Deals of the day-Mergers and acquisitions

Telecom Egypt SAE

15/05/2023 11:13

May 15 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Monday:

    ** Shares in John Wood Group  WG.L  were on track for their
biggest one-day drop on record  after U.S.-based Apollo Global
Management  APO.N  said it would not proceed with a takeover of
the British engineering services firm on its fifth
attempt. urn:newsml:reuters.com:*:nL4N37C1AM
    
    ** Siemens Energy  ENR1n.DE  has scheduled a two-day
extraordinary shareholder meeting on June 12-13 to buy the
remaining 2% in struggling wind turbine maker Siemens Gamesa,
its chief executive Christian Bruch said.  urn:newsml:reuters.com:*:nL8N37C1E0
    
    ** Singapore regional healthcare firm HMI Group said that it
has signed a deal to fully acquire local healthcare technology
platform MHC Asia Group, without disclosing the value of the
transaction.  urn:newsml:reuters.com:*:nL4N37C13O
    
    ** Australia's InvoCare Ltd  IVC.AX  shares jumped nearly
12% after it revealed a higher A$1.86 billion ($1.26 billion)
offer from global private equity firm TPG had been tabled just
weeks after it rejected a lower bid it said undervalued the
funeral services provider.  urn:newsml:reuters.com:*:nL4N37B0ON
    
    ** Australia's Aristocrat Leisure  ALL.AX  said it will
acquire Israel-based online gaming solutions provider NeoGames
SA  NGMS.O  for about $1 billion in a bid to improve its
foothold in the real-money gaming (RMG) space.  urn:newsml:reuters.com:*:nL1N37B0L4
    
    ** ONEOK Inc  OKE.N  agreed on Sunday to buy U.S. pipeline
operator Magellan Midstream Partners  MMP.N  in a cash-and-stock
deal valued at about $18.8 billion including debt, bringing
natural gas-focused ONEOK into transporting refined products and
oil.  urn:newsml:reuters.com:*:nL1N37B0K6
    
    ** Australia's St Barbara Ltd  SBM.AX  said it will not
engage further with Silver Lake Resources Ltd  SLR.AX  regarding
its A$707 million ($480 million) offer for the gold miner's
Leonora assets, rejecting the revised bid.  urn:newsml:reuters.com:*:nL1N37B0M0
    
    ** Australian gold miner Newcrest Mining Ltd said it would
back Newmont Corp's  NEM.N  A$26.2 billion ($17.8 billion)
takeover offer in one of the world's largest buyouts so far this
year. urn:newsml:reuters.com:*:nL1N37B0IY

    ** Egypt's government sold a 9.5% stake in state-controlled
Telecom Egypt  ETEL.CA  for 3.75 billion Egyptian pounds ($121.6
million), the finance ministry said in a statement on Sunday,
breathing life into a privatisation programme that had seemingly
stalled.  urn:newsml:reuters.com:*:nL8N37B0D3

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