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Deals of the day-Mergers and acquisitions
Dec 20, 2024 3:04 AM

Dec 20 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on Friday:

** Credit Agricole agreed to buy Santander's

30.5% stake in custody and asset servicing entity

Caceis, the banks said, in a deal that will give the French

lender full control of the business.

** Australian conglomerate Wesfarmers ( WFAFF ) said it would

sell its industrial gas supply arm, Coregas, to Japanese

multinational firm Nippon Sanso ( TYNPF ) for A$770 million

($480.33 million).

** Australia's Hotel Property Investments ( HTPIF ) said,

after reassessing the takeover bid, it has recommended

shareholders to accept the offer from a consortium led by

Charter Hall Retail REIT, which valued the pub owner at

A$755.8 million ($471.47 million).

(Compiled by Rajarshi Roy and Kritika Lamba in Bengaluru)

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