August 8 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Friday:
** New Zealand-based Infratil ( IFUUF ) and the country's
sovereign pension fund have agreed to sell their entire stake in
an Australian retirement village operator for A$845 million
($550.60 million), the infrastructure investor said.
** Paramount Global and Skydance Media completed their $8.4
billion merger on Thursday, capping a drawn-out deal process
marked by political scrutiny and shareholder concerns.
** Revolution Beauty has rejected a takeover offer
from specialist private equity firm True, leaving the cosmetics
group likely to revive a capital raising from existing
shareholders, two people familiar with the matter said.
** U.S. battery startup Lyten has agreed to buy most of
bankrupt Swedish battery maker Northvolt, it said on Thursday,
potentially offering a way back for the European company that
was once seen as the region's answer to rivals in Asia.
** Paramount Global and Skydance Media have completed their
$8.4 billion merger that was announced more than a year ago, the
companies said, capping a long-drawn deal process marked by
political scrutiny and shareholder concerns.
(Compiled by Rajarshi Roy and Anshi Sancheti in Bengaluru;
Editing by Harikrishnan Nair)