Deals of the day-Mergers and acquisitions
19/01/2024 10:44
Jan 19 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT, on Friday:
** Global commodity merchant Louis Dreyfus Company (LDC) has
agreed to acquire the rest of Australian partner Namoi Cotton
NAM.AX to reinforce its position in one of its key
agricultural products.
(Full Story)
** French shipping firm CMA CGM is set to buy British
logistics firm Wincanton WIN.L in a deal worth about $700
million that will take CMA CGM's recent push in logistics to the
UK supermarket sector.
(Full Story)
** China's market regulator said it is seeking public
opinion over plans by Huawei and Chengdu Hi-Tech Investment
Group to fully acquire TD Tech.
(Full Story)
(Compiled by Rajarshi Roy and Vallari Srivastava in Bengaluru)
((Rajarshi.Roy@thomsonreuters.com;))