Deals of the day-Mergers and acquisitions
08/08/2024 10:39
Aug 8 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Thursday:
** Swedish financial investor EQT EQTAB.ST said on
Wednesday it will acquire a majority stake in Swiss
cybersecurity and data protection company Acronis. urn:newsml:reuters.com:*:nL1N3JU0FD
** U.S. private equity firm KKR & Co KKR.N will launch a
tender offer for Japan's Fuji Soft 9749.T , the companies said,
in a 558.4 billion yen ($3.8 billion) deal to take the software
developer private. urn:newsml:reuters.com:*:nL4N3JV0VK
** Savannah Energy SAVES.L said on Wednesday it has
terminated the planned $1.25 billion purchase of Malaysia's
state energy firm Petronas' oil and gas business in South Sudan,
as the parties could not close the deal on the originally
envisaged terms. urn:newsml:reuters.com:*:nL4N3JU2AE
** UK's competition regulator said its phase 1 review into
homebuilder Barratt's BDEV.L 2.52 billion pound ($3.21
billion) all-stock deal to buy smaller rival Redrow RDW.L had
raised concerns in the local area around a Barratt development.
urn:newsml:reuters.com:*:nL4N3JV0NP
** Australia's Pacific Smiles PSQ.AX said its shareholders
have voted against National Dental Care's (NDC) A$327.1 million
($214.5 million) takeover offer. urn:newsml:reuters.com:*:nL4N3JV0FU
** Walt Disney DIS.N said on Wednesday it may have to pay
up to $5 billion more to buy Comcast's CMCSA.O minority stake
in Hulu, if an appraiser were to agree with Comcast's assessment
that the stake should be valued at more than $40 billion.
urn:newsml:reuters.com:*:nL4N3JU2DM
** Equity Residential EQR.N has agreed to acquire 11
apartment properties located in its expansion markets such as
Atlanta and Denver from Blackstone BX.N for about $964
million, the companies said on Wednesday. urn:newsml:reuters.com:*:nL4N3JU1YG
(Compiled by Rajarshi Roy and Priyanka.G in Bengaluru)
((Rajarshi.Roy@thomsonreuters.com;))