Deals of the day-Mergers and acquisitions

SOHO China

16/06/2021 15:00

(Adds Asda, EQT, Deutsche Telekom, Saarstahl, Allianz)
    June 16 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1400 GMT on
Wednesday:

    ** Blackstone Group Inc  BX.N  is nearing a deal to buy
office developer Soho China Ltd  0410.HK  in what would be its
biggest real estate investment in the Asian country, Bloomberg
News reported, citing people familiar with the matter.
 urn:newsml:reuters.com:*:nL3N2NY12L
    
    ** EBay  EBAY.O  will sell its South Korean business to
retailer Shinsegae Group's E-Mart Inc  139480.KS  and web portal
operator Naver  035420.KS  for about 4 trillion won ($3.6
billion), local newspapers reported.  urn:newsml:reuters.com:*:nL2N2NY0C8
    
    ** EverArc  EVRA.L , a London-listed acquisition vehicle,
has agreed to buy U.S.-based firefighting products maker
Perimeter Solutions as part of a reverse takeover valued at $2
billion, it said.  urn:newsml:reuters.com:*:nL3N2NY1GM
    
    ** Abu Dhabi sovereign wealth fund Mubadala Investment Co.
announced it has acquired a 60% stake in healthcare provider
United Eastern Medical Services (UEMedical), which operates in
Saudi Arabia and the United Arab Emirates.  urn:newsml:reuters.com:*:nL2N2NY0JU
    
    ** Swedish fund EQT  EQTAB.ST  offered to buy Solarpack
 SPK.MC  for 881.2 million euros ($1.07 billion), sending shares
in the Spanish solar power group up more than 40%.  urn:newsml:reuters.com:*:nL2N2NY0DN
    
    ** Britain's competition regulator will not refer the 6.8
billion pound ($9.6 billion) takeover of supermarket chain Asda
for an in-depth probe after accepting an offer by its new owners
to sell 27 petrol stations to satisfy concerns it could lead to
higher fuel prices.  urn:newsml:reuters.com:*:nL5N2NY2M8
    
    ** Deutsche Telekom  DTEGn.DE  is offering investors stakes
in a company it is creating to overhaul Germany's internet
cables to help foot the bill for much-needed network
modernization, three people familiar with the matter said.
 urn:newsml:reuters.com:*:nL5N2NX58E
    
    ** German steelmaker Saarstahl said it has submitted a bid
for two steel plants in France owned by Sanjeev Gupta's Liberty
Steel.  urn:newsml:reuters.com:*:nL5N2NY2JN
    
    ** German insurer Allianz  ALVG.DE  is buying a 10% stake in
the European arm of telecoms towers group American Tower Corp.
 AMT.N , the companies said in a statement. urn:newsml:reuters.com:*:nFWN2NX1AO
    
    **  Brazilian holding company Ultrapar Participações SA has
confirmed it is in exclusive talks with Thailand's Indorama
Ventures PLC  IVL.BK  to sell its chemical unit Oxiteno.
 urn:newsml:reuters.com:*:nS0N2MF028
    
    

 (Compiled by Sahil Shaw in Bengaluru)
 ((Sahil.Shaw@thomsonreuters.com;))