Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Deals of the day-Mergers and acquisitions

Published 2016-06-16, 09:30 a/m
© Reuters.  Deals of the day-Mergers and acquisitions

(Adds Lukoil, Logoplaste, Glencore , Deutsche Telekom, 1MDB,
VEB, NBAD, Raiffeisen Bank)
June 16 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on
Thursday:

** Envision Healthcare Holdings Inc EVHC.N and AmSurg Corp
AMSG.O have agreed to an all-stock merger that would create a
healthcare service provider with a proforma market value of
about $10 billion, the companies said on Wednesday. FireEye Inc FEYE.O hired Morgan Stanley (NYSE:MS) to explore a
sale but has since rejected at least two takeover offers this
year - including one from Symantec Corp SYMC.O - as they were
below its expectations, Bloomberg reported. Chinese home appliance maker Midea 000333.SZ said it
would allow German industrial robot maker Kuka KU2G.DE to
operate independently and help it expand in China as it formally
launched a 4.5 billion-euro ($5.1 billion) offer.
Russia's No.2 oil producer Lukoil LKOH.MM values oil
company Bashneft BANE.MM , in which it plans to buy a stake as
part of a government privatisation, at $4.0-$4.5 billion, Lukoil
CEO Vagit Alekperov told reporters on Thursday. Dutch chipmaking equipment firm ASML Holdings NV
ASML.AS has agreed to buy Taiwanese peer Hermes Microvision
Inc (HMI) 3658.TWO for about T$100 billion ($3.1 billion) to
strengthen the pair's technology offering for semiconductor
manufacturers. Spanish builder and service provider ACS ACS.MC is
close to finalising the sale of its waste management business,
Urbaser, to Chinese groups for more than 2 billion euros ($2.3
bln), two newspapers reported. U.S. chipmaker Cavium Inc CAVM.O said it would buy
network equipment maker QLogic Corp QLGC.O for about $1.36
billion, as it looks to expand in the data center and storage
market. U.S. shale oil producer Devon Energy Corp (NYSE:DVN) DVN.N said on
Wednesday it would sell Texas acreage to Pioneer Natural
Resources Co PXD.N and an undisclosed buyer for $858 million,
as the pace of asset sales picks up on recovering oil prices.
The family owners of Portuguese plastics packaging firm
Logoplaste are in advanced talks with Carlyle CG.O about an
investment by the buyout group, three people familiar with the
matter said. General Electric (NYSE:GE) GE.N is in talks with the French state
and several companies about acquiring Areva-Gamesa's AREVA.PA
GAM.MC offshore wind joint venture Adwen, GE chief Jeff Immelt
told French daily Le Figaro. Tech giant Samsung Electronics Co Ltd 005930.KS said on
Thursday it will acquire U.S-based firm Joyent Inc to boost its
cloud computing and "internet-of-things" capabilities for an
undisclosed sum. Glencore GLEN.L is planning to sell its option in a
gold mine owned by Falco Resources FPC.V , two sources familiar
with the situation said on Thursday, as the mining group and
commodities trader presses ahead with asset sales. Deutsche Telekom DTEGn.DE is eyeing a bid for web
hosting provider Host Europe Group (HEG) as it seeks to beef up
its cloud operations, five sources close to the matter said.
The Malaysian government signed an agreement on Thursday
to take over 1Malaysia Development Berhad's (1MDB) remaining
stake in a multi-billion dollar development project, as the
troubled state fund seeks to cut its debts. Russian state development bank VEB is discussing the sale
of its stake in the Moscow Exchange MOEX.MM to Russia's
central bank, Interfax news agency cited the lender's first
deputy chairman as saying. National Bank of Abu Dhabi NBAD.AD and First Gulf Bank
FGB.AD have held preliminary discussions on a possible merger
of the Abu Dhabi-based lenders, two sources with knowledge of
the matter said. Austria's Raiffeisen Bank International RBIV.VI aims to
sell its Polish unit, Polbank, to a bank listed in Poland, its
chief financial officer said on Thursday. Dutch infrastructure fund DIF and French utility EDF
EDF.PA confirmed that they have agreed to buy German gas grid
Thyssengas from Macquarie MQG.AX .

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

** Brazil's state-controlled oil company Petróleo Brasileiro
SA has kicked off a competitive auction process to sell Liquigás
Distribuidora SA, a subsidiary focused on the distribution and
sale of liquefied natural gas.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.