financetom
Technology
financetom
/
Technology
/
Deals of the day-Mergers and acquisitions
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Deals of the day-Mergers and acquisitions
Sep 29, 2024 5:00 PM

Sept 26 (Reuters) - The following bids, mergers,

acquisitions, and disposals were reported by 0930 GMT on

Thursday:

** Hong Kong's New World Development ( NWWDF ) said it was

in talks with its controlling shareholder, Chow Tai Fook

Enterprises, to sell its entire stake in Kai Tak Sports Park to

Chow Tai Fook Enterprises.

** South Korea's LG Display ( LPL ) said it had agreed

to sell its stake in its large liquid crystal display (LCD)

plant in Guangzhou, China, to TCL's LCD unit CSOT

for 10.8 billion yuan ($1.54 billion).

** Sodexo is exploring a potential acquisition of

its U.S. rival Aramark ( ARMK ), Bloomberg News reported on

Wednesday, sending the shares of the French food catering firm

lower.

** Australian fund manager Platinum Asset Management ( PTMGF )

rejected a takeover offer from hedge fund Regal

Partners, saying that the proposal undervalued the

company.

** U.S. Steel said on Wednesday an arbitration board

had ruled in favour of Nippon Steel's ( NISTF ) $14.9 billion

buyout of the company, but that the United Steelworkers union

(USW)disagreed with the decision.

** Macquarie said its infrastructure fund and other

pension funds will sell a co-owned 74.25% combined stake in

Queensland Airports Ltd to a consortium comprising global

investment firm KKR and Skip Essential Infrastructure

Fund.

** French food catering firm Sodexo is exploring a

potential acquisition of its U.S. rival Aramark ( ARMK ),

Bloomberg News reported on Wednesday, citing people familiar

with the matter.

** Brazilian education companies Cogna and Yduqs

have been in talks about a potential merger, Valor

Economico newspaper reported on Wednesday, citing

sources.

(Compiled by Rajarshi Roy and Pooja Menon in Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Digital Realty Launches ServiceFabric® MCP, Bringing AI-Native Programmable Control to 800+ Data Centers
Digital Realty Launches ServiceFabric® MCP, Bringing AI-Native Programmable Control to 800+ Data Centers
Jun 17, 2026
AUSTIN, Texas, June 17, 2026 (GLOBE NEWSWIRE) -- Digital Realty ( DLR ) , the world’s largest cloud- and carrier-neutral data center platform, today announced the availability of ServiceFabric® Model Context Protocol (MCP), an emerging open protocol that helps make infrastructure programmable for Private AI environments. ServiceFabric MCP extends Digital Realty's ( DLR ) global interconnection platform with programmable controls...
Learning Math with Robotics™: Barobo Expands TK–12 Mathematics, Intervention, Computer Science, and STEAM Pathways
Learning Math with Robotics™: Barobo Expands TK–12 Mathematics, Intervention, Computer Science, and STEAM Pathways
Jun 17, 2026
DAVIS, Calif.--(BUSINESS WIRE)-- Barobo, Inc., developer of the Linkbot™ educational robot and RoboBlocky™ learning platform, continues to expand comprehensive TK–12 pathways in mathematics, math intervention, computer science, and STEAM education for classroom and expanded learning environments through its Learning Math with Robotics™ initiative. A major milestone in this effort was the approval of RoboBlocky Math for adoption by the California...
CAST Gives CIOs a Roadmap for Enterprise AI Adoption
CAST Gives CIOs a Roadmap for Enterprise AI Adoption
Jun 17, 2026
PARIS and NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- CAST, a leader in software mapping and intelligence technology, today announced the addition of AI insights in CAST Highlight, empowering CIOs and technology leaders to identify precisely where AI and agentic technologies will deliver the greatest business value across their software portfolios. While many organizations have spent the past two...
Planar Launches the Cobra Series with EverPixel Innovation for Pixel-Perfect LED
Planar Launches the Cobra Series with EverPixel Innovation for Pixel-Perfect LED
Jun 17, 2026
Industry leader debuts first family of LED video walls powered by new proprietary EverPixel and TruMicro LED technologies PORTLAND, Ore.--(BUSINESS WIRE)-- Today, Planar, a global leader in visualization technology, announced a breakthrough addition to the company’s portfolio of industry-leading visualization technologies with the launch of the Planar® Cobra™ Series. Powered by Planar’s proprietary EverPixel™ and TruMicro™ LED technologies, and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved