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Deals of the day-Mergers and acquisitions
May 13, 2024 4:39 AM

May 13 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 11:20 GMT on Monday:

** Private equity firm Permira will take Squarespace ( SQSP )

private in an all-cash deal valued at about $6.9

billion, the website-design platform said on Monday.

** Hong Kong-listed ESR Group ( ESRCF ) said on Monday it

has received a buyout offer from a consortium of investors

including Starwood Capital and SSW Partners, in a move to

privatise the real estate fund manager.

** Private equity firm EQT said it had made a

recommended cash offer to buy Swedish renewable energy group OX2

for 16.4 billion crowns ($1.51 billion).

** Hong Kong-listed real estate fund manager ESR Group ( ESRCF )

, which halted trading in its shares, is subject to a

potential take-private bid from a group of investors including

Starwood Capital Group, three people with knowledge of the

matter said.

** French food retailer Casino said it has sold

10.15 % of its remaining stake in renewable energy unit

GreenYellow for 46 million euros to investment fund Ardian and

French state-backed investment bank Bpifrance.

** U.S> Senate Majority Leader Chuck Schumer on Sunday urged

the Federal Trade Commission to "pump the breaks" on Chevron

Corp's ( CVX ) proposed $53 billion acquisition of Hess Corp ( HES )

.

(Compiled by Rajarshi Roy and Abhinav Parmar in Bengaluru)

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