(Adds Casino; updates Focus Financial Partners)
Feb 2 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2058 GMT on
Thursday:
** Casino's preliminary talks with Teract to combine their French retail activities perplexes
some analysts, who say a deal wouldn't address the supermarket
group's urgent need to slash debt.
** Focus Financial Partners Inc has received a
proposal from buyout firm Clayton, Dubilier and Rice (CD&R) to
take it private at a $4.1 billion valuation, according to a
statement.
** Berkshire Hathaway, the investment company owned by
Warren Buffett, has sold 1.55 million Hong Kong-listed shares of
electric vehicle maker BYD for HK$351.81
million ($44.85 million), a stock exchange filing showed.
** Japanese trading house Sojitz Corp , which
reported record profit for the nine months to end-December, said
it was selling its 12.5% stake in Canada's Gibraltar
Mines.
** Spain's Santander is not interested in the
potential acquisition of Orange Bank , the mobile
banking unit of Orange, Chairman Ana Botin said.
** Austrian energy group OMV currently sees no way to
sell its stake in the Russian Yuzhno-Russkoye gas field, its
finance chief said.
** India's Adani group shares plunged, wiping $100 billion
from the conglomerate's listed firms over the past few days,
after flagship Adani Enterprises Ltd withdrew its $2.5
billion secondary share sale, marking a setback for the
billionaire.
** Telecom Italia has received a bid for a
controlling stake in its fixed-line network from U.S. fund KKR , as Italy's biggest phone group looks to raise cash from
its main asset to cut debt.
** Hong Kong's New World Development is talking to
investors about the sale of a majority stake in an office tower
under its premium K11 brand as it disposes of non-core assets to
fund its rapid expansion, two people with direct knowledge of
the matter said. (Compiled by Rajarshi Roy, Ankit Kumar and Sriparna Roy in
Bengaluru)
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