Deals of the day-Mergers and acquisitions

SOLARIA ENERGIA Y MEDIO AMBIENTE SA

14/06/2024 14:41

(Adds: Great Eastern Holdings, Phillips 66, Central Group,
Solaria, Global Yatirim Holding   Updates: Vodafone Group)
       June 14 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on Friday:

        ** Singapore's Great Eastern Holdings  GELA.SI   asked
its shareholders to accept a S$1.4 billion ($1.03 billion) offer
from Oversea-Chinese Banking Corp  OCBC.SI  to buy the remaining
stake in the insurer and take it private  urn:newsml:reuters.com:*:nL4N3IC123
  
        
  
        ** U.S. oil refiner Phillips 66  PSX.N  said  it would
sell its 25% stake in the Rockies Express Pipeline for about
$1.28 billion, including debt, to a subsidiary of Tallgrass
Energy  urn:newsml:reuters.com:*:nL4N3IC11Y
  
        
  
        ** Thai retailer Central Group agreed to acquire the
assets it has not already secured in KaDeWe Group, a chain of
landmark department stores in Germany, part of tycoon Rene
Benko's folded property empire  urn:newsml:reuters.com:*:nL8N3IC0SJ
  
        
  
        ** Shares in Spain's Solaria  SLRS.MC  jumped by as much
as 10%  after a Bloomberg report saying that the solar developer
had received unsolicited takeover approaches  urn:newsml:reuters.com:*:nL8N3IC0LH
  
        
  
        ** Vodafone Group  VOD.L  is looking to sell its entire
$2.3 billion stake in India's Indus Towers  INUS.NS  through
stock market block deals next week, two sources with direct
knowledge said, as part of the British firm's effort to repay
debt  urn:newsml:reuters.com:*:nL1N3IC0AE
  
        
  
        ** Global Yatirim Holding, the controlling shareholder
of Global Ports Holding  GPH.L , the world's largest cruise port
operator, said  that it would take the London-listed firm
private  urn:newsml:reuters.com:*:nL4N3IC0W4
  
        
    ** French oil and gas major TotalEnergies  TTEF.PA  will
sell its Brunei business to Malaysian independent exploration
and production firm Hibiscus Petroleum  HIBI.KL  for $259.4
million, both companies said  urn:newsml:reuters.com:*:nL4N3IC099
    
    ** Germany's antitrust regulator has cleared plans of Czech
billionaire Daniel Kretinsky's EP Corporate Group to acquire a
stake in Thyssenkrupp's  TKAG.DE  steel division, the agency
said  urn:newsml:reuters.com:*:nL8N3IC0C7
    
    ** Japan's Kirin Holdings  2503.T  said it was offering
220.7 billion yen ($1.4 billion) to acquire the rest of skin
care brand Fancl Corp  4921.T  as the beer maker continues to
pivot toward the health and wellness businesses  urn:newsml:reuters.com:*:nL4N3IB19W
    
    ** Britain's competition regulator launched a formal
investigation into homebuilder Barratt's  BDEV.L  2.52 billion
pound ($3.21 billion) all-stock deal to buy smaller rival Redrow
 RDW.L  to examine whether it has the potential to hurt
competition  urn:newsml:reuters.com:*:nL3N3GE2EI

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