RPL 0.60% $3.33 regal partners limited

News: RPL Deals of the day-Mergers and acquisitions

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    Nov 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday:

    ** Australia's Pacific Current (PAC) disclosed a A$567.3 million ($359.04 million) takeover bid from GQG Partners GQPIL.PK , but said the global fund manager flagged lack of support from its largest shareholder.

    ** Singapore's sovereign wealth fund GIC has invested in a 35% stake in Hotel Investment Partners (HIP), an owner of resort hotels in Southern Europe, according to a statement by HIP.

    ** Shell Pakistan SHEL.PSX said its parent company's unit, Shell Petroleum Company, has signed a deal with Wafi Energy to sell the domestic operations.

    ** Singapore Post SPOS.SI said its Australian unit entered an agreement to acquire transport and distribution services company Border Express for not more than A$210 million ($132.93 million) to expand its logistics network in Australia.

    ** Singapore's Health Management International (HMI) said it is purchasing a majority stake in Harley Street Heart & Vascular Centre, a move that will broaden the specialist services it offers in Southeast Asia.

    ** Shares of Australia's Regal Partners (RPL) rose more than 11%, after the investment manager said it would buy a 50% stake in Taurus SM Holdings, bringing group funds under management to A$8 billion ($5.07 billion) on a pro forma basis.

    ** Brazilian power company Eletrobras ELET3.SA approved the hiring of financial institutions to structure a potential offering to sell its preferred shares in electricity transmission firm ISA Cteep TRPL4.SA .

 
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