Deals of the day-Mergers and acquisitions

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds: International Airlines Group, Binance.US, Fnac Darty, Humana, Telefonica) Feb 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2230 GMT on Thursday:
** South Africa's plan to partially privatize its national airline, South African Airways, is in trouble because the country's competition regulator may not approve the deal, Semafor reported on Thursday, citing three people familiar with the matter.
** Iberia-owner International Airlines Group has agreed to pay 400 million euros ($423.84 million) to Spain's Globalia for the remaining 80% of airline Air Europa it did not already own, the company said in a statement on Thursday.
** The U.S. Securities and Exchange Commission and New York's top financial regulator have opposed crypto exchange Binance.US's $1 billion deal to buy bankrupt crypto lender Voyager, the latest in a string of U.S. regulatory moves against crypto firms.
** Fnac Darty's shares surged on Thursday after a media report said that Czech billionaire Daniel Kretinsky would be ready to buy the 24% stake in the company held by top shareholder Ceconomy , a German electronics retailer.
** Humana Inc will exit the employer-based insurance business over the next 18 to 24 months, it said on Thursday, to focus primarily on government-backed programs such as Medicare for people aged 65 and older and its specialty businesses.
** Telefonica supports the merger of its two smaller Spanish rivals MasMovil and the local unit of France's Orange , its CEO Jose Maria Alvarez-Pallete said. (Compiled by Anirban Chakroborti Bengaluru)

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