July 10 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Thursday:
** Blackstone said it had raised its offer to buy
Warehouse REIT to 115 pence per share, valuing the
British firm at about 489 million pounds ($665.6 million).
** U.S. cosmetics retailer Ulta Beauty ( ULTA ) is on the verge
of a deal to buy British high street chain Space NK, Sky News
reported, citing a source.
** Sunnova Energy ( NOVAQ ) said on Wednesday that it has
agreed to sell a portion of its residential solar installation
business to Omnidian for $7 million in cash, along with the
assumption of certain liabilities, as part of a stalking horse
deal.
** The Italian candy maker behind Ferrero Rocher and Nutella is
nearing a deal to buy cereal maker WK Kellogg, a source
told Reuters, an acquisition that would combine two of the
world's best known consumer food makers.
** Merck ( MRK ) said on Wednesday it will acquire UK-based
Verona Pharma for about $10 billion, gaining a
promising respiratory treatment as it faces pressure to
diversify beyond its blockbuster cancer drug Keytruda.
** Ontario Teachers' Pension Plan (OTPP) said on Wednesday that
it has agreed to sell its majority stake in India's Sahyadri
Hospitals Group to Temasek-backed Manipal Hospitals.
** Fast-growing U.S. retail broker King Risk Partners has
entered the Louisiana market by acquiring Ruston-based
independent insurance agency Louisiana Insurance Services.
** Choice Financial Group has acquired Connecticut-based
Corporate Risk Solutions, marking the Bob Hilb-led broker's 30th
acquisition since launching in 2021.
(Compiled by Rajarshi Roy and Katha Kalia in Bengaluru)