SUN suncorp group limited

News: SUN Deals of the day-Mergers and acquisitions

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    July 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday:

    ** Hong Kong-based conglomerate Swire Pacific Ltd 0019.HK said it would buy the packaging and distribution operations of Coca-Cola in Vietnam and Cambodia, marking its expansion into the southeast Asian beverages market.

    ** North Africa focused gas producer SDX SDX.L said a new group of investors holding more than a quarter of the company's capital and led by trading company Aleph planned to oppose its planned merger with Canada's Tenaz Energy TNZ.TO

    ** A group led by French investment firm Astorg Asset Management said it would offer to buy Euromoney ERM.L in a deal that could value the British business-to-business information company at 1.66 billion pounds ($1.97 billion)

    ** Investment company Actis and Mainstream Renewable Power, a company controlled by Norway's Aker Horizons AKH.OL said it has signed an agreement to sell renewable energy company Lekela Power.

    ** Australia and New Zealand Banking Group (ANZ) is buying the banking arm of insurer Suncorp Group (SUN) for A$4.9 billion ($3.33 billion), as the smallest of Australia's major lenders seeks to revive growth at home after falling behind rivals.

    ** Australia and New Zealand Banking Group Ltd (ANZ) said that it withdrew from talks with private equity giant KKR & Co KKR.N to buy software firm MYOB Group, in a deal that local media had pegged at over A$4.5 billion ($3.06 billion)

    ** New Zealand's infrastructure investment company Infratil Ltd (IFT) said Vodafone New Zealand would sell its passive mobile tower assets for NZ$1.7 billion ($1.05 billion) to funds managed by two global investment firms.

    ** Egyptian property company Madinet Nasr for Housing and Development MNHD.CA has rebuffed a takeover bid by rival SODIC OCDI.CA , saying on Sunday the offer did not represent the company's true value and calling on SODIC to reconsider it.

 
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Last
$20.60
Change
0.120(0.59%)
Mkt cap ! $22.30B
Open High Low Value Volume
$20.36 $20.60 $20.28 $38.58M 1.878M

Buyers (Bids)

No. Vol. Price($)
1 2000 $20.53
 

Sellers (Offers)

Price($) Vol. No.
$20.62 1120 2
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