May 22 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Friday:
** Canadian pension fund OMERS has agreed to sell its 25% stake
in Spanish energy logistics company Exolum to European real
assets investment firm Stoneshield Capital and another investor.
** Private equity firm CVC Capital Partners and Belgian
investment group Groupe Bruxelles Lambert launched a
10.7 billion euro ($12.43 billion) cash bid for Italy's
Recordati, aiming to take the company private.
** Polish parcel locker company InPost said that the
€7.8 billion ($9 billion) buyout offer from a consortium made up
of FedEx ( FDX ), Advent International and other InPost
investors would run from May 26 to July 27.
** Australia's Tuas ( TUALF ) said it has ended a deal worth
S$1.43 billion ($1.12 billion) to buy Keppel's stake
in mobile operator M1 via its unit Simba Telecom, days after the
Singaporean regulator halted its review of the transaction.
** Singapore Telecommunications said on Thursday it
was looking to sell a minority stake in its Australian unit
Optus, and shared capital spending plans of S$3 billion ($2.35
billion) in 2027.
** U.S. investment firm KKR said on Thursday it would
sell aerospace division of Circor to motion control products
maker Parker-Hannifin ( PH ) for $2.55 billion.
** Equity Residential ( EQR ) and AvalonBay Communities ( AVB )
have agreed to an all-stock merger to form a housing rental
company with an enterprise value of $69 billion, the firms said
on Thursday, strengthening their presence in key U.S. markets.
(Compiled by Rajarshi Roy and Anhata Rooprai in Bengaluru)