Deals of the day-Mergers and acquisitions

SilverBow Resources

10/04/2024 14:51

(Adds Macy's, Galeria Karstadt Kaufhof, Enauta, SilverBow)
       April 10 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on
Wednesday:

    ** Macy's  M.N  said it has appointed two independent
directors to its board, ending a proxy contest with activist
investor Arkhouse Management.  urn:newsml:reuters.com:*:nL3N3GJ2U9
    
        ** Germany's Galeria Karstadt Kaufhof is to be taken
over by a consortium of U.S. investor Richard Baker and German
businessman Bernd Beetz, the retailer said.  urn:newsml:reuters.com:*:nL5N3GJ2RJ
  
        
  
        ** Brazilian energy companies Enauta  ENAT3.SA  and 3R
Petroleum  RRRP3.SA  have signed a memorandum of understanding
to go ahead with a proposed merger, a securities filing showed.
 urn:newsml:reuters.com:*:nL2N3GJ0KX
  
        
  
        ** U.S. oil and gas producer SilverBow Resources
 SBOW.N  said in a filing, it has requested additional
information on Kimmeridge Energy Management's assets amid
ongoing takeover talks.  urn:newsml:reuters.com:*:nL3N3GJ2AQ
  
    
    ** Spanish drug maker Grifols  GRLS.MC . plans to meet its
debt payments in 2025 with the proceeds of new senior secured
notes and the sale of its 20% stake in Shanghai RAAS  002252.SZ 
to Haier Group, it said.   urn:newsml:reuters.com:*:nL5N3GJ16Z
    
    ** Italy's Italgas  IG.MI , Europe's biggest gas
distributor, has made a preliminary offer worth 4-5 billion
euros ($4.3-5.4 billion) for its main domestic rival 2i Rete
Gas, Corriere della Sera daily reported.  urn:newsml:reuters.com:*:nL5N3GJ0WY
    
    ** U.S. rare-earths producer MP Materials  MP.N  said
Australian billionaire Gina Rinehart's mining firm had taken a
5.3% stake in the company, expanding her investments in the
mineral ore sector.  urn:newsml:reuters.com:*:nL3N3GI42Z  

 (Compiled by Rajarshi Roy and Anuja Bharat Mistry in Bengaluru)
 ((AnujaBharat.Mistry@thomsonreuters.com))