(Adds: Reliance, Broadcom, Wind Tre, Ritchie Bros, Infinera
Corp, Canadian Pacific, KKR)
March 14 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2050 GMT on Tuesday:
** India's competition regulator said on Tuesday that it has
cleared Reliance Industries Ltd's 28.50 billion rupees
($346.16 million) acquisition of the Indian business of German
retailer Metro AG .
** EU antitrust regulators have extended their decision on
U.S. chipmaker Broadcom's proposed $61 billion takeover
of cloud computing company VMware by two weeks to June
21, the European Commission said.
** Italian telecoms operator Wind Tre is planning to
spin-off its network assets into a separate company to
potentially pave the way to M&A deals, two sources close to the
matter said on Tuesday.
** Canada's Ritchie Bros Auctioneers said on
Tuesday its shareholders voted in favor of its $7 billion
acquisition of U.S. auto retailer IAA Inc , according to
a preliminary tally.
** Infinera Corp , a U.S. manufacturer of
semiconductors for the telecommunications industry that competes
with China's Huawei, is exploring options that include a sale of
the company, according to a person familiar with the matter.
** The Surface Transportation Board said it plans to
announce on Wednesday whether it will approve or reject Canadian
Pacific's $31 billion deal to acquire U.S. railroad
Kansas City Southern.
** Apollo Global Management Inc , Blackstone Inc and KKR & Co Inc have expressed interest in a
book of loans held by Silicon Valley Bank (SVB), Bloomberg News
reported, citing people familiar with the matter.
** Microsoft signed a licensing deal with
Ukraine-based cloud gaming provider Boosteroid that will allow
the latter's users to stream Activision's Call of Duty
franchise, a move aimed at addressing competition concerns over
its proposed acquisition of Activision.
** Buyout firm Blackstone Inc agreed to purchase U.S.
software provider Cvent Holding Corp in a deal valued at
$4.6 billion, at a time when private equity firms are looking to
scoop up technology companies for a bargain price.
** Nokian Tyres said it had been informed that
Russia's Governmental Commission on Monitoring Foreign
Investment has approved the Finnish group's sale of its Russian
operations to PJSC Tatneft .
** Univar Solutions Inc said it would be acquired
by Apollo Global Management Inc in a deal that values
the specialty chemicals distributor at $8.1 billion, including
debt.
** Britain's competition regulator has found that
supermarket group Asda's 611 million pound ($742 million)
purchase of the Co-op's 132 petrol stations and
attached stores could lead to higher prices or less choice in
some parts of the country.
** MFE-Mediaforeurope said it agreed with Vivendi to buy a 1.05% stake in Mediaset Espana it did
not own yet for 10.7 million euros ($11.45 million) as it plans
to delist the Spanish broadcaster.
** Vivendi is in exclusive talks to sell its Editis
publishing arm to a company of billionaire Daniel Kretinsky, the
French media conglomerate said , in a deal that could ease
regulatory approval for its Lagardere takeover.
** British supermarket Sainsbury's said it would
take full ownership of the Highbury and Dragon store investment
vehicles, paying Supermarket Income REIT 430.9 million
pounds ($524.2 million) for its 51% stake.
** Casino launched a sale of shares in Brazilian
supermarket chain Assai as the French supermarket
operator presses on with cutting its debt.
** SurveyMonkey owner Momentive Global on Monday
said it would be acquired by a consortium led by private equity
firm Symphony Technology Group in an all-cash deal that values
the company at about $1.5 billion.
** Qualtrics International Inc said on Monday it
would be taken private after its controlling shareholder, SAP SE , accepted a $12.5 billion bid from a consortium led by
Silver Lake and Canada Pension Plan Investment Board (CPPIB). (Compiled by Rajarshi Roy, Pratyush Thakur and Pratik Jain in
Bengaluru)
Pratyush.Thakur@thomsonreuters.com,
Pratik.Jain@thomsonreuters.com;))
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