Deals of the day-Mergers and acquisitions

Zhaojin Mining Industry Co

30/04/2024 10:37

April 30 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Tuesday:

    ** Japan's Ono Pharmaceutical Co  4528.T  said  its $2.4
billion takeover of Deciphera Pharmaceuticals  DCPH.O  is a
"first step" in expanding in U.S. and European markets.
     urn:newsml:reuters.com:*:nL1N3H30LK
    
    ** Satellite company SES  SESFd.PA  has agreed to buy all
the shares of Intelsat Holdings for about $3.1 billion in a deal
that would create a European giant in the industry, the
companies said .
     urn:newsml:reuters.com:*:nL1N3H30JY
    
    ** French nuclear operator EDF said it had submitted an
updated bid to Czech majority state-owned utility group CEZ for
the delivery of up to four new nuclear power units in the Czech
Republic.
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    ** Hong Kong-listed L'Occitane International's  0973.HK 
chairman and controlling shareholder, Reinold Geiger, will take
the skin-care firm private, giving it an equity value of 6
billion euros ($6.4 billion), the company said.
     urn:newsml:reuters.com:*:nL4N3H31OF
    
    ** U.S. hedge fund Elliott Management Corp has bought a
stake in Sumitomo Corp  8053.T  worth several tens of billions
of yen, a person familiar with the situation said.
     urn:newsml:reuters.com:*:nL4N3H30CS
    
    ** Australia's Tietto Minerals  TIE.AX  has urged its
shareholders to accept Zhaojin Mining's  1818.HK  offer that
values the firm at A$733 million ($480.41 million) or sell
shares on-market if the market price is not materially different
to the offer price.
     urn:newsml:reuters.com:*:nL4N3H309J
    
    ** Worley  WOR.AX  said its top shareholder, Dubai-based
engineering and consulting firm Sidara, had sold about 19% stake
in a block trade, sending the Australian engineering firm's
shares more than 11% lower.
     urn:newsml:reuters.com:*:nL4N3H307L

    ** Oil and gas firm Diamondback Energy  FANG.O  said on
Monday it had received a second request from the U.S. Federal
Trade Commission (FTC) in connection with the $26 billion deal
to buy privately-held Endeavor.
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 (Compiled by Rajarshi Roy in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))