SUN suncorp group limited

News: SUN Deals of the day-Mergers and acquisitions

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    Feb 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday:

    ** Shares of Discover Financial DFS.N rose 11% before the bell, after consumer bank Capital One Financial COF.N said it would buy the credit lender in an all-stock transaction valued at $35.3 billion.

    ** ANZ Group's (ANZ) A$4.9 billion ($3.2 billion) buyout of Suncorp's (SUN) banking business was cleared by the Australian Competition Tribunal, paving the way for the bank to press on with the takeover of its significant rival.

    ** Japanese camping goods company Snow Peak 7816.T said a group led by Bain Capital will launch a tender offer for its shares at 1,250 yen ($8.31) apiece in a management buyout that values the company at 47 billion yen ($313 million).

    ** India's Zee Entertainment is making a final attempt to restart discussions with Japan's Sony Group 6758.T to revive their $10 billion merger deal which was scrapped on Jan. 22, Indian business daily Economic Times reported, citing people aware of the matter.

    ** Russian President Vladimir Putin gave approval on Monday for HSBC HSBA.L to sell its Russian unit to privately-owned Expobank, paving the way for the British lender to extricate itself from the Russian market after months of negotiations.

    ** Currys CURY.L shares soared on Monday after Chinese online retailer JD.com 9618.HK joined U.S. activist investor Elliott Advisors in a battle to buy the British electricals group, which has already rejected Elliott's opening bid of $880 million.

    ** Australian diversified investor Seven Group Holdings (SVW) has offered A$1.9 billion ($1.24 billion) to take full control of building products group maker Boral (BLD) in a bet Australia's infrastructure spending boom will be maintained in coming years.

    ** Shares in APM Human Services International (APM) were set for a record gain, after the company rejected private equity firm CVC Asia Pacific's A$1.47 billion ($960 million) takeover bid that did not "sufficiently reflect its fundamental value".

 
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(20min delay)
Last
$20.60
Change
0.120(0.59%)
Mkt cap ! $22.30B
Open High Low Value Volume
$20.36 $20.60 $20.28 $38.58M 1.878M

Buyers (Bids)

No. Vol. Price($)
1 2000 $20.53
 

Sellers (Offers)

Price($) Vol. No.
$20.62 1120 2
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Last trade - 16.10pm 29/07/2025 (20 minute delay) ?
SUN (ASX) Chart
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