Deals of the day-Mergers and acquisitions

Telekom Austria AG

24/07/2023 14:40

(Adds: America Movil, TC Energy, Public Storage, Foxconn 
Updates:)
       July 24 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on Monday:

        ** Mexico's America Movil, the telecoms company
controlled by the family of tycoon Carlos Slim, has acquired an
additional 5.55% of Telekom Austria AG from a private investor,
it said in a filing.  urn:newsml:reuters.com:*:nS0N37N00Q
  
    
        ** Canada's TC Energy  TRP.TO , best known for its
Keystone oil pipeline, will divest a 40% interest in its
Columbia Gas Transmission and Columbia Gulf Transmission
pipelines for C$5.2 billion ($3.95 billion) to Global
Infrastructure Partners (GIP). urn:newsml:reuters.com:*:nL4N39A2U3
  
    
        ** Self-storage operator Public Storage  PSA.N  said  it
has entered a deal to buy Simply Self Storage from Blackstone
Real Estate Income Trust for $2.2 billion, as it looks to expand
its market presence  urn:newsml:reuters.com:*:nL4N39A2MM
  
        
  
        ** Taiwan's Foxconn  2317.TW  will acquire a 50% stake
in ZF Group's  ZFF.UL  axle system assembly unit, creating a
joint venture aimed at growing automotive and supply chain
opportunities, the companies said  urn:newsml:reuters.com:*:nL8N39A3FL
  

    ** Indonesian state-owned fertiliser company PT Pupuk
Kalimantan Timur  PUPUK.UL , or Pupuk Kaltim, is in talks to
acquire the fertiliser business of Australian-listed Incitec
Pivot Ltd  IPL.AX , two sources familiar with the matter
said urn:newsml:reuters.com:*:nL4N39A0T6
    
    ** Indian auto parts maker Samvardhana Motherson
International (SMIL)  SAMD.NS  said it made a second acquisition
this month, buying Germany's Dr. Schneider Group for 118.3
million euros ($131.6 million)  urn:newsml:reuters.com:*:nL4N39A1QR
    
    ** Denmark's Orsted  ORSTED.CO  has agreed to divest its
remaining 25% stake in London Array Offshore Wind Farm in
Britain to funds managed by Schroders Greencoat for 717 million
pounds ($922.85 million), the energy company said in a statement
 urn:newsml:reuters.com:*:nL8N39A19U
    
    ** The board of Swiss software management company
SoftwareONE  SWON.S  said it rejected a revised offer from Bain
Capital to take the company private, saying it would launch a
strategic review to seek the best value for the company
instead urn:newsml:reuters.com:*:nL1N39A0B1
    
    ** Australia's competition regulator said it has delayed its
decision on ANZ Group Holdings'  ANZ.AX  proposed A$4.9 billion
($3.30 billion) acquisition of Suncorp Bank  SUN.AX  by a week
to August 4, and has requested a further extension of one
week urn:newsml:reuters.com:*:nL4N39A0IN
    
    ** China Ruyi Holdings  0136.HK , a movie production and
online streaming company, said one of its subsidiaries will buy
a 49% stake in an investment unit of Dalian Wanda Group for 2.3
billion yuan ($320.08 million) urn:newsml:reuters.com:*:nL1N39A03H
    
    ** U.S.-based investment firm Bain Capital said on Sunday
that it has entered into an agreement to acquire 90% of Adani
Capital and Adani Housing, buying out all of the Adani family's
private investments in the company  urn:newsml:reuters.com:*:nL1N39907Y

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