** Nippon Steel Corp could buy more stakes in
coking coal and iron ore mines even after its recent decision to
invest in a Canadian mine, as it sees a risk of commodity prices
staying high, an executive at the world's No.4 steelmaker said.
** OneSpan Inc , a U.S. cybersecurity tools vendor
that has become the target of activist hedge funds such as
Legion Partners Asset Management, is exploring options that
include a sale of the company, people familiar with the matter
said.
** Microsoft Corp is expected to secure EU
antitrust approval for its $69 billion acquisition of Activision with its offer of licensing deals to rivals, three
people familiar with the matter said, helping it to clear a
major hurdle.
** U.S. boutique investment firm GQG Partners has bought
shares worth $1.87 billion in India's Adani group companies, the
conglomerate said, marking the first major investment in the
group since a short-seller's critical report sparked a stock
rout.
** Private equity firm Leonard Green & Partners LP is
exploring a sale of Pro Mach Group Inc, in a deal that could
value the U.S. packaging company at around $5 billion, according
to people familiar with the matter.
** Canada's MineHub Technologies Inc , which has
digitised trade finance and logistics in metals and mining,
agreed to buy rival Waybridge for $2.5 million in MineHub
shares, the firms said.
** 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 Pratik Jain in Bengaluru)
(Adds Nippon Steel, OneSpan; Updates Microsoft)
March 2 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2100 GMT on
Thursday:
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