QAN 1.00% $6.09 qantas airways limited

News: QAN Deals of the day-Mergers and acquisitions

  1. 192,892 Posts.
    lightbulb Created with Sketch. 2816

    (Adds Legal & General, Rapid7, Edison and International Resources Holding)

    June 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

    ** Legal & General's LGEN.L investment management unit said that it is selling its stake in global commodities trader Glencore GLEN.L this year on concerns over its production of thermal coal.

    ** Jana Partners, the activist investor that has successfully pushed for the sale of multiple companies, has built a stake in Rapid7 and is urging the cybersecurity company to sell itself, a person familiar with the matter said.

    ** Edison EDNn.MI has acquired a 50% stake in a special purpose company aimed at developing a 975 megawatt (MW) offshore floating wind project in Sicily, the utility said.

    ** International Resources Holding (IRH), the mining investment arm of United Arab Emirates' richest company, is among investors holding talks on buying into Vedanta Resources' Zambian copper assets, a senior Vedanta executive told Reuters.

    		** German engineering group Robert Bosch is weighing a 
    bid for U.S. appliances manufacturer Whirlpool  WHR.N , 
    

    according to three people familiar with the matter, a move that would boost its position in the household appliances market.

    ** Haleon HLN.L will sell its nicotine replacement therapy business outside the U.S. to a unit of India's Dr. Reddy's REDY.NS for 500 million pounds ($632.55 million), the British consumer healthcare company said.

    ** Rovi ROVI.MC has received non-binding offers for its third-party manufacturing business, the Spanish pharmaceuticals firm said , without disclosing the names of the bidders.

    ** MNC Capital has increased its bid to acquire sporting and outdoor goods company Vista Outdoor VSTO.N to $3.2 billion, the investment firm said.

    ** Qatar Airways is in talks to buy up to a 20% stake in Bain Capital-owned Virgin Australia, the Australian Financial Review (AFR) reported , as carriers fight for more market share in the country against dominant airline Qantas (QAN) .

    ** Private equity giant Blackstone BX.N has agreed to buy British hotel operator Village Hotels, the company said, part of a wider investor push into the hospitality sector as it outperforms the broader commercial property market.

    ** Philips PHG.AS shares were up more than 2.5% Wednesday in the wake of a U.S. Securities and Exchange Commission (SEC) filing showing Exor EXOR.AS , the investment arm of Italy's Agnelli family, has increased its stake in the Dutch healthcare technology group.

    ** Japan's JX Advanced Metals, a unit of Eneos Holdings 5020.T , said it has agreed to sell an additional 19% stake in the operator of Caserones copper mine in Chile to Canada's Lundin Mining LUN.TO for $350 million.

    ** Nasdaq NDAQ.O said it has cancelled plans to sell its Nordic power trading and clearing business to Europe's biggest power bourse, the European Energy Exchange (EEX) T3PA.DE .

    ** British investment trusts Alliance Trust ATST.L and Witan WTAN.L have agreed to merge to create a company managing 5 billion pounds ($6.33 billion) of assets, in the latest example of consolidation in the fund management sector.

    ** U.S. meal delivery group Doordash DASH.O flagged an interest in a takeover of Britain's Deliveroo ROO.L last month, two people familiar with the matter told Reuters.

    ** British insurer Phoenix Group Holdings PHNX.L said it plans to explore a potential sale of its SunLife business.

    ** Zurich Insurance ZURN.S announced a $600 million deal to buy AIG's AIG.N global personal travel insurance and assistance business.

    ** Vedanta Resources will sell a 2.6% stake in Indian metals-to-oil firm Vedanta VDAN.NS to a group of institutional investors, the former said in a statement.

    ** Investment holding company PCCW 0008.HK said it would sell a 40% stake in Regional Link Telecom Services through a unit for $870 million to CM Capital.

    ** Private equity firm Kimmeridge, through its subsidiary Kimmeridge Texas Gas, has acquired a 90% stake in proposed U.S. liquefied natural gas export project Commonwealth LNG, it said on Tuesday.

 
watchlist Created with Sketch. Add QAN (ASX) to my watchlist
(20min delay)
Last
$6.09
Change
0.060(1.00%)
Mkt cap ! $9.923B
Open High Low Value Volume
$6.10 $6.11 $6.04 $25.10M 4.146M

Buyers (Bids)

No. Vol. Price($)
1 8587 $6.07
 

Sellers (Offers)

Price($) Vol. No.
$6.09 127451 10
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
QAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.