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Deals of the day-Mergers and acquisitions
Sep 9, 2024 4:06 AM

Sept 9 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Monday:

** Japan's Seven & i ( SVNDF ) said that Couche-Tard's low takeover

bid was the reason it would not agree to advisor talks between

the companies or to sign a non-disclosure agreement.

** Canada's Alimentation Couche-Tard ( ANCTF ) said it was

willing to engage in confidential discussions with Japanese

retail giant Seven & i Holdings ( SVNDF ) on its $38.5 billion

takeover offer, as it remains keen on pursuing a buyout.

** Shares of Hostmore plunged more than 70% as

the British restaurant operator dropped plans to buy TGI Fridays

after it was removed as the manager of TGIF Funding, which owns

the right to collect royalties from the pub chain franchise.

** Czech train maker Skoda is interested in a potential

merger with Spain's Talgo after the Spanish government

struck down a takeover bid by a Hungarian consortium, Spanish

newspaper El Economista reported, citing Chief Operating Officer

Zdenek Svata.

** Swedish investment firm EQT has agreed to

acquire a controlling stake in global healthcare outsourcing

firm GeBBS Healthcare Solutions for over $850 million, two

people with knowledge of the deal said.

** Canadian methanol producer Methanex ( MEOH ) said on

Sunday it will acquire Dutch green fuel-maker OCI Global's

methanol business in a $2.05 billion deal.

(Compiled by Rajarshi Roy and Priyanka.G in Bengaluru)

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