June 3 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Monday:
** Thai entertainment platform GMM Music said Tencent ( TCTZF )
and Tencent Music Entertainment ( TME ) will acquire
a 10% stake in the company for $70 million, solidifying its
spin-off plan.
** Blackstone raised its offer for Hipgnosis Songs
Fund ( HPGSF ) by a cent to $1.31 per share, valuing the music
rights owner of artists such as Shakira and Red Hot Chili
Peppers at $1.58 billion.
** APM Human Services International ( APMHF ) said it would
be bought by U.S.-based private equity firm Madison Dearborn
Partners (MDP) in a deal valuing the Australian company's equity
at A$1.3 billion ($865.2 million).
** Waste Management is nearing a deal to buy medical
waste disposal company Stericycle ( SRCL ) for roughly $7
billion, including debt, the Wall Street Journal reported on
Sunday.
** Skydance Media's revised offer to buy Shari Redstone's
family company National Amusements and merge with Paramount
Global ( PARAA ) gives the company's nonvoting shareholders an
option to cash out at a premium, the Wall Street Journal
reported on Sunday.
** Nippon Steel's ( NISTF ) vice chairman plans to return to
the United States this week for more talks over the proposed
acquisition of U.S. Steel and would study selling some
assets if necessary for the deal to go through.
(Compiled by Rajarshi Roy and Arasu Kannagi Basil in Bengaluru)