Deals of the day-Mergers and acquisitions

Zhaojin Mining Industry Co

24/04/2024 10:49

April 24 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:

    ** Link Administration's  LNK.AX  investors approved
Mitsubishi UFJ Financial Group's  8306.T  A$1.2 billion ($781.68
million) buyout bid at a shareholder meeting .
     urn:newsml:reuters.com:*:nL2N3GX0EU
    
    ** Abu Dhabi state-controlled fund ADQ is acquiring a 49%
stake in Australian infrastructure investor Plenary Group, the
two companies announced  in a deal Australian media reported was
worth around A$1 billion dollars ($651 million).
     urn:newsml:reuters.com:*:nL2N3GX0I3
    
    ** China's Zhaojin Mining Industry  1818.HK  said  that its
A$733 million ($477.8 million) offer to buy Australia's Tietto
Minerals  TIE.AX  has become unconditional.
     urn:newsml:reuters.com:*:nL3N3GX10U
    
    ** South Korean petrochemical company LG Chem  051910.KS 
denied  a media report saying it is considering merging its
naphtha cracker business with rival Lotte Chemical  011170.KS .
     urn:newsml:reuters.com:*:nL2N3GX02G
    
    ** Australia's Cleanaway Waste Management  CWY.AX  said  it
was not in discussions with industrial conglomerate Seven Group
Holdings  SVW.AX  over a potential takeover of the waste
disposal firm amid media reports over a deal.
     urn:newsml:reuters.com:*:nL3N3GW5FV

 (Compiled by Rajarshi Roy and Anuja Bharat Mistry in Bengaluru)
 ((AnujaBharat.Mistry@thomsonreuters.com))