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
Dec 13, 2024 3:10 AM

Dec 13 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on Friday:

** Swiss technology firm SoftwareOne Holding

confirmed that it is in advanced discussions to acquire

Norwegian rival Crayon Group Holding ( CRAYF ) for a

consideration of cash and shares.

** Australia's Insignia Financial ( IOOFF ) said it has

received a non-binding takeover all-cash proposal from private

equity Bain Capital, valuing the 178-year-old wealth manager at

A$2.67 billion ($1.70 billion), in another bid that represents

growing interest in the country's investment managers.

** Upbound Group ( UPBD ) said on Thursday it reached

agreement on a $460 million cash-and-stock deal for Brigit, a

financial technology company that has been backed by investors

including the venture capital firms of actor Ashton Kutcher and

basketball star Kevin Durant.

** Spanish construction giant Ferrovial said on

Thursday it closed the sale of a 19.75% stake in Heathrow

Airport Holdings for 2 billion euros ($2.10 billion) to French

investment firm Ardian and Saudi Arabia's sovereign wealth fund

PIF.

** Saudi Public Investment Fund acquired 15% of Britain's

Heathrow Airport, Saudi State TV said on Thursday.

** Banknote printer De La Rue ( DELRF ) is in talks for a

stake sale of up to 40% that could value it at about 245 million

pounds ($311 million), the British company said on Thursday,

hours after it pointed to a rebound in orders in its interim

results.

** The Canadian government has sold its roughly 6% stake in

Air Canada ( ACDVF ) in the past few days, the Globe and Mail

reported on Thursday, citing a source.

(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 >
United States Lime & Minerals Insider Sold Shares Worth $934,560, According to a Recent SEC Filing
United States Lime & Minerals Insider Sold Shares Worth $934,560, According to a Recent SEC Filing
Aug 26, 2024
11:11 AM EDT, 08/26/2024 (MT Newswires) -- Richard W Cardin, Director, on August 22, 2024, sold 12,000 shares in United States Lime & Minerals ( USLM ) for $934,560. Following the Form 4 filing with the SEC, Cardin has control over a total of 14,300 shares of the company, with 14,300 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/82020/000120497524000015/xslF345X05/primary_doc.xml Price: 82.31, Change:...
Greenpro Capital Unit to Sign MoU With Sharia Digital Technologies Dubai, Digital Syariah Teknologi Surabaya
Greenpro Capital Unit to Sign MoU With Sharia Digital Technologies Dubai, Digital Syariah Teknologi Surabaya
Aug 26, 2024
11:12 AM EDT, 08/26/2024 (MT Newswires) -- Greenpro Capital's ( GRNQ ) subsidiary GreenX said Monday it will sign memorandum of understanding with Sharia Digital Technologies FZ LLC - Dubai and PT Digital Syariah Teknologi Surabaya on Tuesday. The MOU represents a key step toward expanding the reach of GreenX's global platform and bringing Shariah-compliant digital assets to Islamic communities,...
McKesson to buy controlling stake in Florida Cancer Specialists' unit for about $2.5 billion
McKesson to buy controlling stake in Florida Cancer Specialists' unit for about $2.5 billion
Aug 26, 2024
(Reuters) -Drug distributor McKesson said on Monday it would buy a controlling stake in community cancer center Florida Cancer Specialists & Research Institute's (FCS) business and administrative services unit for $2.49 billion in cash. McKesson would own roughly a 70% stake in the unit, Core Ventures, which manages non-clinical administrative functions such as providing operational and advisory support services to...
Libya's eastern government says all oilfields to close
Libya's eastern government says all oilfields to close
Aug 26, 2024
* No confirmation from recognised government or NOC * Waha Oil says plans to reduce output gradually * No orders to reduce output yet, two sources tell Reuters * Tensions over central bank, bank says suspending operations * Force majeure declared at Sharara earlier citing protests (Adds central bank temporarily halting services, paragraphs 11-14) By Ayman Werfali BENGHAZI, Aug 26...
Copyright 2023-2026 - www.financetom.com All Rights Reserved