April 3 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:
** Abu Dhabi alternative investor Lunate said it acquired a
40% stake in Abu Dhabi National Oil Company's oil pipeline
infrastructure assets from BlackRock and KKR.
** The union representing employees of United States Steel ( X )
on Tuesday said it would not support Japanese firm Nippon
Steel's ( NISTF ) draft agreement to gain support for its
takeover of the U.S. company.
** Azimut will sell all of its stake in private
credit fund Kennedy Lewis to Goldman Sachs' private equity unit
Petershill Partners, the Italian asset manager said.
** Singapore Telecommunications (Singtel) ruled
out any impending deal to sell its Australian mobile network
operation Optus following reports that talks for a potential
stake divestment had fallen off.
** Danish biotech Genmab ( GMAB ) has agreed to buy U.S.
cancer drug maker ProfoundBio for $1.8 billion, the two
companies said.
** French car manufacturer Renault announced that
shipping group CMA CGM officially joined Flexis, its partnership
with Volvo Group on electric vans.
** Austria's central bank chief said there was a "tail risk"
in a plan by Raiffeisen Bank International to buy a stake in
Austrian building company Strabag with funds currently tied up
in Russia and only Raiffeisen can judge if such a risk is worth
taking.
** Clariant completed the $810 million acquisition
of Canada's ingredients and cosmetics maker Lucas Meyer
Cosmetics from International Flavors & Fragrances ( IFF ), the
Swiss specialty chemicals firm said.
** Australia's Azure Minerals ( AZRMF ) said the country's
Foreign Investment Review Board (FIRB) extended a deadline for
approving SQM and Hancock Prospecting's A$1.7 billion
($1.11 billion) offer for the lithium developer.
** U.S. private equity firm Clayton Dubilier & Rice (CD&R)
said on Tuesday it had agreed to acquire a majority ownership
position in information technology provider Presidio from
UK-based BC Partners.
** Private equity firm EQT said on Tuesday it has
agreed to buy compliance software maker Avetta from Welsh,
Carson, Anderson & Stowe (WCAS).
(Compiled by Rajarshi Roy in Bengaluru)