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Deals of the day-Mergers and acquisitions
Dec 12, 2024 3:02 AM

Dec 12 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on

Thursday:

** The London Stock Exchange Group ( LDNXF ) has sold its

4.92% stake in Belgium-based financial services provider

Euroclear for 455 million euros ($479 million) as it sharpens

its focus on product innovation expected in 2025 by exiting

non-core assets.

** South Korea will support smaller airlines and monitor

market competitiveness after dominant carrier Korean Air

completed a $1.3 billion acquisition of Asiana

Airlines to create one of Asia's biggest carriers.

** Blackstone said that it will acquire a high-end

office building in central Tokyo for $2.6 billion, a deal it

says is the biggest real estate investment by a foreign investor

in Japan.

** Some of the biggest investors in ReNew Energy Global ( RNW )

have offered to take the company private, filings to the

U.S. Securities And Exchange Commission (SEC) show, in a deal

that values the clean power generator at $2.82 billion,

according to Reuters calculations.

** Albertsons ( ACI ) and Kroger ( KR ) terminated their $25

billion merger plan on Wednesday after courts blocked the deal,

with the former suing its rival and alleging a breach of

contract that led to the deal's demise.

(Compiled by Rajarshi Roy and Kamal Choudhury in Bengaluru)

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