Deals of the day-Mergers and acquisitions

Stabilus SE

12/10/2023 14:52

(Adds: Sculptor Capital Management, Atlassian, Live Ventures  
Updates:)
       Oct 12 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1400 GMT on
Thursday:

        ** Atlassian  TEAM.O  said it had agreed to acquire
privately held video messaging platform Loom for about $975
million, beefing up its team collaboration tools to tap into
resilient demand fueled by the adoption of hybrid work.
  
         urn:newsml:reuters.com:*:nL4N3BI3HR
  
    
        ** Sculptor Capital Management  SCU.N   said it will
accept a sweetened bid from Rithm Capital  RITM.N  after the
real estate investment firm raised its offer for the hedge fund
firm by nearly 8% to roughly $676 million.
  
         urn:newsml:reuters.com:*:nL1N3BI1DQ
  

        **  U.S. investment firm Live Ventures  LIVE.O  has
offered to buy LL Flooring Holdings Inc  LL.N , formerly known
as Lumber Liquidators, for roughly $180 million in cash,
according to a letter seen by Reuters.
  
         urn:newsml:reuters.com:*:nL1N3BH3C1
  
    
    ** Wagamama owner The Restaurant Group  RTN.L  has agreed to
be taken private by private equity firm Apollo Global  APO.N 
for 506 million pounds ($623.44 million) after a year of
financial struggles and investor pressure.
     urn:newsml:reuters.com:*:nL4N3BI1FI
    
    ** Private equity firm Triton said that it was acquiring
Siemens Energy's  ENR1n.DE  high-voltage component business
Trench in a deal that is expected to close in the first half of
2024.
     urn:newsml:reuters.com:*:nL8N3BI1RD

    ** Dubai's real estate and hospitality group FIVE Holdings 
announced it had completed the acquisition of Pacha Group,
buying its hotel and nightclub businesses in a deal worth 303
million euros ($322.06 million).
     urn:newsml:reuters.com:*:nL1N3BI0BD

    ** Industrial and automotive supplier Stabilus SE  STM1.DE 
will acquire a business unit of US manufacturer Dover Corp
 DOV.N  in a deal with an enterprise value of $680 million, the
companies said in separate statements on Wednesday.
     urn:newsml:reuters.com:*:nL4N3BI0P3

    ** Australia's Liontown Resources  LTR.AX  said it would
extend an exclusive due diligence period by a week for its
proposed A$6.6 billion ($4.23 billion) buyout by U.S.-based
Albemarle  ALB.N , even as an Australian billionaire muscles in.
     urn:newsml:reuters.com:*:nL4N3BH4L0

    ** Newmont Corporation  NEM.N , the world's largest gold
producer, said more than 96% of shareholder votes were cast in
favor of its proposed A$26.2 billion ($16.80 billion)
acquisition of Australian gold miner Newcrest Mining  NCM.AX .
     urn:newsml:reuters.com:*:nL4N3BH4MM

    ** Goldman Sachs  GS.N  has agreed to sell GreenSky, its
home improvement lender, and associated loans to a consortium
led by investment firm Sixth Street Partners, it said.
     urn:newsml:reuters.com:*:nL1N3BH2NT

 (Compiled by Rajarshi Roy and Arsheeya Bajwa in Bengaluru)
 ((ArsheeyaSingh.Bajwa@thomsonreuters.com))