Deals of the day-Mergers and acquisitions
25/07/2024 10:50
July 25 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Thursday:
** Singapore's Cyan Renewables, which operates vessels for
offshore wind farms, said it has bought MMA Offshore for A$1.1
billion ($726 million) in the largest takeover deal in this
renewables segment in the Asia Pacific region so far this year.
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** 3D Investment Partners has offered to become a majority
shareholder in Tohokushinsha 2329.T and take it private in a
deal that values the Japanese film company at as much as $575
million.
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** Unilever ULVR.L said it has sold its stake in Qinyuan
Group, also known as Truliva, without disclosing financial terms
of the sale.
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(Compiled by Rajarshi Roy and Harshita Mary Varghese in
Bengaluru)
((Harshitamary.varghese@thomsonreuters.com))