Deals of the day-Mergers and acquisitions

Solara Minerals

26/06/2023 21:17

(Adds: Kering, ZCCM Investment Holdings, Enfusion, Exor NV, and
Ocado)
       June 26 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Monday:
    
    ** Gucci owner Kering  PRTP.PA  said it had struck a deal to
buy high-end French fragrance label Creed, its first acquisition
since flagging intentions earlier this year to create an
in-house cosmetics business.  urn:newsml:reuters.com:*:nL8N38I4DP
    
    ** Zambia's state-owned ZCCM Investment Holdings  ZCCM.LZ 
confirmed on Monday that China's Zijin Mining  601899.SS  and
Sibanye Stillwater  SSWJ.J  are among investors short-listed to
buy Mopani Copper Mines.  urn:newsml:reuters.com:*:nL1N38I1TK
    
    ** Software company Enfusion Inc  ENFN.N  is attracting
takeover interest from private equity firms and strategic
buyers, several people familiar with the matter said.
 urn:newsml:reuters.com:*:nL1N38F2WZ 
    
    ** Lingotto Investment Management, a firm owned by the Exor
NV  EXOR.AS  holding company of Italy's Agnelli industrial
dynasty, on Monday disclosed a 5% holding in Ocado  OCDO.L , the
British online supermarket and technology group.  urn:newsml:reuters.com:*:nL8N38I3WQ

    ** Prologis Inc  PLD.N  said it has agreed to buy 14 million
square feet of industrial properties from real estate funds
affiliated with Blackstone  BX.N  for $3.1 billion in an
all-cash deal.  urn:newsml:reuters.com:*:nL4N38I2J4
    
    ** Amedisys Inc  AMED.O  agreed to acquired by UnitedHealth
Group  UNH.N  for $101 per share in cash, and terminated an
all-stock deal to be bought by Option Care Health Inc  OPCH.O . 
    urn:newsml:reuters.com:*:nL4N38I2QW
    
    ** IBM  IBM.N  said  it will acquire technology
spend-management platform Apptio from Vista Equity Partners for
$4.6 billion in cash, in the latest deal to bolster its
capabilities in cloud and automation.  urn:newsml:reuters.com:*:nL4N38I29C
    
    ** Japan stepped up efforts to bolster its chip industry ,
with a government-backed fund agreeing to buy semiconductor
materials maker JSR Corp  4185.T  for about 909.3 billion yen
($6.4 billion).  urn:newsml:reuters.com:*:nL1N38I01K
    
    ** Databricks said it has agreed to acquire generative
artificial intelligence startup MosaicML in a deal valued at
roughly $1.3 billion.  urn:newsml:reuters.com:*:nL4N38I2IO
    
    ** Nordson Corporation  NDSN.O  said  it will buy Italy's
ARAG Group and its subsidiaries in an all-cash deal for an
enterprise value of €960 million ($1.05 billion).  urn:newsml:reuters.com:*:nL4N38I29X
    
    ** Singapore-headquartered iNova Pharmaceuticals will buy a
portfolio of consumer healthcare brands from Sackler-owned
Mundipharma International for an enterprise value of $540
million, an iNova spokesperson said.  urn:newsml:reuters.com:*:nL1N38I0IL

    ** European stock market operator Euronext  ENX.PA  said it
had agreed to sell its 11.1% stake in the European operations of
clearing company LCH SA to LCH Group Holdings, for 111 million
euros ($121.1 million).  urn:newsml:reuters.com:*:nL1N38I0CC
    
    ** Norway's Yara  YAR.OL  has postponed a planned initial
public offering of its Yara Clean Ammonia (YCA) business by one
or two years due to an unsatisfactory market valuation, the
fertiliser maker said in a strategy update.  urn:newsml:reuters.com:*:nL1N38I0CV
    
    ** Mitsubishi UFJ Financial Group  8306.T  said it was
buying Indonesian auto loan provider Mandala Multifinance
 MFIN.JK  for 7 trillion rupiah ($467 million) to deepen its
Asian presence and tap consumption growth in emerging markets.
 urn:newsml:reuters.com:*:nL1N38I02W
    
    ** Retail giant Wesfarmers'  WES.AX  unit Australian
Pharmaceutical Industries (API) said that aesthetics firm SILK
Laser Australia  SLA.AX  had agreed to its improved acquisition
bid in a deal now valued at about A$180 million ($120.24
million).  urn:newsml:reuters.com:*:nL1N38H0GH
    
    ** Swedish real estate company SBB  SBBb.ST  said on Sunday
it has entered discussions to sell the company's remaining 51%
of EduCo, the education subsidiary of SBB, after having recently
received interest from Brookfield Asset Management  BAM.TO .
 urn:newsml:reuters.com:*:nL1N38H0EU

 (Compiled by Rajarshi Roy, Juveria Tabassum and Jaiveer
Shekhawat in Bengaluru)
 ((jaiveersingh.shekhawat@thomsonreuters.com))