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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

Adds: La Caisse, Expand Energy, Goldman Sachs Updates:

- The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday:

** Private equity firm Cinven and global investment group La Caisse have agreed to jointly acquire a majority stake in specialty MGA Optio from Preservation Capital Partners, the company said.

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** Expand Energy <EXE.O> said it would buy privately held natural gas marketer Twin Eagle Holdings from Five Point Infrastructure for $1.25 billion to expand its marketing business across North America.

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** The private equity arm of Goldman Sachs has agreed to acquire control of Italian medical equipment maker Numantec from White Bridge Investment, the companies said, betting on a business with steady revenues amid macroeconomic uncertainty.

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** Irish energy distributor DCC Energy <DCC.L> agreed to a £5.75 billion ($7.68 billion) sale to a consortium of U.S. private equity firms KKR <KKR.N> and Energy Capital Partners, in yet another foreign takeover of a UK-listed company this year.

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** Rio Tinto <RIO.AX> said it had agreed with the Western Australian government to sell their joint venture stakes in the Dampier Seawater Desalination Plant to Yindjibarndi WaterCo.

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** Belgian-Dutch immunology company argenx <ARGX.BR> will buy Forte Biosciences <FBRX.O> to add experimental autoimmune drug FB102 to its portfolio, the company said.

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** Australian asset manager Perpetual <PPT.AX> said it had received a higher A$2.55-billion ($1.78 billion) offer from Swedish private equity firm EQT AB <EQTAB.ST> after rejecting two earlier bids this month.

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** Britain's Serica Energy <SQZ.L> said on Sunday it had agreed to acquire fellow oil and gas producer Pharos Energy <PHARP.L> in a cash deal valued at about £145.7 million ($194.07 million).

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(Compiled by Rajarshi Roy and Pragyan Kalita in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))

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