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Deals of the day-Mergers and acquisitions
Aug 29, 2024 2:40 AM

Aug 27 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Zee Entertainment Enterprises along with Sony's ( SONY )

local unit and Bangla Entertainment have mutually

agreed to withdraw all claims against each other, the Indian

media giant said.

** Britain's Harbour Energy ( PMOIF ) said it expects to

complete the acquisition of Wintershall Dea's assets in early

September, versus its previous forecast of early in the fourth

quarter of the year.

** Two bidding groups led by Blackstone and IFM Investors

lodged final offers to buy Australian data centre group AirTrunk

in a transaction worth about A$20 billion ($13.55 billion),

according to two sources with direct knowledge of the matter.

** Australian pension fund Aware Super said it has acquired

a minority stake in London-headquartered bandwidth

infrastructure company euNetworks.

** Media veteran Edgar Bronfman Jr on Monday withdrew from

the race for Paramount Global ( PARAA ), clearing the way for

Skydance Media to take control of Shari Redstone's media empire

and ending one of the most chaotic media bidding wars in recent

history.

** Warburg Pincus and Australian real estate group Lendlease ( LLESF )

said their joint venture has acquired property assets

in Singapore for S$1.6 billion ($1.2 billion).

** Shareholders of South Korea's SK Innovation,

parent of the country's largest oil refiner and battery maker SK

On, approved a merger with energy affiliate SK E&S, Yonhap

reported.

** Drug distributor McKesson said on Monday it would

buy a controlling stake in community cancer center Florida

Cancer Specialists & Research Institute's (FCS) business and

administrative services unit for $2.49 billion in cash.

(Compiled by Rajarshi Roy and Arsheeya Bajwa in Bengaluru)

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