Deals of the day-Mergers and acquisitions

SoftwareOne Holding AG

13/12/2024 14:38

(Adds: BlackRock Updates:)
       Dec 13 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT on Friday:

        ** Britain's competition regulator said it was launching
a probe into asset management firm BlackRock's  BLK.N  2.55
billion pounds ($3.22 billion) acquisition of UK data firm
Preqin.  urn:newsml:reuters.com:*:nL4N3NE0QZ
  
    
    ** Swiss technology firm SoftwareOne Holding  SWON.S 
confirmed that it is in advanced discussions to acquire
Norwegian rival Crayon Group Holding  CRAYN.OL  for a
consideration of cash and shares.  urn:newsml:reuters.com:*:nL8N3NE04M
    
    ** Australia's Insignia Financial  IFL.AX  said it has
received a non-binding takeover all-cash proposal from private
equity Bain Capital, valuing the 178-year-old wealth manager at
A$2.67 billion ($1.70 billion), in another bid that represents
growing interest in the country's investment managers.
 urn:newsml:reuters.com:*:nL4N3ND1ME
    
    ** Upbound Group  UPBD.O  said on Thursday it reached
agreement on a $460 million cash-and-stock deal for Brigit, a
financial technology company that has been backed by investors
including the venture capital firms of actor Ashton Kutcher and
basketball star Kevin Durant.  urn:newsml:reuters.com:*:nL1N3ND14O

    ** Spanish construction giant Ferrovial  FERF.AS  said on
Thursday it closed the sale of a 19.75% stake in Heathrow
Airport Holdings for 2 billion euros ($2.10 billion) to French
investment firm Ardian and Saudi Arabia's sovereign wealth fund
PIF.  urn:newsml:reuters.com:*:nL4N3ND1IU
    
    ** Saudi Public Investment Fund acquired 15% of Britain's
Heathrow Airport, Saudi State TV said on Thursday.  urn:newsml:reuters.com:*:nS8N3M70D6
        
    ** Banknote printer De La Rue  DLAR.L  is in talks for a
stake sale of up to 40% that could value it at about 245 million
pounds ($311 million), the British company said on Thursday,
hours after it pointed to a rebound in orders in its interim
results.  urn:newsml:reuters.com:*:nL4N3ND0GK
    
    ** The Canadian government has sold its roughly 6% stake in
Air Canada  AC.TO  in the past few days, the Globe and Mail
reported on Thursday, citing a source.  urn:newsml:reuters.com:*:nFWN3ND1MD

 (Compiled by Rajarshi Roy and Kamal Choudhury in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))