Deals of the day-Mergers and acquisitions

SM Entertainment Co

13/02/2023 15:12

(Adds Attacq, NatWest, updates Fidelity)
       Feb 13 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1500 GMT on Monday:
    ** Teddy Sagi, the largest shareholder of Britain's Kape
 KAPE.L , said he would make a cash offer to buy the digital
security and privacy software business for about $1.51 billion.
 urn:newsml:reuters.com:*:nL4N34T1E7
    ** B2Gold Corp  BTO.TO  said on Monday it will acquire
Sabina Gold & Silver Corp  SBB.TO  in a deal valued at C$1.1
billion ($823.66 million), in a move that is likely to boost the
Canadian gold miner's portfolio.  urn:newsml:reuters.com:*:nL4N34T2NB
    ** Attacq Ltd  ATTJ.J  said the Government Employees Pension
Fund is planning to buy a 30% stake in its Waterfall investment
firm for 2.8 billion rand ($156 million), sending shares in the
South African commercial property group up 14%.  urn:newsml:reuters.com:*:nL1N34T11N
    ** NatWest will buy an 85% stake in workplace savings and
pension technology provider Cushon for 144 million pounds
($174.3 million), the British bank said on Monday.  urn:newsml:reuters.com:*:nL8N34T44X
    ** Warburg Pincus is moving closer to buying a stake in
Zhong Ou Asset Management Co from Intesa Sanpaolo  ISP.MI 
according to exchange filings and a source, underscoring the
U.S. private equity giant's unabated interest in China's $3.8
trillion mutual fund industry.  urn:newsml:reuters.com:*:nL4N34T1X6
    ** K-pop agencies HYBE  352820.KS  and Kakao  035720.KS ,
battling each other to tie up with rival SM Entertainment
 041510.KQ , are facing the new challenge of a possible review
by the South Korean competition regulator should either succeed.
 urn:newsml:reuters.com:*:nL4N34T105
    ** Shares in Polish chemicals producer Ciech  CIEP.WA 
surged nearly 8% after its biggest shareholder KI Chemistry said
 it plans to run a tender offer to buy the rest of the shares
and take full control.  urn:newsml:reuters.com:*:nL1N34T0EQ
    ** Payments conglomerate Fidelity National Information
Services Inc FIS.N said on Monday it would spin off its merchant
payments business, following shareholder pushback against the
company's structure.  urn:newsml:reuters.com:*:nL4N34T2TY    
 (Compiled by Rajarshi Roy and Anirban Chakroborti in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))