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 19, 2024 8:36 PM

Nov 19 (Reuters) - The following bids, mergers,

acquisitions, and disposals were reported by 1030 GMT on

Tuesday:

** U.S. activist investor Elliott Management has taken a

5.03% stake in Tokyo Gas ( TKGSF ), a regulatory filing showed,

as it seeks to push Japan's biggest city-gas provider to boost

shareholder value.

** Packaging company Amcor Plc ( AMCCF ), agreed to

buy peer Berry in an all-stock deal valuing the latter

at $8.43 billion, the companies said.

** Bayer struck a collaboration deal with U.S.

biotech firm Cytokinetics ( CYTK ) to acquire certain rights in

Japan to an experimental heart drug, as the German group

strengthens its cardiovascular business with smaller

deals.

** Australia's Sayona Mining ( SYAXF ) will buy U.S.-based

Piedmont Lithium ( PLL ) in an all-stock deal that will

consolidate its Canadian operations and strengthen its exposure

to the North American electric vehicle sector, the companies

said.

** Donald Trump's social media company is in advanced talks

to buy crypto trading firm Bakkt ( BKKT/WS ), the Financial Times

reported on Monday, citing two people with knowledge of the

talks.

** Building products distributor QXO has made an

offer to acquire Beacon Roofing Supply ( BECN ), according to a

person familiar with the matter.

** Orla Mining ( ORLA ) will buy the Musselwhite Gold Mine

in Ontario from Newmont ( NEM ) in a deal valued at $850 million

that will help more than double its production of the precious

metal, the Canadian miner said on Monday.

(Compiled by Rajarshi Roy and Pooja Menon 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 >
Solowin, MaiCapital Collaborate on Virtual Asset Management Services; Shares Drop
Solowin, MaiCapital Collaborate on Virtual Asset Management Services; Shares Drop
May 28, 2024
10:29 AM EDT, 05/28/2024 (MT Newswires) -- Solowin Holdings ( SWIN ) said Tuesday it has partnered with MaiCapital to broaden its virtual asset allocation opportunities. Under the terms, Solowin ( SWIN ) will acquire a 2.47% equity stake, or 199,210 ordinary shares, in BA Fintech Lab, the parent company of MaiCapital. Additionally, Solowin's ( SWIN ) subsidiary Solomon JFZ...
Sol-Gel Technologies Gets Noncompliance Notice From Nasdaq
Sol-Gel Technologies Gets Noncompliance Notice From Nasdaq
May 28, 2024
10:28 AM EDT, 05/28/2024 (MT Newswires) -- Sol-Gel Technologies ( SLGL ) said Tuesday the Nasdaq has notified it of its noncompliance with the exchange's minimum bid price rule for continued listing. The company said it has until Nov. 18 to regain compliance and would assess all available options to address the deficiency. Shares of the company were 2.3% higher...
Applied DNA Sciences Prices $12 Million Public Offering of Units
Applied DNA Sciences Prices $12 Million Public Offering of Units
May 28, 2024
10:28 AM EDT, 05/28/2024 (MT Newswires) -- Applied DNA Sciences ( APDN ) said Tuesday it has priced a public offering of about 9.2 million units for gross proceeds of about $12 million. Each unit will consist of one common share or one pre-funded warrant, along with one series A warrant and one series B warrant. The unit with a...
QUOTES-Wall Street braces for faster trade settlement
QUOTES-Wall Street braces for faster trade settlement
May 28, 2024
May 28 (Reuters) - U.S. trading moved to a shorter settlement on Tuesday, which regulators hope will reduce risk and improve efficiency in the world's largest financial market but may temporarily lead to a rise in transaction failure for investors. Here are some reactions: JEFF NAYLOR, CHIEF INDUSTRY OPERATIONS OFFICER AT THE INVESTMENT COMPANY INSTITUTE: ICI has worked closely with...
Copyright 2023-2026 - www.financetom.com All Rights Reserved