Deals of the day-Mergers and acquisitions

SJS Enterprises

23/08/2023 10:56

Aug 23 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1000 GMT on
Wednesday:

    ** Private equity firm Everstone Capital said it has fully
exited India's SJS Enterprises  SJSE.NS  by selling its
remaining 29.5% stake in the company.  urn:newsml:reuters.com:*:nL4N3A41SY
    
    ** Eurobank  EURBr.AT , one of Greece's largest lenders,
said it has agreed to acquire an additional 17.3% stake in
Cypriot Hellenic Bank for 167.9 million euros ($181.53 million)
to reinforce its business in core markets.  urn:newsml:reuters.com:*:nL8N3A41TV
    
    ** Thailand's second-biggest lender Kasikornbank  KBANK.BK 
is in talks to buy consumer finance provider Home Credit Vietnam
in a deal worth up to $1 billion that would further its push to
expand in Vietnam, two sources said.  urn:newsml:reuters.com:*:nL1N3A40AD
    
    ** APA Group  APA.AX  said it will acquire Alinta Energy's
power assets in Western Australia's remote Pilbara region for
A$1.7 billion ($1.1 billion) including debt, as it looks to
expand in power production.  urn:newsml:reuters.com:*:nL4N3A34RG
    
    ** Private equity firm Roark Capital is in the lead to
acquire sandwich chain Subway for well over $9 billion after
attaching conditions to some of the windfall the two families
that own it will get, people familiar with the matter said on
Tuesday.  urn:newsml:reuters.com:*:nL4N3883UJ
    
    ** The U.S. Federal Trade Commission (FTC) is expected to
open an in-depth probe  of Qualcomm's  QCOM.O  purchase of
Israeli auto-chip maker Autotalks, Politico reported on Tuesday,
citing people familiar with the matter.  urn:newsml:reuters.com:*:nL4N3A34IA

 (Compiled by Rajarshi Roy and Arsheeya Bajwa in Bengaluru)
 ((ArsheeyaSingh.Bajwa@thomsonreuters.com))