Offers of the day-Mergers and acquisitions – 11/15/2024 at 10:57 p.m.

Offers of the day-Mergers and acquisitions – 11/15/2024 at 10:57 p.m.
Offers of the day-Mergers and acquisitions – 11/15/2024 at 10:57 p.m.

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

(Updates TT Electronics; adds Astorg, Gabon, Endesa, Moltiply Group, Compass Minerals)

The following deals, mergers, acquisitions and divestitures were reported at 2145 GMT on Friday:

** Compass Minerals CMP.N is in talks with private equity firms to sell itself, three sources familiar with the matter said, after an aborted lithium mining project hit the mineral producer's shares, which is worth about $1.5 billion, including debt.

** Italian group Moltiply MOL.MI has emerged as the sole bidder for German media group ProSiebenSat.1 PSMGn.DE's Verivox price comparison portal, according to two sources familiar with the matter.

** Spanish power company Endesa ELE.MC agreed to buy 626 megawatts (MW) of hydropower assets from power company Acciona Energia ANE.MC for 1 billion euros ($1.05 billion ), Acciona Energia said on Friday.

** Gabon said Friday it had reached an agreement to repurchase $290 million of its $605 million Eurobond maturing in 2025.

** Private equity firm Astorg is close to selling its U.S. intellectual property software company Anaqua to Nordic Capital for about $2.5 billion, two people familiar with the matter told Reuters .

** Danish shipping and logistics company DFDS DFDS.CO said it had agreed to buy the international transport network of Turkish company Ekol Logistics, reversing a decision two weeks ago to end to the operation.

** Private equity firm KKR KKR.N raised its buyout offer for Fuji Soft 9749.T by 7 percent to 9,451 yen ($60.86) a share, the Japanese software developer said, surpassing close to a rival offer of 9,450 yen from Bain Capital.

** The Swedish government has agreed to sell Bilprovningen, a state-owned motor vehicle inspection group, to Germany's TUV Rheinland for 1.20 billion crowns ($109 million), Finance Minister Elisabeth Svantesson said during a a press conference.

** Singapore's competition regulator has approved South Korean conglomerate Hanwha Group's $US790.6 million ($589.30 million) bid for oil firm Dyna-Mac DMHL.SI .

** Britain's TT Electronics TTG.L said on Friday it had rejected a takeover proposal from an unidentified suitor that was higher than the 248.6 million pound ($315.2 million) proposal. – which it also rejected – of Volex Plc VLX.L.

** Halozyme Therapeutics HALO.O said on Thursday it had offered to buy German drug developer Evotec

EVTG.DE for around 2 billion euros ($2.10 billion), to expand its drug discovery and development portfolio.

** Finnish engineering company Cargotec Corp CGCBV.HE said on Thursday it would sell its MacGregor cargo handling business to European private equity firm Triton in a deal valued at 480 million euros ($506 million), including debt

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