MYR 2.61% 78.5¢ myer holdings limited

News: MYR Deals of the day-Mergers and acquisitions

  1. 190,503 Posts.
    lightbulb Created with Sketch. 2791

    (Adds Riot Platforms, Vista Outdoor, UBS, Telecom Italia, Africa Oil; updates Eni, Covestro, Sonoco Products)

    June 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Monday:

    		** Bitcoin miner Riot Platforms  RIOT.O  said it was withdrawing its 
    offer for Bitfarms  BITF.TO  and had nominated three directors to the board of 
    

    rival crypto miner.

    		** Vista Outdoor  VSTO.N  agreed to sell its sporting products and 
    ammunition business to Czechoslovak Group (CSG) for about $2 billion, after the 
    

    Prague-based defense firm raised its offer for a second time.

    		** UBS  UBSG.S  is selling a partial stake in one of its securities 
    joint ventures to Beijing State-owned Asset Management (BSAM), a key step for 
    

    the Swiss bank as it consolidates operations in China after its merger with Credit Suisse.

    		** Telecom Italia (TIM) will finalise the landmark sale of its domestic 
    fixed line access network to KKR  KKR.N  on July 1, the Italian company said. 
    

    		** Italian energy group Eni  ENI.MI  expects to complete the sale of a 
    minority stake in its biofuel unit Enilive by the end of 2024, Chief Executive 
    

    Claudio Descalzi said.

    		** German chemicals firm Covestro  1COV.DE  is giving ADNOC access to 
    its books and stepping up talks based on an improved 11.7 billion euro ($12.5 
    

    billion) takeover offer, after more than a year of courtship by the Emirati energy company.

    		** Sonoco Products  SON.N  said it would buy European food cans maker 
    Eviosys from private equity group KPS Capital Partners in a $3.9 billion deal, 
    

    to expand its metal and aerosol packagingbusiness.

    		** Africa Oil  AOI.TO  has agreed to buy out BTG Pactual Oil & Gas's 50% 
    holding in their Prime Oil & Gas joint venture in a deal that will see it take 
    

    on BTG as a major shareholder, it said.

    ** Allianz Global Investors (AGI), one of the investment arms of German insurer Allianz, has become the first foreign company to own a stake in China's pension insurance giant Guomin Pension.

    ** German property lender Aareal Bank will book a gain of around 2 billion euros ($2.14 billion) after it sells its tech unit Aareon to private equity firm TPG and investor CDPQ, it said in announcing the deal.

    ** Carlsberg CARLb.CO said that PepsiCo PEP.O has agreed to waive a clause in its bottling deal with Britvic BVIC.L , making the British firm a more attractive acquisition after a $3.9 billion bid by the Danish brewer was rejected.

    ** Australian miner Paladin Energy (PDN) said it had entered into an agreement to buy Canada's Fission Uranium Corp FCU.TO for an implied equity value of C$1.14 billion ($833.03 million).

    ** Safran SAF.PA has entered exclusive talks to buy Preligens, a specialist in artificial intelligence solutions in aerospace and defence, at an enterprise value of 220 million euros ($235.4 million), the French jet engine maker said.

    ** British e-commerce firm THG THG.L has agreed to sell its portfolio of luxury goods websites to Mike Ashley's Frasers Group FRAS.L for an undisclosed sum, it said.

    ** Australia's Premier Investments (PMV) said department store chain Myer Holdings (MYR) had offered to buy its apparel brands business in an all-scrip deal, sending its shares more than 7% higher in early trade.

    ** United Parcel Service UPS.N , the world's biggest package delivery firm, will sell its Coyote Logistics business unit to RXO RXO.N for $1.025 billion, the companies said on Sunday.

 
watchlist Created with Sketch. Add MYR (ASX) to my watchlist
(20min delay)
Last
78.5¢
Change
0.020(2.61%)
Mkt cap ! $652.9M
Open High Low Value Volume
76.0¢ 79.0¢ 76.0¢ $1.245M 1.599M

Buyers (Bids)

No. Vol. Price($)
1 28610 78.5¢
 

Sellers (Offers)

Price($) Vol. No.
79.0¢ 46915 4
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
MYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.