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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

Adds: Salesforce, Prudential Financial; Updates: Gulf Keystone Petroleum

- The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:

** Salesforce CRM.N said it would acquire customer engagement platform Braze BRZE.O for about $5.66 billion. nL6N4660T8

** Prudential Financial PRU.N said it would sell its Brazil and Mexico units to French insurance group CNP Assurances Group for $4.03 billion in cash as part of its ongoing push to simplify its business. nL4N4660PB

** Gulf Keystone Petroleum GKP.L said it would merge with Norway's ShaMaran Petroleum SNMS.OL in a $601 million all-share 50-50 deal, creating one of the largest producers in Iraq's oil-rich Kurdistan region. nL4N4660C2

** Italy's second-largest bank, UniCredit CRDI.MI, said it was bringing its domestic securities services unit back in-house, two decades after outsourcing the business to Societe Generale SOGN.PA. nL8N4660A4

** Italian engineering group Maire MTCM.MI said its Nextchem unit had signed binding agreements to buy Swedish MEAB AB and German MEAB GmbH for a maximum amount of €8 million ($9 million). nFWN4651G4

** Singapore's Keppel KPLM.SI said it would sell a 51% stake in K-Commercial, the entity that owns the Keppel South Central office building, to Keppel REIT KASA.SI for about S$611 million ($477.42 million). nL4N4651QE

** Tradeweb Markets TW.O said on Monday it will buy bond-trading platform Trumid for about $1.97 billion, as it seeks to expand its presence in US corporate bond markets. nL4N4651KL


(Compiled by Rajarshi Roy and Miraanta Lowrance in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com ))

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