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Deals of the day: Mergers and acquisitions

Published 2019-10-15, 09:06 a/m
© Reuters.  Deals of the day-Mergers and acquisitions
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Oct 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 13:30 hours GMT on Tuesday:

** California chipmaker Intel Corp INTC.O has agreed to purchase a software business from Toronto-based information technology firm Pivot Technology Solutions Inc PTG.TO , Intel said.

Private equity firm Blackstone (NYSE:BX) Group BX.N said it would launch a tender offer for Unizo Holdings 3258.T at 5,000 yen a share, doubling down on its $1.6 billion offer after the proposal was rebuffed by the Japanese hotel chain.

A KKR-led KKR.N consortium said it will invest $685 million in the largest hospital group in the Philippines, seeking to capitalize on growing demand for private healthcare in Southeast Asia.

U.S. luxury department-store chain Barneys New York Inc is nearing a roughly $270-million deal with brand developer Authentic Brands Group that could lead to Barneys shops opening in Saks Fifth Avenue stores, people familiar with the matter said.

PT Indosat ISAT.JK , the Indonesian unit of Qatar's Ooredoo Group, said it has signed a 6.4 trillion rupiah ($452.30 million) deal to sell 3,100 telecommunication towers, which will be leased back.

France-based investment firm Wendel MWDP.PA said it had signed an agreement to acquire U.S. company Crisis Prevention Institute (CPI) from San Francisco-based FFL Partners in a deal with an enterprise value of $910 million.

Russia's RDIF sovereign wealth fund said it would sign 10 investment agreements worth more than $1.3 billion with partners from the United Arab Emirates including the Mubadala Investment Company.

Japan's Takeda Pharmaceutical Co Ltd 4502.T said it will sell a portfolio of over-the-counter and prescription medicines in the Middle East and Africa to Swiss pharmaceuticals company Acino International for more than $200 million.

Spain's Naturgy Energy Group SA NTGY.MC and Algeria's Sonatrach have agreed to buy Abu Dhabi state fund Mubadala's 42.09% stake in the Medgaz pipeline, which carries natural gas from Algeria to Spain, Naturgy said. The deal values the infrastructure at 1.9 billion euros including debt.

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