News: CSR Deals of the day-Mergers and acquisitions

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    (Adds CSR Ltd, Axway)

    Feb 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT, on Wednesday:

    ** Australian building materials firm CSR Ltd (CSR) said it has received a A$4.30 billion ($2.81 billion) non-binding takeover proposal from French construction materials group Saint-Gobain SGOB.PA .

    		**  French software company Axway  AXW.PA  said it had 
    started discussions to potentially buy most of Sopra Banking 
    

    Software activities from Sopra Steria SOPR.PA .

    ** U.S. miner Piedmont Lithium PLL.O said it would sell its remaining shares in Australian miner Sayona Mining (SYA) for about A$59.9 million ($39.28 million).

    ** A consortium led by state-owned pharma giant Sinopharm has revived a take-private bid for China Traditional Chinese Medicine Holdings 0570.HK , the Hong-Kong-listed drugmaker said, valuing it at HK$23.16 billion ($2.96 billion).

    ** South Korea's Samsung Electronics 005930.KS sold its entire remaining stake in semiconductor manufacturing equipment maker ASML ASML.AS in the fourth quarter of last year, a company filing showed.

    ** Australia's Orica (ORI) said it would acquire U.S.-based chemical company Cyanco Intermediate 4 Corp for $640 million to expand its geographical reach in mining chemicals business.

    ** British billionaire Jim Ratcliffe's acquisition of a 25% stake in Premier League club Manchester United has been completed, putting an end to a 15-month saga.

    ** Capital One Financial's COF.N $35.3 billion deal for Discover Financial DFS.N would create new competition for payments behemoths Visa V.N and Mastercard MA.N , potentially helping smoothen the path for regulatory approval, analysts said.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.