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Deals of the day-Mergers and acquisitions
Nov 1, 2024 11:02 PM

Oct 24 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Thursday:

** Keurig Dr Pepper ( KDP ) has struck a deal to acquire

energy-drink maker Ghost for more than $1 billion, the Wall

Street Journal reported, citing people familiar with the

matter.

** Czech defence and industrial firm Czechoslovak Group

(CSG) said it will acquire IFF's nitrocellulose business

in Germany and the industrial park where it is located, part of

expansion in chemicals serving the defence industry.

** Eramet has bought out Chinese partner Tsingshan

in a lithium project in Argentina that is about to begin

production, the French miner said.

** U.S. fund KKR is buying a 25% stake in Italian

energy group Eni's biofuel business Enilive, in a deal

that values the unit at 11.75 billion euros ($12.7 billion)

including debt.

** Japanese conglomerate Seven & i Holdings ( SVNDF ) laid

out a growth plan that focused on its core 7-Eleven convenience

stores and avoided any mention of a $47 billion takeover bid

from Canada's Alimentation Couche-Tard ( ANCTF ).

** Asset manager HMC Capital ( HMCLF ) will acquire Global

Switch Australia in A$1.94 billion ($1.29 billion) deal, the

Australian firm said, as the company looks to tap into the

booming data centre sector.

** Qube's ( QUBHF ) deal to buy Melbourne's RoRo terminal has

raised concerns, Australia's competition watchdog said, as it

would potentially gain further interest in a part of the

automotive delivery supply chain at the Port of

Melbourne.

** Offshore drilling provider Transocean is in

talks to merge with rival Seadrill Ltd ( SDRL ), Bloomberg News

reported on Wednesday, citing people familiar with the

matter.

** Shell plc ( SHEL ) said on Wednesday its unit, Shell

Energy North America (SENA), has agreed to acquire RISEC

Holdings, the owner of a 609-megawatt gas power plant in Rhode

Island.

(Compiled by Rajarshi Roy and Rishi Kant in Bengaluru)

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