PAC 0.58% $10.36 pacific current group limited

News: PAC Deals of the day-Mergers and acquisitions

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    (Adds: Chico's FAS, Macquarie, Eutelsat, Mubadala; Updates: Gazprombank Group)

    Sept 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1545 GMT on Thursday:

    		** Chico's FAS  CHS.N  will be taken private by Sycamore 
    Partners for $938.1 million in an all-cash deal, the apparel 
    

    retailer said, sending its shares surging 63% in premarket trading.

    		** Asset manager Macquarie said it is considering a 
    possible cash offer for London-listed Renewi  RWI.L  which would 
    

    value the waste management firm at 636 million pounds (about $775 million).

    		** French satellite company Eutelsat  ETL.PA , the 
    world's third-biggest satellite operator by revenue, said  it 
    

    had completed the all-share merger with Britain's OneWeb to become Eutelsat Group, sending its shares as much as 6% higher.

    		** Mubadala is in talks to acquire a stake of less than 
    10% in India's Manipal Hospitals, in what could be the Abu Dhabi 
    

    sovereign fund's first investment in the booming Indian healthcare space, people with direct knowledge said.

    		** Gazprombank Group has bought 14 MEGA shopping centres 
    in Russia from a unit of IKEA store operator Ingka Group for an 
    

    undisclosed price, the companies said on Thursday, in the latest exit from Russian business by a Western company following the Ukraine conflict.

    ** Australia's Regal Partners (RPL) has walked away from its proposed A$573.5 million ($364.34 million) offer to buy local asset manager Pacific Current Group (PAC) , saying it had no confidence in the acquisition process.

    ** Instem Plc's INS.L second-largest shareholder, BGF, on said it does not support French private equity firm Archimed's 203 million pounds ($246.5 million) offer for the British life sciences software company.

    ** HSBC HSBA.L is set to acquire Citigroup's C.N China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of the matter said, in a major boost to the London-based bank's business in that country.

    ** Britain's antitrust regulator said Turkish domestic appliances maker Arcelik's ARCLK.IS proposed purchase of Whirlpool's WHR.N appliances business in Europe will be referred for a more in-depth probe.

    ** French energy company TotalEnergies TTEF.PA announced the finalisation of the sale of a 40% stake in Block 20 in the Kwanza Basin in Angola, to Petronas, and said the transaction was completed for $400 million.

    ** Australian lithium major Allkem (AKE) said that it has received, or will soon receive, the necessary competition and foreign investment approvals for its planned $10.6 billion merger with Livent LTHM.N .

    ** PGA Tour said its planned merger with Saudi-backed LIV Golf and DP World Tour has garnered unsolicited interest from investors as it continues to finalise an agreement with the Public Investment Fund and the DP World Tour.

    ** Indian conglomerate Vedanta Ltd VDAN.NS will separate its commodities businesses into four companies to get better valuations, a source with direct knowledge of the move told Reuters.

 
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