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Deals of the day-Mergers and acquisitions
Jul 30, 2024 2:59 AM

July 30 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Japanese trading house Sojitz ( SZHFF ) said it had bought

the takeout sushi businesses of Sushi Avenue Inc in the United

States for an undisclosed sum, as part of a drive to expand its

seafood operations.

** AXA IM Prime, a unit of AXA Investment Managers, will

acquire a 20% stake in French private credit firm Rivage

Investment, the two companies said in a joint statement.

** Hewlett Packard Enterprise ( HPE ) is expected to

secure unconditional EU antitrust approval for its $14 billion

acquisition of networking gear maker Juniper Networks ( JNPR ),

people familiar with the matter said.

** Global miner BHP Group ( BHP ) and Canada-listed Lundin

Mining ( LUNMF ) will jointly take over developer Filo Corp ( FLMMF )

for C$4.5 billion ($3.25 billion), the companies said,

as they move to progress the South American projects.

** Regional lender Renasant Corp ( RNST ) has agreed to buy

smaller rival The First Bancshares in an all-stock deal

valued at $1.2 billion, the Mississippi-based banks said.

** Investment firm Pondera Holdings is exploring options for

Whisker, including a sale of its controlling stake that could

value the maker of self-cleaning cat litter boxes at close to $1

billion, according to people familiar with the matter.

** Hedge funds Nut Tree Capital Management and Caspian

Capital have made a sweetened bid to acquire fuels storage and

transporter Martin Midstream Partners ( MMLP ), according to a

letter seen by Reuters.

** Investment firm Sixth Street will acquire Enstar ( ESGR )

for $5.1 billion, in a deal backed by former Treasury Secretary

Steven Mnuchin and billionaire J Christopher Flowers, the

insurer said.

(Compiled by Rajarshi Roy and Harshita Mary Varghese in

Bengaluru)

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