Feb 14 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1200 GMT on Tuesday:
** Brazilian mining company Vale has bought back
a 30% stake in Vale Oman from Oman's state energy company OQ,
the Omani state news agency reported.
** Saudi Arabia's sovereign wealth fund has invested a total
of $1.3 billion in four local construction firms to support the
sector tasked with spearheading projects across the kingdom, it
said on Tuesday.
** Paramount Global is again seeking to sell Simon
& Schuster, months after the media company's $2.2 billion deal
to sell the book publisher to Penguin Random House collapsed,
according to people familiar with the matter.
** Activist investor Engine Capital took a 1% stake in
Germany's Brenntag SE and became the second
shareholder to urge the chemicals distributor to spin off its
specialties unit, saying this would dramatically boost its
shares.
** Czech investor Pavel Tykac said on Tuesday he would like
to raise his stake in MONETA Money Bank to around 20%
and could approach the lender's biggest shareholder PPF about
buying some of its share.
** The Krause family is exploring options for Kum & Go, the
U.S. convenience store chain it launched more than 60 years ago,
potentially including a sale of the company that could value it
at close to $2 billion, according to people familiar with the
matter. (Compiled by Rajarshi Roy and Anirban Chakroborti in Bengaluru)
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