financetom
Business
financetom
/
Business
/
Deals of the day-Mergers and acquisitions
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Deals of the day-Mergers and acquisitions
Nov 6, 2024 3:13 AM

Nov 6 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on

Wednesday:

** Private equity firm KKR has acquired a 35% stake

in Japanese software developer Fuji Soft after the

first part of its two-stage buyout tender offer, the latter said

in a statement.

** Japan's Itochu Corp ( ITOCF ) said that it agreed with

Brazil's steel company Companhia Siderúrgica Nacional (CSN) to

buy a 10.74% stake in CSN's iron ore unit CSN Mineracao (CM)

from CSN for about 4.42 billion real ($769 million).

** Emerson Electric ( EMR ) on Tuesday proposed to buy the

rest of AspenTech that it does not own at a valuation

of $15.1 billion, as the company looks to sharpen its focus on

industrial automation.

(Compiled by Rajarshi Roy and Kamal Choudhury in Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved