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Deals of the day-Mergers and acquisitions
Sep 6, 2024 12:04 PM

Sept 4 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** Blackstone will acquire Australian data centre

group AirTrunk for an implied enterprise value of over A$24

billion ($16.10 billion), it said, in what would be Blackstone's

largest investment in the Asia Pacific region.

** British warehouse owner Segro ( SEGXF ) will buy Tritax

EuroBox ( TTAXF ) in a deal valuing the European logistics real

estate firm at about 1.10 billion pounds ($1.44 billion)

including debt, the companies said.

** U.S. private equity firm KKR plans to launch its

tender offer for Fuji Soft shares on Thursday, from its

original plan of around mid-September, Bloomberg reported,

citing multiple unnamed sources.

** British investment group Petershill Partners ( PHLLF )

said it has sold its entire stake in investment manager LMR

Partners back to the company for $258 million.

** Australia's competition watchdog said it is seeking views

from the market on French spirits maker Pernod Ricard SA's

proposed deal to sell the majority of its domestic

wine portfolio to Carlyle Group's Accolade Wines.

** Dutch crop trader Louis Dreyfus said its takeover offer

for Namoi Cotton is no longer subject to conditions,

following approval from Australia's Foreign Investment Review

Board and the local competition regulator.

** Australia's Orora ( ORRAF ) said it would sell its North

American packaging business to U.S. private equity firm Clayton,

Dubilier & Rice-backed Veritiv for an enterprise value of A$1.78

billion ($1.19 billion), sending its shares soaring.

** Japan's biggest steelmaker Nippon Steel ( NISTF ), which

is seeking to acquire U.S. Steel, said if its purchase

goes ahead core senior management as well as a majority of board

members at the U.S. company would be U.S. citizens.

** Enterprise cloud firm Salesforce ( CRM ) on Tuesday said

it has agreed to acquire Tenyx, which develops artificial

intelligence-powered voice agents, to advance its AI-driven

solutions.

(Compiled by Rajarshi Roy and Vallari Srivastava in Bengaluru)

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