April 4 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Friday:
** A New Zealand regulator on Friday said it was investigating
Canadian billionaire James Grenon's acquisition of a stake in
media firm NZME ( NZMEF ), citing a "reasonable possibility" of a
breach of the country's takeover rules.
** Brookfield Infrastructure Partners ( BIP/PA ) is buying
Colonial Pipeline, the largest U.S. fuel transportation system,
in a deal valued at about $9 billion, including debt, the
company said on Thursday.
** Britain's competition regulator said on Friday it believes
that remedies offered by aerospace equipment manufacturer Safran
could resolve competition concerns relating to its
acquisition of a part of aerospace business Collins.
** UK's Serica Energy ( SQZZF ) said on Friday Britain's Takeover
Panel has allowed to push back the 'put up or shut up' deadline
for its potential deal with North Sea-focused oil producer
EnQuest ( ENQUF ) to May 2.
** U.S. law firm Kramer Levin Naftalis & Frankel and global
legal giant Herbert Smith Freehills said in a joint statement on
Friday that their partners voted to approve a merger, creating a
2,700-lawyer firm.
** Italian insurer Generali will not put up a fight to defend a
planned asset management tie-up, if Rome's opposition stiffens
once a government review of the deal starts, CEO Philippe Donnet
said in a newspaper interview.
** French engine and aircraft equipment maker Safran on
Friday secured the green light from EU antitrust regulators for
its $1.8 billion bid for Collins Aerospace's flight controls
business after pledging to sell a North American actuator
business.
** Italy's Banco BPM BAMI.MI on Friday secured more than the
two-third majority threshold set for its buyout offer for asset
manager Anima Holding ANIM.MI required to reap the maximum
benefits from the deal.
** President Donald Trump on Friday extended by 75 days a
deadline for Chinese technology company ByteDance to sell U.S.
assets of popular short video app TikTok to a non-Chinese buyer
or face a ban that was supposed to have taken effect in January
under a 2024 law.
(Compiled by Rajarshi Roy and Prakhar Srivastava in Bengaluru)