Deals of the day-Mergers and acquisitions – 12/20/2024 at 10:45 p.m.

Deals of the day-Mergers and acquisitions – 12/20/2024 at 10:45 p.m.
Deals of the day-Mergers and acquisitions – 12/20/2024 at 10:45 p.m.

((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))

The following deals, mergers, acquisitions and divestitures were reported before 2030 GMT Friday:

** BHP BHP.AX, the world's largest mining operator, would have to offer a premium of at least 40% over Anglo American AAL.L's share price to launch a new takeover bid, now that its rival's value has been boosted by asset sales, two sources familiar with the matter told Reuters.

** Independent insurance intermediary (re)BMS Group has completed the acquisition of British broker David Roberts & Partners (DR&P).

** French maritime data analytics platform Kpler wants to buy ship tracking company Spire Maritime, whose satellite data is a vital resource for oil traders and shipping companies, but some Spire clients fear Kpler will cut their funding and expressed their competition concerns to American authorities, according to sources familiar with the matter.

**TechStar Acquisition Corp 7855.HK, a Hong Kong-listed acquisition company, said it is ready to merge with Seyond Merger Sub, a specialist acquisition unit of Seyond Holdings, in a transaction PSPC.

** French cosmetics giant L'Oréal OREP.PA is in final talks to acquire South Korean skincare company Gowoonsesang Cosmetics owned by Mibelle Group, a unit of Swiss retailer Migros, according to two sources with knowledge of the operation.

** TVN Group's owner has started the process of selling the Polish media broadcaster, four people familiar with the matter told Reuters.

** Northern Oil and Gas NOG.N has made an acquisition offer for Granite Ridge Resources GRNT.N , a smaller U.S. producer with operations in basins such as the Permian and Eagle Ford, according to people familiar with the matter.

** Nippon Steel 5401.T alleges the White House exerted “impermissible undue influence” on the national security review of its $14.9 billion bid for US Steel XN and threatened action in court if the operation was blocked.

** India's competition watchdog has approved UltraTech Cement's acquisition of India Cements ICMN.NS

ULTC.NS .

**Credit Agricole CAGR.PA has agreed to buy Santander SAN.MC's 30.5% stake in asset custody and services entity Caceis, the banks said, in a deal that will give the bank Frenchman has total control of the activity.

** Australian conglomerate Wesfarmers WES.AX said it would sell its industrial gas supply arm, Coregas, to Japanese multinational Nippon Sanso 4091.T for A$770 million ($480.33 million).

** Hotel Property Investments HPI.AX said that after reassessing the purchase offer, it recommended shareholders accept the offer from a consortium led by Charter Hall Retail REIT CQR.AX , which values ​​the owner of ads to 755.8 million Australian dollars ($471.47 million).

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