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Deals of the day-Mergers and acquisitions
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Deals of the day-Mergers and acquisitions
Jul 23, 2024 3:17 AM

July 23 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Grab, Southeast Asia's biggest ride-hailing and

food delivery firm, has bought Singaporean dining reservation

platform Chope for an undisclosed price, according to

confirmation from both companies.

** Italy's Eni is in exclusive talks, it said, with

investment company KKR over the sale of a minority stake

in Enilive, a deal that could value the biofuel unit at

11.5-12.5 billion euros ($12.5-$13.6 billion) including debt.

** German technology group Bosch has agreed to

acquire Johnson Controls' ( JCI ) and Hitachi's ( HTHIF )

residential ventilation businesses for around $8 billion, it

said, in the unlisted group's largest takeover to date.

** Israeli cybersecurity startup Wiz has ended talks with

Google-parent Alphabet on a reported $23 billion deal

in which it would have become the U.S. tech giant's largest-ever

acquisition, according to a Wiz memo seen by Reuters.

** Stephen Tindall, the founder and top investor in New

Zealand's Warehouse Group ( WHGPF ), will be backing a takeover

bid for his struggling company, the merchandise retailer said.

** Vista Outdoor ( VSTO ) said on Monday Czechoslovak Group

had raised the base purchase price for its ammunition business,

Kinetic Group, by $50 million to $2.15 billion.

** Telefonica Brasil said on Monday in a

securities filing that its unit TCloud signed a deal to buy

cloud service firms IPNET and IPNET USA for up to 230 million

reais ($41.29 million).

** Energy producer Woodside Energy ( WDS ) has agreed to

buy U.S. liquefied natural gas developer Tellurian,

including its U.S. Gulf Coast Driftwood LNG export project, for

$1.2 billion including debt, the Australian company said on

Monday.

(Compiled by Rajarshi Roy and Priyanka.G in Bengaluru)

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