(Adds: Grupo Aeroportuario del Sureste)
Nov 5 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT on
Wednesday:
** Mexico's Grupo Aeroportuario del Sureste (Asur) has emerged as the leading bidder to buy Motiva's airport portfolio, two sources with knowledge of the talks
told Reuters.
** Arthur J Gallagher has acquired Colorado-based Surescape
Insurance Services to enhance its existing insurance brokerage
and bonding capabilities in the construction industry, the
broker announced on Tuesday.
** France's CEVA Logistics has completed its acquisition of
Turkish logistics provider Borusan Tedarik from Borusan Yatirim
for $383 million, the Turkish conglomerate said in a
stock market filing.
** The Woodlands Financial Group (TWFG) has acquired Alabama
Insurance Agency and its 20 affiliated locations across the
state, the Texas-based insurance intermediary said on Tuesday.
** E. Sun Financial, Taiwan's eighth-largest financial
holding firm by assets, said it will acquire life insurance
company Mercuries Life in an all-share deal.
** British retailer Marks & Spencer ( MAKSF ) has not discussed
buying the 50% of the Ocado Retail business it does not own,
with the chief executive saying that such a deal was not
currently in his plans.
** Ovintiv ( OVV ) said it would buy the rest of NuVista Energy ( NUVSF )
in a cash-and-stock deal valued at $2.7 billion,
including debt, strengthening the shale producer's presence in
Canada's Montney basin.
** Sonida Senior Living ( SNDA ) is in advanced talks to acquire
CNL Healthcare Properties in a deal valued at $1.8
billion, the Wall Street Journal reported on Tuesday, citing
people familiar with the matter.
** Apollo Global has withdrawn its offer to take pizza
chain Papa John's private at $64 a share, according to
two people familiar with the deal, as Wall Street waits to see
what is expected to be a tough earnings report on Thursday.
** TriMas Corp is selling its aerospace segment to an
affiliate of investment firm Tinicum for $1.45 billion, it said
on Tuesday, in a bid to focus on its core packaging business
amid a push from activist investor Barington Capital.
** Starbucks ( SBUX ) said it would sell control of its
operations in China to Boyu Capital in a deal that values the
business at $4 billion - one of the largest divestments of a
China unit by a global consumer company in recent years.
** AnaCap Financial Partners-backed German insurance
intermediary MRH Trowe has further grown its regional presence
with the purchase of a majority stake in M&A transaction
insurance MGA Pantheon Underwriters.
** Real estate services firm CBRE Group Inc ( CBRE ) said it has
acquired infrastructure maintenance firm Pearce Services from
New Mountain Capital for about $1.2 billion in cash, with a
potential earn-out of up to $115 million.
(Compiled by Rajarshi Roy and Prakhar Srivastava in Bengaluru)