May 22 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:
** BHP's bid for Anglo American underlines
the growing appetite for energy transition metals like copper
from miners who must become more aggressive to secure new
projects or risk missing out, investors and mining CEOs said.
** Abu Dhabi National Oil Company (ADNOC) has acquired a 10%
stake in Galp's Area 4 concession in the
multi-billion-dollar natural gas project in the Rovuma basin in
Mozambique, it said, its first foray into the African country.
** Admiral Acquisition ( ADMNF ) will buy North American
engineering and lab-testing services provider Acuren in a $1.85
billion deal, the blank-check company co-founded by dealmaker
Martin E. Franklin said .
** Namoi Cotton asked shareholders to reject Dutch
commodity merchant Louis Dreyfus' A$138.6 million ($92.39
million) offer to take full control of the cotton ginning firm,
citing a better offer by Singapore's Olam Agri .
** Uruguay's antitrust regulator blocked Mexican breadmaking
giant Bimbo's planned purchase of local breadmaker Pagnifique on
Tuesday, citing risks to market concentration if Bimbo were able
to carry out the deal.
(Compiled by Rajarshi Roy and Jaiveer Shekhawat in Bengaluru)