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Deals of the day-Mergers and acquisitions – 11/20/2024 at 11:40

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

The following deals, mergers, acquisitions and divestitures were reported at 1030 GMT on Wednesday:

** Singapore’s CapitaLand Investment CAPN.SI said it will acquire a 40% stake in SC Capital Partners Group (SCCP) for S$280 million (S$209.31 million), while investing a minimum of S$524 million in the company.

** Hong Kong telecommunications company HKBN Ltd

1310.HK said it had received a non-binding proposal from state-owned China Mobile 600941.SS for a possible takeover of the broadband services company as China Mobile seeks to strengthen its position in Hong Kong .

** Switzerland-based Amcor Plc 485.F AMCR.N agreed on Tuesday to buy U.S. peer Berry Global BERY.N for $8.43 billion in an all-stock deal, creating a packaging giant for consumer products and healthcare with combined revenues of $24 billion.

** Blackstone BX.N has agreed to buy Jersey Mike’s Subs, the sandwich chain said Tuesday, in a deal that a source said values ​​the company at about $8 billion, including debt .

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