March 2 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Thursday:
** German speciality chemicals group Evonik Industries is ready to take its time if needed in selling its
Performance Intermediates business, which it put up for sale,
board member Harald Schwager said.
** Britain's Saga plc said exclusive talks with
Australian insurance group Open about a potential sale of its
underwriting arm had ended without an agreement.
** The Indian government has written to the markets
regulator underscoring its opposition to Hindustan Zinc's plans to buy two Vedanta Group subsidiaries, three
government officials said.
** Inpex , Japan's largest oil and gas exploration
and production company, said it has bought a 16.7% stake in the
Moray East offshore wind farm in Scotland from Mitsubishi to expand further into renewable energy.
** Technology investor Prosus is considering a sale
of its OLX Autos classified advertising business, the company
said.
** Shares of Hong Kong telco HKBN Ltd rose as much
as 6% after it confirmed it had received takeover interest from
infrastructure investor I Squared Asia Advisors.
** Australia's Nitro Software Ltd recommended its
shareholders accept private equity firm Potentia Capital's
sweetened takeover offer of A$532.3 million ($359.8 million),
weeks after they rejected a A$526.9 million offer from Alludo.
** CATL , the world's largest battery maker, has
sold its nearly 5% stake in Australian lithium producer Pilbara
Minerals Ltd for A$601 million ($405.86 million),
according to a term sheet seen by Reuters.
** Canadian lender Toronto-Dominion Bank's $13.4
billion acquisition of First Horizon Corp may get
delayed further due to pending regulatory approvals, the U.S.
bank said in a filing on Wednesday.
** EQT Active Core Infrastructure fund said on Wednesday it
had, together with the Public Sector Pension Investment Board,
agreed to buy Radius Global Infrastructure Inc in a
deal valued at $1.43 billion. (Compiled by Rajarshi Roy and Anne Florentyna Gnanaraja Sekar
in Bengaluru)
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