Oct 8 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1015 GMT on Tuesday:
** Honeywell ( HON ) said on Tuesday it would spin off its
advanced materials business, which makes products used in
everything from bullet-resistant armor to pharmaceutical
packaging.
** Asset manager Ares Management Corp ( ARES ) said on
Tuesday it will buy the international business of GLP Capital
Partners in a deal valued at $3.7 billion.
** Britain's Vodafone ( VOD ) said on Tuesday it has
deepened its strategic partnership with Alphabet's
Google in a ten-year, billion dollar plus deal that will bring
the U.S. tech giant's new generative AI-powered devices to
customers across Europe and Africa.
** Holcim has bought U.S. insulation systems OX
Engineered Products, the cement maker said on Tuesday, its
latest bolt-on acquisition to expand its products and solutions
business.
** Indonesian state-controlled miner PT Aneka Tambang
(Antam) has acquired a 30% stake worth $102 million in
a smelter owned by a subsidiary of Chinese stainless steel giant
Tsingshan Holding Group, the company said in an exchange filing.
** The chief of South Korea's Financial Supervisory Service
ordered a probe into tender offers for Korea Zinc
shares to monitor for any unfair trade practices, the financial
watch dog said in a statement.
** China's WuXi AppTec, said on
Tuesday it was assessing options for continuing its cell and
gene therapy manufacturing business, WuXi Advanced Therapies,
but it has not entered any binding deals regarding the
operations.
(Compiled by Puyaan Singh in Bengaluru)