Nov 3 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT on Monday:
** Millennium Management has sold a 15% stake to a group that
included some of its largest institutional investors, according
to an internal email seen by Reuters.
** Kleenex maker Kimberly-Clark ( KMB ) said it will buy Kenvue ( KVUE )
for more than $40 billion in a landmark deal for the
consumer sector, as the Tylenol maker grapples with White House
scrutiny and choppy demand.
** Eaton will acquire Boyd Corp's thermal business from
Goldman Sachs Asset Management for $9.5 billion, the fourth deal
this year for the power management firm seeking to bolster its
data center segment to cater to AI demand surge.
** Vertiv Holdings ( VRT ) said it would acquire HVAC services
firm PurgeRite Intermediate for about $1 billion, as the data
center power equipment maker seeks to expand its liquid cooling
services portfolio.
** SM Energy ( SM ) and Civitas Resources ( CIVI ) said they
will merge in a deal valued at about $12.8 billion, including
debt, creating one of the largest independent U.S. oil producers
that will hold a dominant position in the Permian Basin.
** The world's largest refiner by capacity, Sinopec Group
, is in talks to buy the country's dominant jet fuel
distributor, China National Aviation Fuel Group (CNAF) in a
government-initiated move, Bloomberg News reported .
** BP has agreed to sell minority stakes in some of its
U.S. onshore pipeline assets in the Permian and Eagle Ford
basins to investment firm Sixth Street for $1.5 billion, it
said.
** Fintech firm CompoSecure ( CMPO ), backed by former Honeywell
CEO David Cote, is set to buy Husky Technologies from Platinum
Equity for roughly $5 billion including debt, the Wall Street
Journal reported.
** British advertising group M&C Saatchi rejected an
unsolicited 50 million pound ($67.1 million) bid for its media
division from rival Brave Bison, saying the offer
"fundamentally undervalues" the business.
** Philadelphia Insurance Companies has acquired the collector
vehicle division from Carlyle-backed Ignyte
Insurance.
(Compiled by Rajarshi Roy and Arasu Kannagi Basil in Bengaluru)