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Deals of the day: Mergers and acquisitions

Published 2019-12-20, 09:32 a/m
Updated 2019-12-20, 09:43 a/m
© Reuters.  Deals of the day-Mergers and acquisitions

Dec 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Friday:

Wind farm developer and takeover target PNE AG PNEGn.DE won around 30 megawatts in Germany's latest onshore wind auction, a spokesman said, capturing a 6% share of the total on offer.

Italian spirits group Campari CPRI.MI has agreed to buy the distributor of its brand portfolio in France for an enterprise value of 60 million euros ($67 million), the company said.

Just Eat JE.L backed a final all-share offer from Takeaway.com TKWY.AS and rejected a rival cash bid from Prosus PRX.AS, saying a tie-up with Takeaway to create one of the leading online food delivery companies was compelling.

Johnson & Johnson (NYSE:JNJ) JNJ.N said it would acquire the remaining stake in Verb Surgical Inc, from Verily, Alphabet Inc's GOOGL.O life sciences division.

Semiconductor company Mellanox Technologies MLNX.O has received approval from EU antitrust body and Mexico for its proposed acquisition by chipmaker Nvidia NVDA.O for $6.8 billion, a regulatory filing showed on Thursday.

Brazilian personal care cosmetics group Natura & Co said on Thursday it has received all regulatory approvals to complete the acquisition of Avon Products (NYSE:AVP), Inc., paving the way for the the transaction to close on Jan. 3, 2020.

Miner Centamin Plc CEY.L should extend a deadline for Canada's Endeavour Mining Corp EDV.TO to make a firm takeover offer, a top shareholder with both companies said on Thursday, increasing pressure on the London-listed miner to engage in talks.

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OL Groupe, the parent company of French Ligue 1 team Olympique Lyonnais, has completed the takeover of National Women's Soccer League (NWSL) franchise Reign FC in a deal worth $3.51 million, OL Groupe and Reign said on Thursday.

U.S. multi-family apartment firm UDR Inc UDR.N is exploring a combination with Mack-Cali Realty Corp CLI.N , an owner of multi-family rental properties and commercial office space, people familiar with the matter said on Thursday.

Digital mapping company HERE Technologies sold a 30% stake to Mitsubishi Corp 8058.T and Nippon Telegraph and Telephone Corp (NTT) 9432.T, diluting German carmakers' stake to 54% amid uncertainty about the profit potential from autonomous cars.

Australian miner South32 Ltd S32.AX and Canadian base metal explorer Trilogy Metals Inc TMQ.TO will become equal partners in a joint venture that will own and operate an Alaskan copper and base metal project, the two companies said.

Russia's second-largest lender VTB Bank VBTR.MM said it may sell a stake in its grain holding company to a private investor, the Interfax news agency cited VTB First Deputy CEO Yuri Soloviev.

Ograi BidCo, managed by private investment firm Searchlight, raised its cash bid for Swedish vehicle inspection company Opus Group OPUS.ST to 2.47 billion crowns ($262.18 million), and said the offer would not be raised further.

French investment company Tikehau Capital reached its first private equity deal in Spain with the 81 million euro ($90 million) acquisition of some of the assets of Acek Energias Renovables.

Fiat Chrysler (FCA) FCHA.MI agreed to sell its Teksid cast iron automotive components business to Brazilian Tupy TUPY3.SA for an enterprise value of 210 million euros ($233.44 million), the car maker said.

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Hyundai Motor 005380.KS and affiliate Kia Motors 000270.KS have decided to secure electric vehicle batteries from SK Innovation 096770.KS for the next four to five years, Maeil Business Newspaper said, citing industry sources.

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