Deals of the day-Mergers and acquisitions

Tenaz Energy

18/07/2022 10:57

July 18 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Monday:

    ** Hong Kong-based conglomerate Swire Pacific Ltd  0019.HK 
said it would buy the packaging and distribution operations of
Coca-Cola in Vietnam and Cambodia, marking its expansion into
the southeast Asian beverages market. urn:newsml:reuters.com:*:nL4N2YZ1BM
    
    ** North Africa focused gas producer SDX  SDX.L  said a new
group of investors holding more than a quarter of the company's
capital and led by trading company Aleph planned to oppose its
planned merger with Canada's Tenaz Energy  TNZ.TO   urn:newsml:reuters.com:*:nL8N2YZ1RE
        
    ** A group led by French investment firm Astorg Asset
Management said it would offer to buy Euromoney  ERM.L  in a
deal that could value the British business-to-business
information company at 1.66 billion pounds ($1.97
billion) urn:newsml:reuters.com:*:nL4N2YZ0TK
    
    ** Investment company Actis and Mainstream Renewable Power,
a company controlled by Norway's Aker Horizons  AKH.OL  said  it
has signed an agreement to sell renewable energy company Lekela
Power. urn:newsml:reuters.com:*:nL4N2YZ0UN
    
    ** Australia and New Zealand Banking Group  ANZ.AX  is
buying the banking arm of insurer Suncorp Group  SUN.AX  for
A$4.9 billion ($3.33 billion), as the smallest of Australia's
major lenders seeks to revive growth at home after falling
behind rivals. urn:newsml:reuters.com:*:nL1N2YY0GW
    
    ** Australia and New Zealand Banking Group Ltd  ANZ.AX  said
 that it withdrew from talks with private equity giant KKR & Co
 KKR.N  to buy software firm MYOB Group, in a deal that local
media had pegged at over A$4.5 billion ($3.06
billion) urn:newsml:reuters.com:*:nL1N2YY0GZ
    
    ** New Zealand's infrastructure investment company Infratil
Ltd  IFT.NZ  said Vodafone New Zealand would sell its passive
mobile tower assets for NZ$1.7 billion ($1.05 billion) to funds
managed by two global investment firms. urn:newsml:reuters.com:*:nL1N2YY0FM
    
    ** Egyptian property company Madinet Nasr for Housing and
Development  MNHD.CA  has rebuffed a takeover bid by rival SODIC
 OCDI.CA , saying on Sunday the offer did not represent the
company's true value and calling on SODIC to reconsider
it. urn:newsml:reuters.com:*:nL1N2YY08K

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