** Britain's No. 2 Treasury official said that he does not
have any immediate concerns about the execution of Switzerland's
Credit Suisse rescue by UBS but will monitor the deal closely,
reiterating that UK banks are "very resilient".
** Shares of AMC Entertainment Holdings Inc jumped
more than 18% on Tuesday, set for their biggest gain in a month,
after a report that ecommerce giant Amazon.com Inc was
looking to buy the theater chain.
** Activist investor Jeff Ubben's Inclusive Capital Partners
is urging Dutch fertilizer and chemical maker OCI NV to
look for strategic options including asset sales, Bloomberg News
reported, citing a copy of a letter sent by Ubben.
** Kuwait's sovereign wealth fund, Mercedes-Benz's third-largest shareholder, is planning to reduce its stake in
the German luxury carmaker via the sale of 20 million shares,
according to bookrunners.
** EU antitrust regulators gave unconditional approval for
Alphabet unit Google's acquisition of Croatian maths
app Photomath, the European Commission said in a statement.
** British clothing retailer Next Plc said it has
bought struggling retailer Cath Kidston from its administrators
for 8.5 million pounds ($10.49 million).
** Malteries Soufflet, a branch of French agribusiness
InVivo, made a $1.5 billion ($998 million) offer for United Malt
Group , the companies said, sending the Australian
company's shares up 35%.
** Canada's Crescent Point Energy Corp said on
Tuesday it will acquire Spartan Delta Corp's oil and
gas assets in Alberta's Montney region for C$1.7 billion in cash
($1.24 billion).
** India's Jindal Stainless Ltd said it would
acquire a 49% stake in Indonesia-based New Yaking Pte. Ltd for
$157 million as it seeks to secure a supply of nickel, a key
ingredient in the production of stainless steel.
** Standard General said it had filed a lawsuit against the
U.S. Federal Communications Commission (FCC) over its decision
to hold hearings on the hedge fund's $5.4 billion plan to buy
television station operator Tegna .
** British supermarket group Asda has offered to sell 13
petrol-filling stations with attached grocery stores to secure
regulatory clearance for its 611 million pound ($753 million)
deal with The Co-operative Group .
** TravelCenters of America confirmed Arko Corp's $1.4 billion takeover offer is not superior to its
existing proposal from British energy giant BP Plc .
** Japan's antitrust watchdog said it did not expect a
merger between Microsoft Corp and Activision Blizzard to stifle competition, helping clear the way for the
Xbox maker's $69 billion acquisition of the "Call of Duty"
creator.
** UK's anti-trust regulator said it was looking into
whether EDF's proposed acquisition of General Electric
Co's France-based nuclear turbine unit could lead to
competition concerns.
** BP and Abu Dhabi's state oil giant offered to
jointly acquire 50% of Israeli offshore natural gas producer
NewMed Energy for around $2 billion, making their
entry into Israel's growing energy sector.
** Lundin Mining Corp on Monday said it would buy a
majority stake in Chile's Caserones copper mine for about $950
million to expand the Canadian miner's exposure to the red metal
crucial for the green energy transition.
** South Korea's Kakao Corp and affiliate Kakao
Entertainment have acquired a 40% stake in K-Pop agency SM
Entertainment , the agency said.
** Australia's Liontown Resources said it had
knocked back an approach from the world's biggest lithium
producer Albemarle Corp that valued the lithium
developer at A$5.50 billion ($3.7 billion) and sent its shares
rocketing 59%.
** Philippine infrastructure conglomerate Metro Pacific
Investments Corp said it signed a deal to acquire a
minority stake in renewable energy firm SP New Energy Corp for 2 billion pesos ($36.8 million).
** United Malt Group Ltd granted exclusive due
diligence access to Malteries Soufflet, a branch of French
agribusiness InVivo, after receiving a A$1.50 billion ($998
million) offer, the Australian commercial maltster said, sending
its shares up 35%.
** A federal judge temporarily stopped bankrupt Voyager
Digital from completing a proposed $1.3 billion sale
to crypto exchange Binance.US, allowing the U.S. government more
time to pursue appeals that challenge the legality of the deal.
** Warren Buffett's Berkshire Hathaway Inc boosted
its ownership stake in Occidental Petroleum Corp to
about 23.6% after buying nearly 3.7 million additional shares. (Compiled by Rajarshi Roy and Ankit Kumar in Bengaluru)
(Adds Next Plc, Alphabet, Mercedes-Benz, OCI NV, AMC
Entertainment Holdings Inc, Credit Suisse; updates Crescent
Point Energy Corp, BP)
March 28 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2000 GMT on Tuesday:
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