Deals of the day-Mergers and acquisitions

Sesa SpA

07/09/2021 11:27

Sept 7 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1025 GMT on Tuesday:

    ** Deutsche Telekom  DTEGn.DE  has struck a $7 billion
share-swap deal with SoftBank Group  9984.T  to increase its
stake in U.S. unit T-Mobile  TMUS.O  and sold its Dutch unit in
a major shake-up that strengthens the German group's
transatlantic focus.  urn:newsml:reuters.com:*:nL8N2Q90LJ
    
    ** Swedish telecoms operator Tele2  TEL2b.ST  said it and
Deutsche Telekom had agreed to sell jointly-owned T-Mobile
Netherlands to private equity groups Apax Partners and Warburg
Pincus for an enterprise value of 5.1 billion euros ($6.05
billion).  urn:newsml:reuters.com:*:nL8N2Q90JF
    
    ** The Public Investment Fund, Saudi Arabia's sovereign
fund, has made a non-binding offer to buy a 60% stake in the
towers of Kuwaiti-backed Zain KSA  7030.SE , while two other
investors offered to buy another 20% stake, valuing the towers
at $807 million, Zain said .  urn:newsml:reuters.com:*:nL4N2Q91DS
    
    ** Adecco Group  ADEN.S  is buying QAPA, France's
second-largest provider of digital workforce solutions, for an
initial consideration of 65 million euros ($77.2 million), the
Swiss staffing group said.  urn:newsml:reuters.com:*:nFWN2Q805G

 (Compiled by Rajarshi Roy and Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com;))