(Adds: Apollo Global Management ( APO ), Britain's Wood Group, SALIC
Updates: Prosus, Olam Group)
Feb 24 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT on Monday:
** Dutch technology investor Prosus
has agreed to buy Just Eat Takewaway.com
for 4.1 billion euros ($4.3 billion) to create a "European
tech champion" of food delivery, it said.
** Alternative asset manager Apollo Global Management ( APO ) will buy real estate firm Bridge Investment Group ( BRDG )
for about $1.5 billion in an all-stock deal, expanding its
real estate offerings.
** Britain's Wood Group
is back in talks to be acquired by Dubai's Sidara,
Financial Times reported, sending shares of the oilfield
services and engineering firm up over 30%.
** Saudi Arabia's agricultural and livestock investment firm
SALIC has agreed to buy a 44.58% stake in Singapore-based Olam
Group's
agricultural products business Olam for 1.78 billion, the
companies said.
** U.S. private equity firm Bain Capital has tabled a
1.1-billion-pound ($1.39 billion) proposal to buy Chemring Group
CHG.L
, Sky News reported, sending shares of the London-listed
defence contractor up more than 16%.
** Italy's state-owned bad loan manager AMCO said that it will
buy 80% of public credit management company Exacta Group from
Eulero Capital and the Oreglia founding family.
** Britain's National Grid has reached a deal to sell its
U.S. onshore renewables business to Canadian investment firm
Brookfield Asset Management ( BAM ) for $1.74 billion including
debt, it said.
** Switzerland's Energy Infrastructure Partners (EIP) will take
a majority stake in BayWa AG's renewable energy unit
BayWa r.e. through a capital increase that will see the German
agricultural group's holding fall to 35% from 51%.
** NormanMax is to acquire London-based parametric insurtech MGA
FloodFlash in a deal that remains subject to Financial Conduct
Authority approval, sources close to the transaction told The
Insurer.
** Italian oil services company Saipem said on Sunday
that it will merge with Norwegian rival Subsea 7 ( ACGYF ) in a
deal valued at about $4.63 billion.
** Australia's Perpetual Ltd ( PPTTF ) said it has terminated its
support for a takeover deal with buyout firm KKR for its
wealth management and corporate trust businesses, after an
independent expert deemed it not in the best interests of
shareholders.
(Compiled by Rajarshi Roy and Kamal Choudhury in Bengaluru)