Deals of the day-Mergers and acquisitions

Ryan Specialty Holdings

02/08/2024 10:40

Aug 2 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Friday:

    ** Carlsberg  CARLb.CO  has agreed to take full control of
its business in India and Nepal, the Danish brewer said.
     urn:newsml:reuters.com:*:nL8N3JP0T0
    
    ** Switzerland's Sika AG  SIKA.S  said it had acquired
chemicals construction company Vinaldom in the Dominican
Republic, boosting the firm's presence in the Caribbean.
     urn:newsml:reuters.com:*:nL8N3JP0DO

    ** New Zealand's Warehouse Group  WHS.NZ  said that it has
called off talks with private equity firm Adamantem Capital for
an up to NZ$587.1 million ($349.1 million) takeover after its
key shareholder declined to back the offer.
     urn:newsml:reuters.com:*:nL4N3JP0EE
    
    ** Global energy trader Vitol has agreed to acquire Hong
Kong-based Noble Resources Trading Ltd, the company said in a
statement, in a deal intended to expand its coal trading
business.
     urn:newsml:reuters.com:*:nL1N3JO16J
    
    ** Ayala Corp  AC.PS , one of the Philippines' largest
conglomerates, said it had acquired an additional 8% stake in
Globe Fintech Innovations, popularly known as Mynt, for 22.9
billion pesos ($393.07 million).
     urn:newsml:reuters.com:*:nL4N3JO32H
    
    ** Insurer Ryan Specialty  RYAN.N  said it has agreed to buy
specialized builder's risk insurance firm US Assure Insurance
Services of Florida.
     urn:newsml:reuters.com:*:nL4N3JO2WN
    
    ** Occidental Petroleum  OXY.N  said that Colombia's
Ecopetrol  ECO.CN  will not buy a stake in shale oil producer
CrownRock after the U.S. company said last month they were in
talks for a potential stake sale.
     urn:newsml:reuters.com:*:nL4N3JO180
    
    ** BNP Paribas  BNPP.PA  is in exclusive talks with French
insurer AXA  AXAF.PA  to buy 100% of its AXA Investment Managers
arm at an agreed price of 5.1 billion euros ($5.50 billion), the
euro zone's biggest bank said.
     urn:newsml:reuters.com:*:nL8N3JO2YA
    
    ** British Airways owner IAG terminated its proposed
takeover of Spain's Air Europa, citing regulatory environment
concerns, less than two months after it offered remedies to
antitrust regulators to secure approval for the deal.
     urn:newsml:reuters.com:*:nL4N3JO24V

    ** The European Commission said that it had cleared the $34
billion merger deal between Bunge  BG.N  and the Glencore-backed
company Viterra.
     urn:newsml:reuters.com:*:nP6N3IZ007

 (Compiled by Rajarshi Roy and Harshita Mary Varghese in
Bengaluru)
 ((Harshitamary.varghese@thomsonreuters.com))