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Deals of the day-Mergers and acquisitions
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Deals of the day-Mergers and acquisitions
Dec 19, 2024 2:56 AM

Dec 19 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on

Thursday:

** KKR extended its tender offer period for Fuji

Soft to Jan. 9 as it battles rival U.S. private equity

firm Bain Capital for control of the Japanese software maker.

** Swiss technology firm SoftwareOne Holding said

it would acquire Crayon Group Holding ( CRAYF ) in a stock and

cash offer which values its Norwegian competitor at around $1.4

billion.

** Czech billionaire Daniel Kretinsky's energy holding

company EPH has signed a deal to acquire Italian group Enel's

stake in Slovak electricity producer Slovenske

Elektrarne, the companies said late on Wednesday.

** Finland's Fortum said it had agreed to buy a

project development portfolio for renewable power from Finnish

energy company Enersense for around 9 million euros

($9.37 million).

** Australia's Champion Iron ( CIAFF ) said Japanese

steelmaker Nippon Steel ( NISTF ) and trading house Sojitz ( SZHFF )

will buy a 49% stake in the company's Kami project in

Canada for A$245 million ($152 million).

** Brazilian shopping malls operator Iguatemi announced on

Wednesday it signed a binding memorandum of understanding to buy

stakes in Sao Paulo's Patio Paulista and Patio Higienopolis

malls, in a deal worth nearly 2.6 billion reais ($412 million).

** South African miner Sibanye Stillwater has

struck a $500 million streaming agreement with Franco-Nevada

Corp ( FNV ), Sibanye said, as it seeks to boost its finances

after a slump in platinum group metal prices.

** Greece's biggest oil refiner Helleniq Energy

has agreed to sell its 35% stake in gas supplier DEPA Commercial

to the country's privatisation agency HRADF for 208 million

euros ($216 million), Helleniq said.

** Sony Group ( SONY ) said it will invest about 50 billion

yen ($320 million) to acquire new shares of Kadokawa ( KDKWF ),

raising its stake in the Japanese media powerhouse to around 10%

and becoming Kadokawa's ( KDKWF ) top shareholder.

(Compiled by Rajarshi Roy and Kritika Lamba in Bengaluru)

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