Feb 6 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on Monday:
** Commodity price and news specialist Fastmarkets has
acquired Singapore-based Palm Oil Analytics, expanding its
coverage of vegetable oil and biofuel markets, it
said.
** Nissan and Renault unveiled details of
their redesigned alliance, with the Japanese car maker
committing to buy a stake of up to 15% in Renault's electric
vehicles unit Ampere.
** Australia's Recharge Industries was selected as the
preferred bidder to buy Britishvolt, the collapsed UK startup
which had struggled to fund a major electric vehicle battery
factory in northern England.
** Top gold producer Newmont Corp said it had made a
$16.9 billion offer for Australian peer Newcrest Mining Ltd to build a global gold behemoth, although investors and
analysts said it undervalued the target amid a leadership
change.
** U.S. investor Sixth Street is among the firms preparing a
bid for a part of the media and commercial rights to Germany's
football league, the Financial Times reported, citing people
familiar with the matter.
** Philippine conglomerate Metro Pacific Investments Corp is in talks to acquire a significant share stake in
Axelum Resources Corp , a manufacturer and exporter of
coconut products, two sources with knowledge of the deal said.
** Public Storage , the largest U.S. operator of
self-storage properties, on Sunday unveiled an $11 billion
hostile bid for Life Storage Inc , ratcheting up attempts
to buy its smaller rival after its earlier takeover attempts
were rebuffed.
** South Korea's Dongwon Industries Co Ltd in a
regulatory filing said it is considering buying the local unit
of U.S. fast-food chain McDonald's Corp .
** Gina Rinehart-owned Hancock Energy said that its updated
A$0.36 per share offer for Australia's Warrego Energy ,
which valued the oil and gas explorer at A$440 million ($304
million) has received the minimum required 40% approval from
Warrego shareholders.
** Australian copper and gold producer OZ Minerals said its A$9.6 billion ($6.61 billion) buyout by BHP Group received approval from Brazilian competition regulator
the Administrative Council for Economic Defence.
** Tenaris SA said on Sunday that Benteler North
America Corp has called off a previously announced agreement to
sell 100% of its shares in its steel pipe business to the
Luxembourg-based company. (Compiled by Priyamvada C and Rajarshi Roy in Bengaluru)
Rajarshi.Roy@thomsonreuters.com;))
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