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
Apr 10, 2024 2:58 AM

April 10 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** Spanish drug maker Grifols. plans to meet its

debt payments in 2025 with the proceeds of new senior secured

notes and the sale of its 20% stake in Shanghai RAAS

to Haier Group, it said.

** Italy's Italgas, Europe's biggest gas

distributor, has made a preliminary offer worth 4-5 billion

euros ($4.3-5.4 billion) for its main domestic rival 2i Rete

Gas, Corriere della Sera daily reported .

** U.S. rare-earths producer MP Materials ( MP ) said

Australian billionaire Gina Rinehart's mining firm had taken a

5.3% stake in the company, expanding her investments in the

mineral ore sector.

(Compiled by Rajarshi Roy and Anuja Bharat Mistry 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 >
RBC Capital Markets Change Price Targets for Certain North American Precious Metals Equities
RBC Capital Markets Change Price Targets for Certain North American Precious Metals Equities
Mar 13, 2025
11:28 AM EDT, 03/13/2025 (MT Newswires) -- RBC Capital Markets on Thursday provided price-target changes for the shares of North American precious metals companies under its coverage. Franco-Nevada's ( FNV ) price target rose to US$160.00 from US$155.00 while Triple Flag Precious Metals' ( TFPM ) price target was bumped to US$19.00 from US$18.00. The price target for Wheaton Precious...
UAE aluminium exports to US jump ahead of Trump tariffs, data shows
UAE aluminium exports to US jump ahead of Trump tariffs, data shows
Mar 13, 2025
By Abinaya V DUBAI (Reuters) - United Arab Emirates exports of aluminium to the U.S. jumped in the first 11 days of March, data from the U.S. Department of Commerce showed, as buyers stocked up on shipments from their second-biggest supplier before the U.S. tariffs took effect on Wednesday. So far in March, the UAE exported 68,560.29 metric tons of...
Wells Fargo's Recent Stock Weakness Gives Investors Good Entry Point, RBC Says
Wells Fargo's Recent Stock Weakness Gives Investors Good Entry Point, RBC Says
Mar 13, 2025
11:23 AM EDT, 03/13/2025 (MT Newswires) -- Wells Fargo's ( WFC ) recent share price decline provides investors with a good entry point to buy stock, RBC Capital Markets in a note to clients Thursday. Wells Fargo ( WFC ), under Chief Executive Charlie Scharf, has been able to address its regulatory issues, RBC said. Wells Fargo's ( WFC )...
The State of DAO M&A
The State of DAO M&A
Mar 13, 2025
In late 2021, two DeFi DAOs — Fei Protocol and Rari Capital — embarked on what was supposed to be a transformative merger. The idea was simple: Fei, with its algorithmic stablecoin, would join forces with Rari, a pioneer in permissionless lending pools, to create a DeFi powerhouse governed by a single DAO. Their communities approved the merger with overwhelming...
Copyright 2023-2026 - www.financetom.com All Rights Reserved