Deals of the day-Mergers and acquisitions

Sculptor Capital Management

06/10/2023 10:42

Oct 6 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Friday:

    ** Australian billionaire Gina Rinehart is a step closer to
being able to block Albemarle's $4.3 billion proposed takeover
of Liontown Resources after increasing her stake again in the
lithium miner.
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    ** Exxon Mobil  XOM.N  is in advanced talks to acquire
Pioneer Natural Resources  PXD.N  in a deal that could value the
Permian shale basin producer at about $60 billion, people
familiar with the matter said on Thursday.
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    ** Australian gold miner Newcrest Mining  NCM.AX  said 
Newmont Corporation  NEM.N , its suitor for a proposed A$26.2
billion ($16.68 billion) buyout, had received all government
regulatory approvals required for the deal to go through.
     urn:newsml:reuters.com:*:nL4N3BC024
    
    ** Real estate investment firm Rithm Capital  RITM.N  is
sticking by its original offer to buy Sculptor Capital
Management  SCU.N  agreed in July, even as the hedge fund's
special committee evaluates a sweetened bid from a consortium
headed by investor Boaz Weinstein, according to a regulatory
filing made on Thursday.
     urn:newsml:reuters.com:*:nL1N3BB3DL
    
    ** Shareholders of global grains merchant and oilseeds
processor Bunge  BG.N  approved the company's acquisition of
Glencore-backed  GLEN.L  Viterra during a shareholder meeting on
Thursday, Bunge said in a statement.
     urn:newsml:reuters.com:*:nL1N3BB37Y

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