financetom
Business
financetom
/
Business
/
Deals of the day-Mergers and acquisitions
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Deals of the day-Mergers and acquisitions
Jun 14, 2024 3:34 AM

June 14 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1000 GMT on Friday:

** Vodafone Group ( VOD ) is looking to sell its entire $2.3

billion stake in India's Indus Towers through stock

market block deals next week, two sources with direct knowledge

said, part of the British firm's effort to repay

debt

** French oil and gas major TotalEnergies will

sell its Brunei business to Malaysian independent exploration

and production firm Hibiscus Petroleum for $259.4

million, both companies said

** Germany's antitrust regulator has cleared plans of Czech

billionaire Daniel Kretinsky's EP Corporate Group to acquire a

stake in Thyssenkrupp's steel division, the agency

said

** Japan's Kirin Holdings ( KNBWF ) said it was offering

220.7 billion yen ($1.4 billion) to acquire the rest of skin

care brand Fancl Corp as the beer maker continues to

pivot toward the health and wellness businesses

** Britain's competition regulator launched a formal

investigation into homebuilder Barratt's 2.52 billion

pound ($3.21 billion) all-stock deal to buy smaller rival Redrow ( RDWWF )

to examine whether it has the potential to hurt

competition

(Compiled by Rajarshi Roy in Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Orvana Minerals Fiscal Q1 Gold Equivalent Production Rises; Don Mario Project in Bolivia 3.5% Completed
Orvana Minerals Fiscal Q1 Gold Equivalent Production Rises; Don Mario Project in Bolivia 3.5% Completed
Jan 16, 2025
07:35 AM EST, 01/16/2025 (MT Newswires) -- Orvana Minerals ( ORVMF ) reported Thursday an increase in gold equivalent production from the Orovalle operation in Spain for the first quarter of its fiscal 2025. The company produced 9,694 ounces of gold equivalent for the three months ended Dec. 31, rising from 9,550 ounces. Orvana's output comprised 7,631 ounces of gold,...
Polestar expects delayed profitability as demand for EVs weakens, competition hurts
Polestar expects delayed profitability as demand for EVs weakens, competition hurts
Jan 16, 2025
Jan 16 (Reuters) - Polestar CEO said it would take longer for the Swedish EV maker to be profitable after the company reported it sold fewer cars in 2024 than it had projected, sending the company's U.S.-listed shares down about 8% in premarket trading. The company, backed by China's Geely, has struggled to scale up its business amid weakening demand...
Market Chatter: Apple in Talks With Barclays and Synchrony for Credit Card Partnership
Market Chatter: Apple in Talks With Barclays and Synchrony for Credit Card Partnership
Jan 16, 2025
07:32 AM EST, 01/16/2025 (MT Newswires) -- Apple ( AAPL ) is in discussions with Barclays ( JJCTF ) to replace Goldman Sachs ( GS ) as its credit card partner, Reuters reported Thursday, citing two sources familiar with the matter. Goldman Sachs ( GS ) has a deal with Apple ( AAPL ) until 2030, however, the bank is...
Goodfood Market Invests in Bitcoin as Long-Term Strategy
Goodfood Market Invests in Bitcoin as Long-Term Strategy
Jan 16, 2025
07:29 AM EST, 01/16/2025 (MT Newswires) -- Goodfood Market ( GDDFF ) on Thursday said it is adopting Bitcoin investment as a treasury reserve asset to strengthen its balance sheet and create long-term shareholder value. The company completed an initial Bitcoin investment of about $1 million through a spot Exchange-Traded Fund and plans to strategically increase holdings by investing part...
Copyright 2023-2026 - www.financetom.com All Rights Reserved