Deals of the day-Mergers and acquisitions

Zhaojin Mining Industry Co

30/10/2023 10:15

Oct 30 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on Monday:
    
    ** Ahold Delhaize  AD.AS  has agreed to buy Romanian grocery
retailer Profi from private equity firm MidEuropa for 1.3
billion euros ($1.37 billion), it said , in a deal that will
more than double the company's operations in Romania.
     urn:newsml:reuters.com:*:nL1N3C00GM
    
    ** Shein, the China-founded fast-fashion retailer, has
bought the Missguided brand from Mike Ashley's Frasers Group
 FRAS.L , the e-commerce giant's first purchase of a British
brand.
     urn:newsml:reuters.com:*:nL8N3C01KO

    ** Blackstone  BX.N  said it will buy a majority stake in
India's Care Hospitals from a fund belonging to asset management
firm TPG, marking the U.S.-based private equity firm's entry
into the country's healthcare services sector.
     urn:newsml:reuters.com:*:nL4N3C01US
    
    ** Greece's state-controlled bank bailout fund HFSF said it
had launched a process to sell its 9% stake in Alpha Bank
 ACBr.AT .
     urn:newsml:reuters.com:*:nL1N3C00II
    
    ** India's AU Small Finance Bank  AUFI.NS  is buying
IPO-bound peer Fincare Small Finance Bank in an all-stock deal
worth 44.11 billion rupees ($529.8 million), as it looks to
enter the microfinance space.
     urn:newsml:reuters.com:*:nL4N3C00V9

    ** Switzerland-based Clariant AG  CLN.S  said it would
acquire Canada's Lucas Meyer Cosmetics from International
Flavors & Fragrances  IFF.N  in an all-cash deal for $810
million.
     urn:newsml:reuters.com:*:nL4N3C016B
    
    ** Information and analytics firm Ascential  ASCL.L  said it
would sell its digital commerce and consumer research units for
a combined enterprise value of 1.4 billion pounds ($1.7 billion)
as the UK-based company focuses on its events business.
     urn:newsml:reuters.com:*:nL4N3C01JT

    ** Tietto Minerals  TIE.AX  said it received a takeover
offer from Chinese gold miner Zhaojin Mining Industry  1818.HK 
to buy all shares it does not already own in the Australian gold
explorer for about A$629 million ($398.79 million).
     urn:newsml:reuters.com:*:nL4N3C008J

    ** Private equity investor Aurelius Group is in talks to buy
beauty products chain The Body Shop, which has been put up for
sale by its Brazilian owner Natura & Co  NTCO3.SA , a source
familiar with the talks told Reuters.
     urn:newsml:reuters.com:*:nL1N3BZ07X

 (Compiled by Rajarshi Roy and Harshita Mary Varghese in
Bengaluru)
 ((Harshitamary.varghese@thomsonreuters.com))