(Adds: Chiesi Group, Ares Management ( ARES ), Amadeus Updates: Kone ( KNYJF ),
DCC)
April 29 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on
Wednesday:
** Italian pharma company Chiesi Group will buy U.S.-listed
KalVista Pharmaceuticals ( KALV ) in an all-cash deal valued
at about $1.9 billion, the two companies said in a joint
statement.
** Ares Management ( ARES ) said it has acquired a stake
in the Rover natural gas pipeline from a unit of fellow
investment firm Blackstone for an undisclosed sum, as
interest in U.S. energy infrastructure assets grows.
** Finnish lift maker Kone ( KNYJF ) agreed to buy German
rival TK Elevator (TKE) in a cash and stock transaction valued
at 29.4 billion euros ($34.4 billion), it said, a deal that
would create the world's largest lift maker.
** Spanish travel technology firm Amadeus announced a plan to acquire French biometrics company Idemia
Public Security, which is owned by Advent International, for 1.2
billion euros ($1.40 billion) in an all-cash deal.
** Ireland's DCC said it has received a cash
takeover proposal from a consortium comprising Energy Capital
Partners and KKR.
** Optio Group has entered the Irish market with the acquisition
of Construction Guarantee Underwriters Limited (CGU), the
specialty MGA said .
** Cognizant Technology has agreed to buy Astreya, an
IT services and technology provider focused on AI infrastructure
and data center services, in a deal valued at around $600
million, the company told Reuters.
** Private equity firm CVC Capital is weighing a 9
billion euro ($10.54 billion) deal for Italian payments group
Nexi, the Financial Times reported on Tuesday, citing
people familiar with the matter.
** Australia's oOh!media said that it has received a
takeover offer from Pacific Equity Partners valued at A$746.9
million ($536.42 million), putting the company's shares on track
for their biggest single-day gain on record.
** Industrial tools maker Ametek is in exclusive talks
to acquire the testing and measurement businesses of valve and
pump maker Indicor, owned by private equity firm CD&R, the Wall
Street Journal reported on Tuesday.
** Protective Life Corporation has agreed to buy hybrid fronting
carrier Obsidian Insurance Holdings and its affiliates from
private equity firm Genstar Capital, in a deal that expands the
acquirer into the specialty property casualty market.
(Compiled by Rajarshi Roy in Bengaluru)