August 27 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1930 GMT on
Wednesday:
** Italy's MediaForEurope (MFE) is set to take
control of ProSiebenSat.1 after Czech investment
group PPF said it would sell its stake in the German broadcaster
to MFE.
** Harvest Midstream, owned by the founder of privately held
Hilcorp Energy, has agreed a deal to acquire $1 billion worth of
natural gas gathering and processing assets from MPLX ( MPLX ),
the companies said.
** ByteDance, the owner of short-video app TikTok, is set to
launch a new employee share buyback that will value the Chinese
technology giant at more than $330 billion, driven by continued
revenue growth, said three people with knowledge of the matter.
** Britain's Warehouse REIT said a buyout offer
from peer Tritax Big Box REIT was formally terminated
after both parties chose not to proceed with the proposal
following a rival agreement.
** Sompo Holdings ( NHOLF ) said on Wednesday that it would
acquire New York-listed Aspen Insurance Holdings ( AHL ) for
about $3.5 billion, joining a number of Japanese financial firms
that are investing in overseas assets to drive growth.
** Defence group Rheinmetall wants to take
over German shipbuilder Naval Vessels Luerssen, the German daily
Bild reported, citing industry sources.
** Norway's biggest utility, state-owned Statkraft, said
it has agreed to sell its renewable energy development
activities in the Netherlands to Dutch firm Greenchoice for an
undisclosed sum.
** Canada Goose's, controlling
shareholder Bain Capital has received bids to take the luxury
goods maker private at a valuation of about $1.4 billion, CNBC
reported late on Tuesday, citing people familiar with the
matter.
** Qatari investment firm Al Mansour Holdings has taken a
19.9% stake in Australia's Invictus Energy ( IVCTF ) and will
provide up to $500 million to help the company develop its
Cabora Bassa gas project in Zimbabwe, the companies said.
** British sportswear and fashion retailer Frasers ( SDIPF )
said it has entered the leisure activity market with the
acquisition of a minority stake in We Do Play, the operator of
Rumble Rooms and gaming venues Activate.
(Compiled by Rajarshi Roy and Pooja Menon in Bengaluru)