CWN crown resorts limited

News: CWN Deals of the day-Mergers and acquisitions

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

    May 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1230 GMT on Monday:

    ** U.S.-based Trulieve Cannabis Corp TRUL.CD said it plans to buy medical cannabis company Harvest Health & Recreation Inc HARV.CD in a deal that values the company at about $2.1 billion, as Trulieve looks to ramp up its operations.

    ** Bonanza Creek Energy BCEI.N will buy Extraction Oil & Gas EH4.MU in about $1.1 billion all-stock, no-premium deal to create one of Colorado's largest oil and gas drillers, the companies said in a statement.

    ** British engineering company Rolls-Royce RR.L has put its Norwegian maritime engine unit Bergen back on the block, less than two months after Norway blocked a previous deal for it to be bought by a Russian company.

    ** Benson Hill is going public by merging with a blank-check firm backed by alternative asset manager Magnetar Capital, giving the plant-growing technology company an enterprise value of about $1.35 billion, it said.

    ** Diversified Australian investor Seven Group Holdings (SVW) offered to buy shares it does not already own in Boral (BLD) , valuing the building materials supplier at $6.23 billion, to leverage a housing market that is rebounding from pandemic lows.

    ** Italy's biggest insurer Generali GASI.MI has bought a stake in Ridemovi, which offers bicycle and electric scooter sharing services, to help it expand in Italy, Spain and beyond.

    ** Portugal's largest bank Caixa Geral de Depositos (CGD) is relaunching the sale of its Brazilian business as part of its strategy to streamline its international presence, executive board member Francisco Cary told Reuters.

    ** Plus said it would go public through a merger with blank-check company Hennessy Capital Investment Corp. V HCIC.O in a deal that values the self-driving truck technology startup at $3.3 billion.

    ** Spanish Telecom company Telefonica TEF.MC said it has agreed to sell four data centres to Nabiax, which had already bought 11 of its centres, in exchange for a 20% stake.

    ** Swedish engineering group Alfa Laval ALFA.ST has agreed to buy StormGeo, which provides weather-centric services, from EQT Private Equity EQT.N for 3.63 billion Norwegian crowns ($442.9 million), it said.

    ** Australian casino operator Star Entertainment Group (SGR) proposed an all-stock buyout of larger rival Crown Resorts Ltd CWN.AX that it valued at A$9 billion ($7 billion), taking on two private equity giants for control of the troubled company.

    ** South African pharmacist Clicks CLSJ.J said it planned to acquire 25 in-store pharmacies, their drug stocks and staff from retailer Pick N Pay PIKJ.J .

 
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.