Feb 26 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Wednesday:
** Switzerland-based pesticides maker Syngenta said that it has
acquired a repository of natural compounds and genetic strains
from drugmaker Novartis to further boost the
development of biologic crop protection.
** Italian lender UniCredit has reported its planned
acquisition of a 29.99% minority stake in Germany's Commerzbank
to the German Cartel Office for assessment, a
spokesperson for the regulator said.
** Copenhagen Infrastructure Partners has agreed to buy an
offshore wind project in Britain from COBRA Group and Flotation
Energy, the fund manager said.
** State-owned China International Capital Corp (CICC)
is set to merge with its peer China Galaxy Securities,
said five sources, in a deal that would create the country's
third-largest brokerage with $193 billion in assets.
** British lender Metro Bank ( MTRBF ) said it has signed an
agreement to sell a portfolio of about 584 million pounds
($738.88 million) of unsecured personal loans.
** Japan Post Holdings said that a subsidiary offered
to acquire Japanese logistics company Tonami Holdings
for about 92.6 billion yen ($619 million).
** Private equity firm Roark Capital has signed a deal to
acquire Dave's Hot Chicken for roughly $1 billion, according to
sources familiar with the matter, in a deal that will reinforce
its foothold in the restaurant industry.
** UAE telecoms group e& said that it had agreed to
sell its 40% stake in Khazna Data Center Holdings for $2.2
billion, as part of a deal struck with artificial intelligence
company G42.
** Contract drug manufacturer Thermo Fisher Scientific ( TMO )
said on Tuesday it will buy Solventum's ( SOLV ) purification
and filtration business for about $4.1 billion, sending the
latter's shares up around 9%.
(Compiled by Rajarshi Roy and Kamal Choudhury in Bengaluru)