News: BHP Deals of the day-Mergers and acquisitions

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    March 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:

    ** Coal explorer Stanmore Resources (SMR) said it would raise about A$694 million ($506.06 million) to fund the acquisition of an 80% stake in BHP Mitsui Coal (BMC), a joint venture in Queensland, from global miner BHP Group (BHP) .

    ** The new boss of Telecom Italia TLIT.MI set out the virtues of his standalone plan as an alternative to a takeover approach from KKR KKR.N , but shares in the company plunged on Thursday after a record loss and a gloomy forecast for this year.

    ** Societe Generale SOGN.PA declined on Thursday to comment on the future of its presence on the Russian market after stating it could cope if stripped of its business in Russia. Asked whether SocGen intended to exit the market or sell its Russian unit Rosbank, a spokesperson answered the group had no comment on the matter.

    ** Thales' TCFP.PA Chief Executive Patrice Caine told reporters the French company remained interested in bolt-on acquisitions across its three core areas of aerospace, defence & security, and digital identity & security.

    ** Telecom Italia TLIT.MI said on Wednesday that a consortium led by Ardian has submitted a binding offer to purchase the majority of the share capital of the holding company Daphne 3, which holds 30.2% of the share capital in Infrastrutture Wireless Italiane SpA INWT.MI .

    ** Brazilian mall operator BR Malls BRML3.SA announced on Wednesday the sale of a 30% stake in Shopping Uberlandia for 307 million reais ($60.20 million) to its current partner.

 
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Last
$39.64
Change
-0.330(0.83%)
Mkt cap ! $201.3B
Open High Low Value Volume
$39.77 $40.20 $39.30 $902.1M 22.59M

Buyers (Bids)

No. Vol. Price($)
1 132000 $39.53
 

Sellers (Offers)

Price($) Vol. No.
$39.64 4977 1
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