Oct 21 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Monday:
** China's state-owned CITIC Ltd ( CTPCF ) has agreed to
sell its 19.23% stake in Fast Food Holdings, the company behind
McDonald's China and Hong Kong operations, to Trustar Fast Food
Holdings for $430.3 million.
** Polish software firm TTMS is planning a European
acquisition in 2025, focusing on Scandinavia, Germany, and
Switzerland, while takeovers in the U.S. will probably be
conducted in 2026-27, its CEO Sebastian Sokolowski said on a
press call.
** Shares in Dutch coffee maker JDE Peet's surged
more than 16% after German conglomerate JAB said it will
increase its majority stake to 68% by acquiring all of
Mondelez's ( MDLZ ) shares in a 2.2 billion euro ($2.4 billion)
deal.
** Swedish investment firm EQT AB has formed a
consortium with Neuberger Berman Private Markets and Canada
Pension Plan Investment Board (CPPIB) to acquire international
schools operator Nord Anglia Education for $14.5 billion, it
said.
** Norway's largest bank DNB has agreed to buy
Swedish investment bank and asset manager Carnegie from private
equity firm Altor and minority owners for around 12 billion
Swedish crowns ($1.14 billion), it said.
** Adar Poonawalla, CEO of vaccine maker Serum Institute of
India, will buy a 50% stake in filmmaker Karan Johar's Dharma
Productions for 10 billion rupees ($119 million), the Bollywood
studio said.
** French drugmaker Sanofi said it had entered
exclusive talks to sell a 50% controlling stake in its consumer
health business Opella to U.S. private equity firm Clayton
Dubilier & Rice (CD&R).
** New York-based insurer MetLife Inc ( MET ) is in advanced
talks to buy PineBridge Investments' assets outside of China in
a deal that could be valued at $1 billion to $1.5 billion,
Bloomberg News reported.
** UBS is offloading part of the Credit Suisse
business it acquired last year, with a deal to sell the fallen
bank's 50% stake in credit card provider Swisscard.
(Compiled by Rajarshi Roy and Rishi Kant in Bengaluru)