Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds: CSN, Blackstone, SpaceX and Telecom Italia Updates: Salesforce
Oct 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2020 GMT on Tuesday:
** A consortium led by Italy's Treasury remains committed to buying Telecom Italia TLIT.MI's submarine cable unit, the telecoms group said after a deadline to close the deal passed pending a required approval from US regulators. nL6N46611I
** SpaceX SPCX.O shareholders want to know when the rocket maker will merge with Tesla TSLA.O, bringing together two of Elon Musk's biggest companies in a union that investors have long speculated about. nL6N46612X
** Blackstone Inc BX.N and Warburg Pincus are exploring a sale of IntraFi that could value the financial technology company at more than $10 billion, according to people familiar with the matter. nL6N4651A1
** Brazilian steelmaker CSN CSNA3.SA continues to conduct a competitive process for the sale of its cement business, the company said in a securities filing. nS0N45E022
** Salesforce CRM.N is buying Braze BRZE.O in a deal valued at about $5.66 billion, bolstering its AI push with tools that let brands send personalized messages and respond to customer behavior in real time. nL6N4660T8
** Prudential Financial PRU.N said it would sell its Brazil and Mexico units to French insurance group CNP Assurances Group for $4.03 billion in cash as part of its ongoing push to simplify its business. nL4N4660PB
** Gulf Keystone Petroleum GKP.L said it would merge with Norway's ShaMaran Petroleum SNMS.OL in a $601 million all-share 50-50 deal, creating one of the largest producers in Iraq's oil-rich Kurdistan region. nL4N4660C2
** Italy's second-largest bank, UniCredit CRDI.MI, said it was bringing its domestic securities services unit back in-house, two decades after outsourcing the business to Societe Generale SOGN.PA. nL8N4660A4
** Italian engineering group Maire MTCM.MI said its Nextchem unit had signed binding agreements to buy Swedish MEAB AB and German MEAB GmbH for a maximum amount of €8 million ($9 million). nFWN4651G4
** Singapore's Keppel KPLM.SI said it would sell a 51% stake in K-Commercial, the entity that owns the Keppel South Central office building, to Keppel REIT KASA.SI for about S$611 million ($477.42 million). nL4N4651QE
** Tradeweb Markets TW.O said on Monday it will buy bond-trading platform Trumid for about $1.97 billion, as it seeks to expand its presence in US corporate bond markets. nL4N4651KL
(Compiled by Rajarshi Roy, Miraanta Lowrance and Varun Sahay in Bengaluru)
Recent news on ShaMaran Petroleum
See all newsGulf Keystone estimates Hamrin oilfield in Iraq has up to 1 billion barrels of recoverable oil (updated)
Gulf Keystone estimates Hamrin oilfield in Iraq to have 0.5-1 bln barrels of recoverable oil
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions