Aug 16 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Friday:
** Swedish investment firm EQT AB will acquire
PropertyGuru ( PGRU ) in an all-cash deal, valuing the
Singapore-based online real estate platform at $1.1 billion, the
companies said.
** Deutsche Bank has proposed a settlement to
shareholders who sued Germany's largest bank for underpaying
them for the acquisition of Postbank but the offer is too low, a
lawyer for the plaintiffs said.
** New Zealand-based freight forwarder Mondiale VGL has
started a sale process of itself, eyeing a valuation of more
than NZ$1 billion ($602 million), two people with knowledge of
the matter said.
** Sweden's EQT said it has agreed to acquire
KJ Environment and affiliated companies from Seoul-based
investment firm Genesis Private Equity to establish a waste
treatment platform in South Korea.
** Supermarket chain Kroger ( KR ) plans to lower grocery
prices by $1 billion after the completion of its proposed $25
billion merger with smaller rival Albertsons ( ACI ), a company
spokesperson said on Thursday.
** Seagram heir and media industry executive Edgar Bronfman
Jr. is preparing an offer for National Amusements, the family
company that controls Paramount Global ( PARAA ), a source
familiar with the matter said.
(Compiled by Rajarshi Roy and Pritam Biswas in Bengaluru)