Deals of the day-Mergers and acquisitions

Shockwave Medical

05/04/2024 20:44

(Adds: Sapiens, Macquarie, Allianz, Shell, Johnson & Johnson,
Chesapeake Energy, Yapi Kredi Bank)
       April 5 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1930 GMT on Friday:
    
    ** Sapiens International  SPNS.O , an Israel-headquartered
insurance software firm with a market value of nearly $2
billion, is exploring options that include a potential sale,
according to people familiar with the matter.  urn:newsml:reuters.com:*:nL3N3GD3BX
        
  
        ** A consortium comprising financial conglomerate
Macquarie  MQG.AX  is buying a part of Digi Communication NV's
 DIGI.BX  fiber networks in Spain for up to 750 million euros
($809.63 million), the Bucharest-based operator said.
 urn:newsml:reuters.com:*:nL3N3GE2EZ
  
        
  
        ** Allianz  ALVG.DE  agreed to sell Fireman's Fund, its
U.S. insurance unit for mid-sized corporations and entertainment
industry clients, to Arch Insurance for $1.4 billion, the German
insurer said.  urn:newsml:reuters.com:*:nS8N3E507U  urn:newsml:reuters.com:*:nL3N3GE2GU
  
        
  
        ** Shell  SHEL.L  and Saudi Aramco  2222.SE , which are
competing to buy the assets of Temasek-owned liquefied natural
gas (LNG) trading firm Pavilion Energy, are now locked in price
negotiations after completing the due diligence process, three
sources with knowledge of the matter said.  urn:newsml:reuters.com:*:nL3N3GE0J1
  

        ** Johnson & Johnson  JNJ.N  agreed to buy Shockwave
Medical  SWAV.O  in a deal valued at $13.1 billion including
debt, as it builds its cardiac-health-centric medical devices
business to help drive growth.  urn:newsml:reuters.com:*:nL3N3GE20M
  
        
  
        ** Chesapeake Energy  CHK.O  and Southwestern Energy
 SWN.N  said the closing date of their proposed $7.4 billion
merger has been pushed back to the second half of the year after
receiving a U.S. regulator's second request for information.
 urn:newsml:reuters.com:*:nL3N3GE1X6
  
        
  
        ** Shares in Turkey's Yapi Kredi Bank  YKBNK.IS  jumped
almost 6% after Bloomberg News reported that First Abu Dhabi
Bank (FAB)  FAB.AD  was studying potential purchases in Turkey,
including Yapi Kredi.  urn:newsml:reuters.com:*:nL5N3GE1QJ
  
    
    ** Holcim  HOLN.S  said it will buy Tensolite, a maker and
distributor of pre-cast concrete systems in South America, the
latest acquisition by the Swiss building materials company.
 urn:newsml:reuters.com:*:nTUC7PWSZQ
    
    ** APM Human Services International  APM.AX  said it had
received a letter of intention from its largest shareholder,
Madison Dearborn Capital Partners, to acquire all shares of the
Australian employment services firm.  urn:newsml:reuters.com:*:nL3N3GD3EL

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