Deals of the day-Mergers and acquisitions

Wincanton

01/03/2024 11:07

March 1 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on Friday:

    ** Grifols'  GRLS.MC  $1.8 billion sale of a 20% stake in
Shanghai RAAS  002252.SZ  will proceed after a due diligence
process concluded "satisfactorily," the Spanish drug maker said.
     urn:newsml:reuters.com:*:nL2N3FF0LJ
    
    ** British logistics firm Wincanton  WIN.L  withdrew its
support for CEVA's proposed deal, in favour of GXO Logistics'
 GXO.N  higher offer, which valued the company at about 762
million pounds ($962.3 million).
     urn:newsml:reuters.com:*:nL3N3FF1NS
    
    ** British broadcaster ITV  ITV.L  has sold its entire 50%
stake in streaming service BritBox International to its joint
venture partner BBC Studios for 255 million pounds ($322.09
million), it said.
     urn:newsml:reuters.com:*:nL3N3FF1S7

 (Compiled by Rajarshi Roy and Puyaan Singh in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))