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 15, 2024 3:22 AM

March 15 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Friday:

** U.S. Steel Corp, which has agreed to be bought by

Japan's Nippon Steel ( NISTF ) for $14.9 billion, must remain a

domestically owned American firm, President Joe Biden said on

Thursday - expressing explicit opposition to the deal for the

first time.

** Swisscom said it will buy Vodafone Italia for 8

billion euros ($8.70 billion) and merge the business with its

Italian subsidiary Fastweb.

** Polish refiner Orlen said it signed an agreement to sell

Gas Storage Poland, the country's gas storage operator, to the

state run gas-pipeline operator Gaz-System.

** British competition regulator said it is looking into

homebuilder Barratt's 2.52-billion-pound ($3.21

billion) all-stock deal to buy smaller rival Redrow ( RDWWF ).

** Euro zone's largest bank BNP Paribas is

considering a potential acquisition of Chinese conglomerate

Fosun International's ( FOSUF ) stake in Belgian insurer Ageas

, Bloomberg News reported on Thursday, citing people

with knowledge of the matter.

(Compiled by Rajarshi Roy and Pratik Jain 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 >
Vox Royalty Executes Binding Deal to Acquire Wyloo North Iron Ore Royalty in Western Australia for $1 Million
Vox Royalty Executes Binding Deal to Acquire Wyloo North Iron Ore Royalty in Western Australia for $1 Million
Aug 25, 2025
09:58 AM EDT, 08/25/2025 (MT Newswires) -- Vox Royalty ( VOXR ) said Monday that it has executed a binding agreement to purchase an iron ore royalty over the Wyloo North iron ore project in the Pilbara region of western Australia from an Australian company for 1.5 million Australian dollars ($974,497). The project is currently operated by Fortescue Metals Group,...
Hudson Pacific Properties Refinances Loan for Seattle Office Tower
Hudson Pacific Properties Refinances Loan for Seattle Office Tower
Aug 25, 2025
09:27 AM EDT, 08/25/2025 (MT Newswires) -- Hudson Pacific Properties ( HPP ) said Monday that it refinanced a loan it secured for an office building in Seattle, Washington. The company said the building in which it holds a 55% stake is a 668,000-square foot class A office tower that is 99%-leased. The five-year, interest-only loan has a 6.16% fixed...
BioRem Up 10% Q2 Net Earnings More Than Doubles; Expects Backlog To Support Growth In Second Half
BioRem Up 10% Q2 Net Earnings More Than Doubles; Expects Backlog To Support Growth In Second Half
Aug 25, 2025
09:59 AM EDT, 08/25/2025 (MT Newswires) -- BioRem ( BIRMF ) was up 10% at last look on Monday after saying second-quarter net earnings more than doubled on higher revenue, and it expects backlog to support strong revenues and earnings in the second half of the year. The company, which manufactures air emissions control systems used to eliminate odors, and...
Ormat Technologies Signs 25-Year Power Purchase Deal Extension With Southern California Public Power Authority
Ormat Technologies Signs 25-Year Power Purchase Deal Extension With Southern California Public Power Authority
Aug 25, 2025
09:59 AM EDT, 08/25/2025 (MT Newswires) -- Ormat Technologies ( ORA ) said Monday that it signed a 25-year extension to its current power purchase agreement with the Southern California Public Power Authority for 52 megawatts from the Heber 1 geothermal facility located in Southern California. The company said the extension deal is effective February 2026 through 2052, ensuring the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved