(Adds: Titan Company, Adevinta, Jungheinrich; Updates: SS&C
Technologies ( SSNC ))
July 21 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT on Monday:
** BitGo, a provider of trust and security services for
digital assets, said on Monday it has confidentially filed for a
U.S. listing, as crypto firms race to capitalize on renewed
market momentum.
** Titan Company will buy a 67% stake in Dubai-based luxury brand Damas
from Qatar's Mannai Corporation at an enterprise value of 1.04 billion dirham ($283.2
million), potentially making it one of the largest Indian
jewellers in the Middle East.
** Norwegian online classifieds group Adevinta said it
had sold its Spanish business to Swedish private equity firm EQT
, to focus more on the rest of its European units for an
undisclosed amount.
** German forklift truck maker Jungheinrich said it had agreed to sell its Russian unit to a Russian
financial investor and asset manager, and was cutting its
full-year profit forecast as a result.
** Financial software provider SS&C Technologies ( SSNC ) said it will acquire Carlyle's
CG.O
British fund network and data business Calastone for about
766 million pounds ($1.03 billion).
** London-based private equity firm Apax Partners has agreed
to acquire Guernsey-based investment company Apax Global Alpha
APAX.L for about 916.5 million euros ($1.07 billion).
** Cross-border payments provider IFX Payments said that it
is considering withdrawing its takeover offer for Argentex ( AGXTF )
, just days after the British currency risk management
company appointed administrators due to a funding shortfall.
** Emirati conglomerate Al-Futtaim is to buy a 49.95% stake
in Saudi Arabian franchiser Cenomi Retail in a deal worth more
than 2.5 billion riyals ($667 million), Cenomi Retail said in a
statement on Sunday.
(Compiled by Rajarshi Roy and Apratim Sarkar in Bengaluru)