Deals of the day-Mergers and acquisitions

Sonder Holdings

30/04/2021 16:31

April 30 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 15:30 GMT on Friday:

    ** Chesapeake Energy Corp  CHK.O , which exited bankruptcy
in February, is working with two banks on a potential sale of
its oil-producing South Texas assets that could fetch as much as
$2 billion, two sources familiar with the plan said.
 urn:newsml:reuters.com:*:nL4N2MM4SX
    
    ** Business news and information publisher Forbes Media LLC
is in talks to go public through a merger with a special purpose
acquisition company (SPAC) as it attracts new acquisition
interest, people familiar with the matter said on Thursday.
 urn:newsml:reuters.com:*:nL1N2MM2WH
    
    ** Nestle  NESN.S  has bought vitamin and supplements maker
The Bountiful Company for $5.75 billion, the world's largest
packaged food company said on Friday, the latest expansion of
its health and nutrition business.  urn:newsml:reuters.com:*:nL8N2MN14J
    
    ** Italian state lender CDP and its partners' sweetened bid
for Atlantia's  ATL.MI  motorway unit Autostrade still values it
9.1 billion euros ($11.00 billion), but includes a 180 million
euro fee paid to the seller, two sources with knowledge of the
matter said on Friday.  urn:newsml:reuters.com:*:nL8N2MN4AF
    
    ** Investors in Atlantia  ATL.MI  should reject a revised
offer for the infrastructure group's motorway unit, activist
hedge fund TCI said on Friday, adding the improvement was still
too small.  urn:newsml:reuters.com:*:nS8N2LH02G
    
    ** Lodging startup Sonder, which offers refurbished
properties for short-term rentals, has agreed to be taken public
by a blank-check firm backed by billionaire investors Alec Gores
and Dean Metropoulos that values the combined company at around
$2.2 billion.  urn:newsml:reuters.com:*:nL4N2MN38F

 (Compiled by Sohini Podder in Bengaluru)
 ((sohini.podder@thomsonreuters.com;))