SBM st barbara limited

News: SBM Deals of the day-Mergers and acquisitions

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    (Adds: Silver Lake Resources Ltd, Sacyr Updates: Siemens Energy, Volkswagen, Yandex)

    May 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1945 GMT on Friday:

    ** Sacyr is negotiating with Spanish firm Bestinver to sell its 45% stake in the Irish motorway N6 and thus fully exit the concessions business in Ireland, two people familiar with the talks said.

    		** German power equipment and service group Siemens 
    Energy  ENR1n.DE  is close to selling its minority stake in a 
    

    Spanish wind turbine towers joint venture to British fund Bridgepoint BPTB.L , two people familiar with the matter said.

    		** Silver Lake Resources Ltd  (SLR)  raised its offer 
    to acquire gold miner St Barbara Ltd's  (SBM)  Leonara assets 
    

    in Western Australia for A$722 million ($489.73 million).

    		** Volkswagen  VOWG_p.DE  has completed the sale of its 
    Kaluga production plant in Russia and its local subsidiaries, 
    

    the German carmaker said , ending months of wrangling with Russian authorities over the deal.

    ** Nasdaq-listed Yandex YNDX.O , often dubbed "Russia's Google", has received bids from Russian billionaires for assets it is seeking to divest in the country that value them at some $14 billion, three people familiar with the matter told Reuters.

    ** Chinese private equity firm Trustar Capital has hired Citigroup C.N to manage a sale of Hong Kong-based soy sauce maker Amoy Food Ltd, three people with knowledge of the discussions said.

    ** Brookfield Asset Management BAM.TO will sell two commercial properties in India to a partnership of its locally listed REIT Brookfield India BROF.NS and Singapore sovereign wealth fund GIC in a deal with an enterprise value of $1.4 billion.

    ** The U.S. Justice Department is considering suing to block Korean Air's 003490.KS planned acquisition of Asiana Airlines 020560.KS , Politico reported on Thursday.

    ** Brazil retailer Americanas SA AMER3.SA said on Thursday it will next week start to seek potential bidders for the acquisition of its Hortifruti Natural da Terra (HNT) business unit.

    ** Brazilian miner Vale SA VALE3.SA received binding offers for a stake in its base metal unit, local newspaper Valor Economico reported on Thursday, citing unnamed sources.

    ** Investment advisory firm Edenbrook Capital sent a letter to the board of Canada's Absolute Software Corp ABST.TO saying the deal for the company to be taken private by Crosspoint Capital Partners "significantly undervalues" the firm.

 
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Last
30.0¢
Change
-0.005(1.64%)
Mkt cap ! $324.8M
Open High Low Value Volume
31.0¢ 31.5¢ 30.0¢ $1.090M 3.573M

Buyers (Bids)

No. Vol. Price($)
7 454995 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 109231 2
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