Deals of the day-Mergers and acquisitions

Seagen

19/10/2023 21:03

Oct 19 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on
Thursday:
    
    ** Japan's top banks are set to commit to 1.9 trillion yen
($12.7 billion) financing to support the merger of Kioxia
Holdings and Western Digital's flash memory business, four
people familiar with the matter told Reuters  urn:newsml:reuters.com:*:nL4N3BP1VP
    
    ** CVC Capital Partners' institutional backers plan to sell
shares in the buyout group as part of its upcoming initial
public offering, two people familiar with the matter told
Reuters. The company is preparing to raise more than 1 billion
euros ($1.05 billion)  urn:newsml:reuters.com:*:nL8N3BP1S9
    
    ** Deutsche Bahn has agreed a deal to sell its international
transport business Arriva Group to Miami-based infrastructure
investor I Squared Capital, the companies said on Thursday
 urn:newsml:reuters.com:*:nL8N3BP2FB
    
    ** China's Dongfeng Motor Group  0489.HK  and Stellantis
 STLAM.MI  said on Thursday the automakers will expand their
vehicle and component export business through an asset sale to
capture the burgeoning China auto market better  urn:newsml:reuters.com:*:nL4N3BP2VC
    
    ** U.S. pharmaceutical company Pfizer  PFE.N  gained
unconditional EU antitrust approval on Thursday for its proposed
$43 billion acquisition of cancer drug maker Seagen  SGEN.O 
 urn:newsml:reuters.com:*:nL8N3BP5SW

 (Compiled by Ananta Agarwal in Bengaluru)
 ((Ananta.Agarwal@thomsonreuters.com))