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Deals of the day-Mergers and acquisitions
Jun 5, 2024 3:28 AM

June 5 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** Mineral Resources said it entered a binding

agreement to sell 49% interest in its Onslow Iron project's

dedicated haul road for A$1.3 billion ($864.24 million) to an

infrastructure fund of Morgan Stanley.

** German software firm SAP said it will acquire

WalkMe ( WKME ), a Saas company headquartered in Tel

Aviv.

** Dollar Tree ( DLTR ) plans to explore options including a

potential sale or spinoff of Family Dollar, the Wall Street

Journal reported, citing people familiar with the

matter.

** Swisscom's Italian unit Fastweb has agreed to

sell its 4.5% stake in Telecom Italia's (TIM)

last-mile network business FiberCop to U.S. fund KKR,

the Swiss company said in a statement.

** Indonesian mining company PT Delta Dunia Makmur

said it will acquire Atlantic Carbon Group Inc for $122.4

million.

** Buyout firm Apollo Global Management ( APO ) will acquire

a 49% equity interest in a joint venture related to Intel's ( INTC )

new manufacturing facility in Ireland for $11 billion,

the companies said.

** Paramount Global Chair Shari Redstone is unhappy

with Skydance Media's reduced offer for the family's controlling

stake in the company, opening the door for rival bidders to make

their case, two sources familiar with the matter told Reuters.

(Compiled by Rajarshi Roy and Arasu Kannagi Basil in Bengaluru)

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