MCR mincor resources nl

News: MCR Deals of the day-Mergers and acquisitions

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

    (Adds TD Bank Group, Apollo Management; updates Natura & Co, Nano Dimension)

    April 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1530 GMT on Tuesday:

    		** Private equity firm Apollo Management has made what it said was a final offer to buy 
    John Wood Group  WG.L  for 1.66 billion pounds ($2.1 billion) in cash, after the British 
    

    oilfield services and engineering firm rejected four earlier proposals.

    		** The chief executive of Brazilian cosmetics maker Natura & Co Holding SA  NTCO3.SA  
    said the company is now focused on a disciplined capital allocation after agreeing to sell 
    

    luxury brand Aesop to L'Oreal OREP.PA .

    		** Nano Dimension Ltd  2N5By.F  further sweetened its bid for the remaining stake in 
    Stratasys Ltd  SSYS.O  and hinted at taking the offer directly to the company's shareholders in 
    

    case it faced another rejection.

    		** TD Bank Group  TD.TO  should abandon or renegotiate its $13.4 billion acquisition of 
    U.S. lender First Horizon  FHN.N  as the regional banking crisis has unearthed unknown risks, 
    

    some small shareholders told Reuters.

    ** Australian aged-care provider Estia Health Ltd (EHE) said it will provide its suitor Bain Capital with a limited period of access to the company's non-public financial and other information on hopes of a revived and improved proposal.

    ** British asset manager Rathbones RAT.L said it had agreed to acquire the UK wealth business of Investec INLJ.J , INVP.L in an all-share deal that values the unit at 839 million pounds ($1.04 billion).

    ** Australian nickel miner Mincor Resources (MCR) recommended its shareholders vote in favour of a A$750.3 million ($509.08 million) buyout bid from Wyloo Metals, owned by Australian mining magnate Andrew Forrest.

    ** World Wrestling Entertainment Inc WWE.N will combine with Endeavor Group-owned EDR.N mixed martial arts franchise UFC to form a new, publicly listed entertainment giant valued at about $21 billion, the companies said.

    ** Copper and zinc miner Teck Resources TECKb.TO rejected an unsolicited $22.5 billion bid from Glencore Plc GLEN.L , citing reluctance to expose its shareholders to thermal coal, oil, LNG and related sectors.

 
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.