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Deals of the day-Mergers and acquisitions

Published 2022-11-15, 05:11 p/m
© Reuters.  Deals of the day-Mergers and acquisitions

Nov 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 11:00 a.m. GMT on Tuesday:

** Farallon Capital Management, Triatomic Capital and Franklin Resources Inc (NYSE:BEN) were among the large investors that added positions in Twitter Inc (NYSE:TWTR) over the third quarter, benefiting when Elon Musk's $44 billion acquisition of the social media company closed in October, securities filings released on Monday showed.

** Brazilian port operator CLI concluded the payment of 1.4 billion reais ($263.43 million) on Monday to railway company Rumo SA for control of a grain terminal in Santos port, the company said. ** Berkshire Hathaway (NYSE:BRKa) Inc said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing Co , a rare significant foray into the technology sector by billionaire Warren Buffett's conglomerate. ** In its effort to win takeover approval, telecom provider Rogers Communications Inc (TSX:RCIa) on Monday presented documents to a tribunal that show Canada's second-largest telecom company Telus Corp (TSX:T) attempted to sabotage Rogers' C$20 billion ($15 billion) deal to buy Shaw Communications Inc . ** Australia's MSL Solutions Ltd will be acquired by private equity firm Pemba Capital Partners at an equity value of A$119 million ($79.72 million), the software maker said. ** Australia's Nitro Software said its board had determined the near A$500 million ($335 million) offer from KKR Inc's Alludo to be "superior" to an earlier bid from major shareholder Potentia Capital Management. ** Italy's biggest lender Intesa Sanpaolo (BIT:ISP) said it had sold its entire 5.1% stake in Nexi for 584 million euros ($606 million).

** Australia's top fertiliser maker Incitec Pivot Ltd said on Tuesday it received a number of potential buyout offers for its U.S. ammonia manufacturing facility, sending its shares up more than 10%. (Compiled by Sriparna Roy in Bengaluru)

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