June 27 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Friday:
** Australia's Santos said on Friday it had
granted exclusive due diligence for a period of six weeks to an
international consortium led by Abu Dhabi's National Oil Company
(ADNOC), which had offered $18.7 billion for the gas producer.
** Kazakhstan's ForteBank, the fifth-largest lender by
assets in the Central Asian country, has bought 100% of Home
Credit Bank, part of Czech investment group PPF, the two banks
said , without specifying the value of the transaction.
** JSW Paints will buy Dutch paint maker Akzo Nobel's
Indian arm for about $1.6 billion, in what will be the country's
biggest deal yet in the sector as competition intensifies
between established players and new entrants.
** European broadcaster RTL Group said on Friday it
would buy Sky Deutschland, in a deal that combines Sky's sports
and streaming offerings with RTL's news and entertainment brands
to create a business with 11.5 million paying subscribers.
** Unilever ( UL ) is paying $1.5 billion (1.09 billion
pounds) to buy men's personal care brand Dr Squatch from
private-equity firm Summit Partners, the Financial Times
reported , citing sources.
** Energy and industrial products supplier DNOW ( DNOW ) said on
Thursday it would buy MRC Global ( MRC ) in an all-stock deal
valued at $1.5 billion, including debt.
** Italian merchant bank Mediobanca MDBI.MI said on Friday it
would return 4.9 billion euros ($5.74 billion) to shareholders,
mostly in cash, over three years to 2028 as it seeks to fend off
a hostile bid from smaller rival Banca Monte dei Paschi di Siena
(MPS).
** Alternative asset manager Blackstone has bought
nearly $2 billion worth of commercial real estate loans from
regional lender Atlantic Union Bankshares AUB.N, further
extending its aggressive push into the CRE sector.
** Partners at U.S. law firms McDermott Will & Emery and Schulte
Roth & Zabel have voted to merge effective Aug. 1, the firms
said in a joint statement on Thursday.
** AI-focused broker consolidator Equal Parts has acquired
Assurely, an Austin-based agency serving startups and emerging
companies.
(Compiled by Rajarshi Roy and Apratim Sarkar in Bengaluru)