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1177 Sino Biopharmaceutical News Story

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Deals of the day-Mergers and acquisitions

Adds: U.S. Bancorp, Polygon Labs Updates:

Jan 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Tuesday:

** Military-focused platform Onebrief said on Tuesday it has raised $200 million in a funding round that gave the company a post-money valuation of over $2 billion.

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** U.S. Bancorp  said it would buy Wall Street brokerage BTIG for up to $1 billion in cash and stock, snapping up a partner to bolster its capital markets presence.

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** Blockchain firm Polygon Labs said it would buy crypto payments company Coinme and crypto infrastructure provider Sequence for more than $250 million, as it looks to tap the growing demand for stablecoin-based transactions.

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** Construction tech firm EquipmentShare.com said on Tuesday it was targeting a valuation of up to $6.41 billion in its U.S. initial public offering, potentially setting the tone for a strong year of listings.

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** Hong Kong-listed Sino Biopharmaceutical <1177.HK> said it would acquire China-based Hangzhou Hygieia Biomedical for up to 1.20 billion yuan ($172.04 million), as it looks to bolster its portfolio of chronic-disease treatments.

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** Australian pension fund Aware Super said that it had bought a 31.3% stake in the European Outlet Mall Venture (EOMV) platform, which owns and operates four outlet centres worth 2.6 billion euros ($3.03 billion).

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** UniCredit CRDI.MI CEO Andrea Orcel has discussed potentially buying the stake in Monte dei Paschi di Siena (MPS) BMPS.MI held by Delfin in contacts with the head of the Italian holding company, three people close to the matter told Reuters.

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 (Compiled by Rajarshi Roy and Sanskriti Shekhar in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))

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