanish public-private financial institution COFIDES have signed a strategic partnership deal with Moeve to buy a combined 29% stake in the Onuba renewable hydrogen project, the companies said on Wednesday.

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(Compiled by Rajarshi Roy and Prathik Jayaprakash in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))

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