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
Aug 8, 2024 3:06 AM

Aug 8 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Thursday:

** Swedish financial investor EQT said on

Wednesday it will acquire a majority stake in Swiss

cybersecurity and data protection company Acronis.

** U.S. private equity firm KKR & Co ( KKR ) will launch a

tender offer for Japan's Fuji Soft, the companies said,

in a 558.4 billion yen ($3.8 billion) deal to take the software

developer private.

** Savannah Energy said on Wednesday it has

terminated the planned $1.25 billion purchase of Malaysia's

state energy firm Petronas' oil and gas business in South Sudan,

as the parties could not close the deal on the originally

envisaged terms.

** UK's competition regulator said its phase 1 review into

homebuilder Barratt's 2.52 billion pound ($3.21

billion) all-stock deal to buy smaller rival Redrow ( RDWWF ) had

raised concerns in the local area around a Barratt development.

** Australia's Pacific Smiles ( PCSGF ) said its shareholders

have voted against National Dental Care's (NDC) A$327.1 million

($214.5 million) takeover offer.

** Walt Disney ( DIS ) said on Wednesday it may have to pay

up to $5 billion more to buy Comcast's ( CMCSA ) minority stake

in Hulu, if an appraiser were to agree with Comcast's ( CMCSA ) assessment

that the stake should be valued at more than $40 billion.

** Equity Residential ( EQR ) has agreed to acquire 11

apartment properties located in its expansion markets such as

Atlanta and Denver from Blackstone for about $964

million, the companies said on Wednesday.

(Compiled by Rajarshi Roy and Priyanka.G 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 >
BRIEF-PG&E Says Co And Kkr Enter Exclusive Talks On Strategic Partnership In Pacific Generaton Transaction
BRIEF-PG&E Says Co And Kkr Enter Exclusive Talks On Strategic Partnership In Pacific Generaton Transaction
Apr 30, 2024
April 30 (Reuters) - * PG&E ( PCG ): PG&E AND KKR ENTER EXCLUSIVE TALKS ON STRATEGIC PARTNERSHIP IN PACIFIC GENERATON TRANSACTION * UNDER PROPOSED TRANSACTION, PG&E WOULD REMAIN MAJORITY OWNER AND OPERATOR OF PACIFIC GENERATION * HAS ENTERED INTO EXCLUSIVE NEGOTIATIONS TO SELL A MINORITY INTEREST IN PACIFIC GENERATION TO KKR'S INFRASTRUCTURE STRATEGY Further company coverage: ...
ONEOK Q1 EPS Falls, Revenue Rises
ONEOK Q1 EPS Falls, Revenue Rises
Apr 30, 2024
05:02 PM EDT, 04/30/2024 (MT Newswires) -- ONEOK ( OKE ) reported Q1 earnings late Tuesday of $1.09 per diluted share, down from $2.34 a year earlier. Analysts polled by Capital IQ expected $1.16. Revenue for the quarter ended March 31 was $4.78 billion, up from $4.52 billion a year earlier. The company said it updated its 2024 guidance and...
--Diamondback Energy Declared Q1 Base Cash Dividend of $0.90 a Share, Payable May 22 to Holders of Record May 15
--Diamondback Energy Declared Q1 Base Cash Dividend of $0.90 a Share, Payable May 22 to Holders of Record May 15
Apr 30, 2024
04:50 PM EDT, 04/30/2024 (MT Newswires) -- Price: 199.00, Change: -2.13, Percent Change: -1.06 ...
UnitedHealth hackers used stolen login credentials to break in, CEO says
UnitedHealth hackers used stolen login credentials to break in, CEO says
Apr 30, 2024
(This April 29 story has been corrected to fix the headline and paragraph 1, and updated to clarify the breach occurred due to stolen credentials, not a Citrix vulnerability, in paragraphs 5 and 6) By Zeba Siddiqui SAN FRANCISCO (Reuters) - Hackers breached UnitedHealth's tech unit on Feb. 12 by using stolen login credentials that gave them remote access to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved