RPL 2.47% $3.74 regal partners limited

News: RPL Deals of the day-Mergers and acquisitions

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    Nov 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday:

    ** Australia's Mineral Resources (MIN) bought additional shares in lithium miner Azure Minerals (AZS) to raise its stake to 12.29%, a regulatory filing showed.

    ** British electricals retailer Currys CURY.L said it will exit Greece after agreeing to sell its Kotsovolos unit to Greek power utility Public Power Corporation DEHr.AT for an enterprise value of 175 million pounds ($214 million).

    ** Indian textiles maker Raymond RYMD.NS said it will buy a majority stake in automotive firm Maini Precision Products Limited (MMPL) MAPI.NS for 6.82 billion rupees ($81.91 million), to bolster its engineering business.

    ** Arvind Fashions ARVF.NS said it will sell its beauty brands division, which retails products of LVMH-owned LVMH.PA beauty chain Sephora, to billionaire Mukesh Ambani's retail unit Reliance Retail for 990.2 million rupees ($11.89 million).

    ** Australia's Tietto Minerals (TIE) said that a takeover offer by a unit of China's Zhaojin Mining Industry 1818.HK "materially undervalues" the company.

    ** Australian investment manager Regal Partners (RPL) said it agreed to buy premier financial service provider PM Capital Ltd, which would take its total funds under management to A$10.8 billion ($6.94 billion) on a pro-forma basis.

    ** Bunge has filed for regulatory approvals for its merger with crop handler Viterra in "major jurisdictions" in North and South America, Europe and China, and has gotten the green light from some of its smaller markets including Colombia, Chief Executive Officer Greg Heckman said.

    ** Cedar Fair FUN.N and Six Flags Entertainment SIX.N agreed to merge to spur a post-COVID-19 pandemic recovery that U.S. amusement park operators have been chasing, as consumers have curbed spending due to an uncertain economic outlook.

 
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