News: IRE Deals of the day-Mergers and acquisitions

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    (Adds Arab Banking Corp, ChargePoint, Chesapeake Energy Corp, BKV Corp, IG4 Capital, Goldman Sachs)

    Aug 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Wednesday:

    ** Brazilian private equity firm IG4 Capital has concluded the tender offer to minority shareholders in Peruvian conglomerate Aenza SAA AENZAC1.LM , formerly known as Graña y Montero SAA, it said in a statement.

    ** The Spanish Football Association has rejected a proposed multibillion-euro investment and revenue-sharing deal between La Liga and private equity firm CVC, saying the deal "increases inequality" and could affect the future of the competition.

    ** Bahrain's Arab Banking Corp ABCB.BH has completed the acquisition of a 99.5% stake in the Egyptian unit of Lebanon's BLOM Bank BLOM.BY , which will allow ABC to triple its market share and balance sheet in Egypt.

    ** U.S. electric vehicle charging company ChargePoint CHPT.N said it has acquired ViriCiti, a provider of electrification solutions for eBus and commercial fleets, for about 75 million euros ($87.86 million) to expand its operations into Europe.

    ** Chesapeake Energy Corp CHK.O said it would buy Haynesville basin-focused rival Vine Energy Inc VEI.N for $615 million, betting on the shale field's proximity to the U.S. Gulf Coast export hub.

    ** U.S. shale producer BKV Corp is acquiring a Texas power generator for $430 million in a move that leverages its gas production to generate electricity, the company told Reuters.

    ** Goldman Sachs GS.N will contribute a 1 billion euro syndicated ($1.17 billion) loan to private equity firm CVC's planned 2.7 bln euro investment in Spain's top football league, LaLiga, two sources familiar with the matter said.

    ** U.S. cybersecurity company NortonLifeLock Inc NLOK.O has agreed to buy London-listed rival Avast Plc AVST.L for up to $8.6 billion in cash and shares to create a leader in consumer security software.

    ** French retailer Carrefour CARR.PA is planning to launch a sale of its Taiwan business, which is valued at around 1.6 billion euros ($1.9 billion) in the coming weeks, three people with knowledge of the matter told Reuters.

    ** China Traditional Chinese Medicine Holdings 0570.HK said its parent Sinopharm had decided not to proceed with a possible privatisation of the Chinese medicine maker.

    ** Shares of debt-laden China Evergrande Group 3333.HK jumped after it confirmed that it is in talks to sell certain assets, as the move could ease cashflow pressure amid market speculation over a potential restructuring.

    ** Australia's Iress Ltd (IRE) said it had opened its books to EQT after the Sweden-based private equity firm made a revised proposal to buy the software provider for an enterprise value of A$3.2 billion ($2.35 billion).

    ** AT&T's T.N WarnerMedia is in talks to sell its tabloid TMZ to Fox Corp FOXA.O , the Information reported, citing people familiar with the situation.

    ** Truist Financial Corp TFC.N said it would buy ECN Capital Corp's ECN.TO service finance business for $2 billion, aiming to expand its point-of-sale lending business.

 
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Last
$8.93
Change
-0.200(2.19%)
Mkt cap ! $1.669B
Open High Low Value Volume
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No. Vol. Price($)
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Price($) Vol. No.
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