May 23, 2019 / 11:42 AM / 3 months ago

Deals of the day-Mergers and acquisitions

(Adds Aurora Innovation, Duratex, updates Thomas Cook)

May 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:

** Czech energy group EPH’s acquisition of Uniper’s assets in France is still awaiting French government clearance after it obtained the green light from European anti-trust authorities last week, said a Uniper executive.

** Thomas Cook has received a takeover approach for its Nordic operations from private equity group Triton, the tour operator said, adding that it was considering the unsolicited offer but talks were at a preliminary stage.

** German sugar group Suedzucker said it will not sell two of its French sites where it wants to end production, rejecting a buyout plan from French farmers.

** The U.S. Department of Justice’s antitrust chief, Makan Delrahim, is still open to T-Mobile US Inc’s $26 billion acquisition of smaller rival Sprint Corp, CNBC reported.

** Delek Group signed a binding agreement for the sale of 32.5% of insurer Phoenix Holdings for 1.72 billion shekels ($476 million) to private equity firms Centerbridge Partners and Gallatin Point Capital.

** French construction materials producer Saint-Gobain has started a process to sell its French distribution centres serving public works companies.

** Warehouse owner LondonMetric Property said it had agreed to buy real estate investment trust A & J Mucklow in a cash and stock deal that values the Midlands-based peer at 414.7 million pounds ($524 million).

** British outsourcer Serco said it would buy U.S. engineering firm Alion’s naval systems unit for $225 million to expand in the fast-growing segment of supplies to the U.S. Navy, sending its shares higher.

** Japan’s Daiichi Sankyo Co Ltd is in talks with several companies to sell its wholly owned over-the-counter (OTC) drug unit, with the final price likely to reach around 100 billion yen ($900 million), Nikkei Business reported.

** Australian lithium miner Kidman Resources agreed to be acquired by Wesfarmers for A$776 million ($534 million) in a deal that will give the retail conglomerate entry into the booming electric vehicle market.

** Brazilian cosmetics firm Natura expects to boost revenue by investing in brand and digital capabilities after sealing a deal to merge with Avon Products and control 76% of the new company, executives said.

** Shares in Brazilian wood panel manufacturer Duratex SA were up 3% in early afternoon trading in Sao Paulo after the announcement of a deal to buy ceramic tile maker Cecrisa for 539 million reais ($132.6 million).

** Self-driving car startup Aurora Innovation Inc said it would buy Montana-based Blackmore, a company that develops a detection system known as lidar, used in self-driving technology. (Compiled by Aakash Jagadeesh Babu in Bengaluru)

Nuestros Estándares:Los principios Thomson Reuters
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