(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)