financetom
Business
financetom
/
Business
/
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
Mar 6, 2024 3:17 AM

March 6 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on

Wednesday:

** One of Boeing's ( BA ) biggest customers, Dubai carrier

Emirates, threw its support behind a possible Boeing ( BA ) takeover of

Spirit AeroSystems ( SPR ), saying it would be a step towards

resolving the planemaker's industrial crisis.

** Italian shipbuilder Fincantieri is in talks with

Leonardo to buy the defence group's submarine unit

Whitehead Alenia Sistemi Subacquei (Wass), several newspapers

reported, sending its shares up more than 5%.

** The new price guidance in Piraeus Bank offering

was set at 3.9-4.0 euros per share, Greece's bank bailout fund

(HFSF) said.

** A consortium of investors in London Stock Exchange Group ( LDNXF )

sold about 1.9 billion pounds ($2.41 billion) of shares

in the London bourse owner, as it looks to cash in on rising

interest in LSEG's transition into a financial data powerhouse.

** Activist fund Oasis Management has bought a 9.6% stake in

Japan's Ain Holdings, sending the pharmacy operator's

shares 15% higher to their daily limit.

** Australia's fourth-biggest bank ANZ Group ( ANZGF ) said

it had agreed to sell around 546 million shares, or 16.5%

interest, in Malaysian lender AMMB Holdings (AmBank)

for about 2.10 billion ringgit ($443.69 million).

** Australian pension fund UniSuper said it had bought an

undeveloped site next to Sydney's planned new international

airport to develop a logistic hub worth around A$3.9 billion

($2.5 billion), its second major property deal in three weeks.

** Brazilian airline Azul said on Tuesday it has

not negotiated or approved any specific deal, as Bloomberg News

reported on Monday the company mulls the acquisition of its

rival Gol.

** Cadence Design Systems ( CDNS ) will buy BETA CAE Systems

International AG, which makes software for analyzing car and jet

engine designs, for $1.24 billion in cash and stock, Cadence

said on Tuesday.

(Compiled by Rajarshi Roy and Vallari Srivastava 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 >
La-Z-Boy to Buy La-Z-Boy Furniture Galleries Stores in Southeast
La-Z-Boy to Buy La-Z-Boy Furniture Galleries Stores in Southeast
Jul 14, 2025
04:47 PM EDT, 07/14/2025 (MT Newswires) -- La-Z-Boy ( LZB ) said late Monday it has struck a deal to acquire a La-Z-Boy Furniture Galleries store network in the southeast region from Atlanta Furniture Galleries. The acquisition of 15 stores will bring company-owned count to 220, 60% of its total network, the company said. The business generated about $80 million...
Anavex Life Sciences Files for $300 Million Stock Sale
Anavex Life Sciences Files for $300 Million Stock Sale
Jul 14, 2025
04:48 PM EDT, 07/14/2025 (MT Newswires) -- Anavex Life Sciences ( AVXL ) filed a registration statement late Monday for the sale of up $300 million of common shares from time to time. The company plans to use the net proceeds for working capital and general corporate purposes. Shares of the company fell 1.1% in recent after-hours activity. Price: 11.35,...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Bank of America Plans Redemption of $2 Billion of Senior Notes
Bank of America Plans Redemption of $2 Billion of Senior Notes
Jul 14, 2025
04:47 PM EDT, 07/14/2025 (MT Newswires) -- Bank of America ( BAC ) said late Monday it will redeem all $2 billion principal amount outstanding of its 4.83% fixed/floating rate senior notes due July 2026. The redemption price is equal to 100% of the principal amount of the notes plus interest and has the redemption date of July 22. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved