Feb 7 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on Tuesday:
** Top Japanese banks have agreed to issue commitment
letters for a 1.4 trillion yen ($10.60 billion) loan that backs
a Japan Industrial Partners-led consortium's takeover offer for
Toshiba , Bloomberg News reported, citing
sources.
** Apollo Global Management Inc is among a group of
financial firms in talks to buy a stake in Credit Suisse Group's revamped investment bank, the Wall Street Journal
reported, citing people familiar with the matter.
** BNP Paribas is not interested in buying a stake
in Orange's banking unit, Chief Executive Jean-Laurent
Bonnafe said.
** Holcim AG , the world's biggest cement maker, has
agreed to buy U.S. roofing systems manufacturer Duro-Last in a
$1.29 billion deal, the Swiss company said , its latest move to
bolster its presence in North America.
** South Korea's Kakao Corp said it will acquire
a 9.05% stake in SM Entertainment , an entertainment
agency behind K-pop acts, including NCT and Aespa, in a deal
worth 217.2 billion won ($172.8 million).
** Barrick Gold has ruled out a counterbid for
number-one Australian gold producer Newcrest Mining ,
its chief executive told Bloomberg, eliminating what had seemed
to be the most likely prospect of a rival to bidder Newmont .
** Philippine conglomerate Metro Pacific Investments Corp said it has entered into a deal to acquire a third of
Axelum Resources Corp to expand its agriculture
portfolio.
** CVS Health Corp is close to an agreement to buy
primary care center operator Oak Street Health Inc for
about $10.5 billion, including debt, the Wall Street Journal
reported on Monday, citing people familiar with the matter.
** Australia's Nitro Software said private equity
firm Potentia Capital had indicated it may be in a position to
beef up its takeover offer to gain due diligence, a move aimed
at outbidding rival buyer, KKR Inc-backed Alludo.
** Britain's RELX has agreed to buy Aistemos, a firm
that uses artificial intelligence to classify patents, for
around 30 million pounds ($36 million) to enhance its
intellectual property (IP) analytics, a source close to the
company said.
** Vontobel Asset Management on Monday became the fourth
Ritchie Bros Auctioneers shareholder to come out with
concerns about the company's planned buyout of IAA Inc . (Compiled by Priyamvada C and Rajarshi Roy in Bengaluru)
Rajarshi.Roy@thomsonreuters.com;))
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