Deals of the day-Mergers and acquisitions

Wienerberger AG

20/01/2023 10:52

(Adds EDF, GXO, Magnet, CATL, Sun Life Financial, Cellnex)
       Jan 20 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2050 GMT on Friday:
    ** The French state acquired enough EDF  EDF.PA  shares on
the market to start squeeze-out proceedings as it fully
nationalises the nuclear energy giant, the finance ministry
said.  urn:newsml:reuters.com:*:nL1N3451XR
        ** GXO Logistics  GXO.N , the world’s largest contract
logistics provider, is open to sizeable takeover deals of more
than $1 billion in Canada, Chief Executive Malcolm Wilson said
earlier this week.  urn:newsml:reuters.com:*:nL8N3454V2
  
        ** Thoma Bravo will buy Canadian software firm Magnet
Forensics Inc  MAGT.TO  in a C$1.8 billion ($1.34 billion) deal,
the company said, as the private equity firm bolsters its
cybersecurity portfolio to tap into rising demand.  urn:newsml:reuters.com:*:nL4N3452XI
  
        ** Bolivia has chosen a consortium including Chinese
battery giant CATL  300750.SZ  to help develop the South
American country's huge, but largely untapped, reserves of
lithium after a lengthy bidding process involving firms from the
United States and Russia.  urn:newsml:reuters.com:*:nL1N34510B
  
        ** A unit of Canadian insurer Sun Life Financial Inc
 SLF.TO  has partnered with Hong Kong-based Dah Sing Bank
 2356.HK  in a deal valued at nearly C$260 million ($193
million), the companies said.  urn:newsml:reuters.com:*:nL4N3442F0
  
        ** Shares in Spain's Cellnex  CLNX.MC  jumped 8% after a
media report that said American Tower  AMT.N  and asset manager
Brookfield  BN.TO  were weighing a possible takeover bid for the
mobile phone tower operator.  urn:newsml:reuters.com:*:nL8N3452K6
  
    ** ABB Ltd  ABBN.S  has sold its power conversion business
to AcBel Polytech Inc  6282.TW  for $505 million, the Swiss
engineering and technology company said.  urn:newsml:reuters.com:*:nL8N3451G5
    ** Britain's competition regulator said French pastry-mix
maker Cérélia will have to sell the Jus-Rol business after the
watchdog found that a merger would lessen choice for consumers
and harm competition among wholesale retailers of dough in the
UK.  urn:newsml:reuters.com:*:nL4N3451UD
    ** Germany's Federal Cartel Office has authorized the
takeover of parts of French firm Terreal by Austrian brickmaker
Wienerberger AG  WBSV.VI , the regulator said.  urn:newsml:reuters.com:*:nL8N3452B1
    ** Japan Tobacco Inc  2914.T , the cigarette conglomerate
one-third owned by the government, is facing a shareholder
motion to sell off its listed drug unit Torii Pharmaceutical Co
 4551.T  to boost shareholder value.  urn:newsml:reuters.com:*:nL1N3450GP
    ** Australia's competition regulator said it was seeking
market views on the proposed sale of MBCC Group's assets in the
country by Swiss chemicals maker Sika AG  SIKA.S .  urn:newsml:reuters.com:*:nL4N3450AG
    ** Colombia's aviation regulator annulled a business merger
process between Avianca and Viva airlines due to procedural
irregularities, meaning the process will restart without the
companies having to reapply, the aviation governing body
announced on Thursday.  urn:newsml:reuters.com:*:nL1N34435R
 (Compiled by Rajarshi Roy, Khushi Mandowara and Arshreet Singh
in Bengaluru)
 ((Khushi.Mandowara@thomsonreuters.com;
Arshreet.Singh@thomsonreuters.com))