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 18, 2024 1:23 PM

(Adds Bentley Systems, TAQA, Hipgnosis Songs Fund ( HPGSF ))

April 18 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1945 GMT on

Thursday:

** Nashville-based independent music company Concord has

agreed to buy Britain's Hipgnosis Songs Fund ( HPGSF ) for $1.4

billion, the companies said, to gain rights to the catalogues of

artists including Shakira and Neil Young.

** Coventry Building Society has offered to buy Britain's

Co-operative Bank for 780 million pounds ($971 million) in cash,

in the latest attempted tie-up among UK lenders jostling for

market share amid fickle demand for loans.

** U.S. law firms Troutman Pepper Hamilton Sanders and Locke

Lord said they are in talks to merge, in what would be the

largest law firm combination to emerge so far this year.

** Europe's biggest private equity firm CVC Capital Partners

has approached accounting giant Ernst & Young (EY) in a bid to

buy its Italian consulting arm, the Financial Times reported on

Thursday, citing people familiar with the matter.

** An effort to force TikTok's Chinese owner, ByteDance, to

sell the social media app or face a ban in the U.S. was gaining

steam in Congress , with the House of Representatives setting a

vote for Saturday and a key Senate Democrat voicing support for

the move.

** Bentley Systems ( BSY ), an engineering software company

with a market value of about $15 billion, is exploring options

that include a sale after attracting acquisition interest,

according to people familiar with the matter.

** Israel's Nilit, a maker of 6.6 nylon fibres for the

apparel industry, has formed a joint venture with China's Shenma

Industry Co that will significantly expand production capacity

within the Asian country, it said.

** Mexican state oil firm Pemex has agreed to hand over

control of its Lakach natural gas project in the Gulf of Mexico

to Grupo Carso, a company belonging to Mexican billionaire

Carlos Slim, El Heraldo columnist Dario Celis reported.

** Spain's Energy Minister Teresa Ribera said that it was

still too early for the government to evaluate a potential stake

in Spanish energy firm Naturgy in view of a possible

takeover bid by Abu Dhabi's TAQA

** Sri Lankan telecom operator Dialog Axiata has

signed a definitive agreement to buy Bharti Airtel's

operations in the island nation, the companies said, nearly a

year after the merger was announced.

** French media group Vivendi's Canal+ said on

Thursday that it has bought 3.7 million shares in South African

broadcaster MultiChoice to increase its stake to

40.83%.

(Reporting by Priyanka.G and Pratyush Thakur 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 >
Ondas to Acquire Controlling Interest in 4M Defense, Integrating Smart Demining Capabilities, Terrestrial and Subsurface Robotics, and AI-Powered Intelligence Platform
Ondas to Acquire Controlling Interest in 4M Defense, Integrating Smart Demining Capabilities, Terrestrial and Subsurface Robotics, and AI-Powered Intelligence Platform
Oct 27, 2025
Strategic acquisition unlocks smart demining capabilities through a multi-layered, AI-powered analytics platform and integrated robotic systems developed by an elite Israeli defense engineering team World Bank estimates full demining of Ukraine at roughly US $34.6 billion with additional countries and territories worldwide with Contamination of landmines and unexploded ordnance (UXOs) with some 110 million mines and other explosive remnants still...
Multi Ways Holdings Announces $5.4 Million Purchase of 21 SANY Cranes
Multi Ways Holdings Announces $5.4 Million Purchase of 21 SANY Cranes
Oct 27, 2025
SINGAPORE, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ( MWG ) (“Multi Ways,” the “Company” or the “Issuer”) , a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, is pleased to announce it has placed additional new orders for 21 Sany cranes for approximately S$7.0...
Equitable Announces Acquisition of Stifel Independent Advisors
Equitable Announces Acquisition of Stifel Independent Advisors
Oct 27, 2025
Transaction accelerates growth strategy for Equitable’s Wealth Management business NEW YORK--(BUSINESS WIRE)-- Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. ( EQH ) , announced today that its affiliate has entered into an agreement to acquirei Stifel Independent Advisors, LLC. The transaction is expected to close in the first quarter of 2026, subject to...
B&G Foods Announces Agreement to Sell the Green Giant brand in Canada to Nortera Foods
B&G Foods Announces Agreement to Sell the Green Giant brand in Canada to Nortera Foods
Oct 27, 2025
— Continues to Evaluate a Possible Divestiture of Green Giant U.S. Frozen Product Line — PARSIPPANY, N.J.--(BUSINESS WIRE)-- B&G Foods, Inc. ( BGS ) announced today that it has entered into an agreement to sell the Green Giant and Le Sieur frozen and shelf-stable vegetable product lines in Canada to Nortera Foods. B&G Foods ( BGS ) expects the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved