Deals of the day-Mergers and acquisitions

SJS Enterprises

23/08/2023 15:02

(Adds: Thoma Bravo, Qatar Investment Authority, Jadwa
Investment)
       Aug 23 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on
Wednesday:

        ** Tech-focused private equity Thoma Bravo said it has
closed its $2.3 billion all-cash deal to acquire identity and
access management software firm ForgeRock  FORG.N .
  
         urn:newsml:reuters.com:*:nL4N3A432J
  
    
        ** Qatar Investment Authority will invest $1 billion for
a 1% stake in India's Reliance Retail Ventures, the retail arm
of billionaire Mukesh Ambani's Reliance Industries  RELI.NS ,
nearly doubling its valuation to $100 billion from its last
funding round in 2020.
  
         urn:newsml:reuters.com:*:nL4N3A42HG
  
        
  
        ** Saudi Arabia's Jadwa Investment has acquired a 35%
equity stake in Kuwait's Gissah Perfumes Company, which is
slated for a listing in Riyadh, the companies said in a joint
statement on Wednesday.
  
         urn:newsml:reuters.com:*:nL1N3A40YU
  
    
    ** 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))