Deals of the day-Mergers and acquisitions

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds Northam Platinum, Inditex, Savvy Games) April 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1600 ET on Wednesday:


** Savvy Games, wholly owned by Saudi Arabia's Public Investment Fund, entered an agreement to acquire gaming company Scopely, based in Culver City, California, for $4.9 billion.
** South Africa's Northam Platinum has terminated its offer to buy the mid-tier Royal Bafokeng Platinum , it said.
** The Russian government said it had approved a deal for Spain's Inditex to sell its Russian business to a UAE-based buyer, with some of its former stores to reopen under new branding in April and May.
** Eni's unit Versalis said it entered exclusive negotiations to buy the part of chemical group Novamont it does not already own.
** Deutsche Lufthansa said it would sell the remaining part of airline caterer LSG Group to private equity firm Aurelius, three years after it first put the business up for sale.
** UBS executives sought to assure investors that Switzerland's largest bank can make its unexpected takeover of Swiss rival Credit Suisse work and pay off for its shareholders.
** Deutsche Telekom now holds a majority in T-Mobile U.S. , the chief executive of the German telecoms company said.
** British gambling group Entain Plc said it acquired sports media business 365scores for up to $160 million to improve its interactive content and experience for users.
** Spanish power company Iberdrola will seek expanding in the United States after it announced the sale of $6 billion worth of assets in Mexico, its Chief Financial Officer Jose Sainz said.
** U.S. sports merchandise retailer Fanatics Inc will run the official online stores of Italy's national soccer team and seven Serie A teams, through its acquisition of sports e-commerce firm EPI, its first foray into the Italian market.
** Holcim has acquired Sivyer Logistics, a British company which recycles construction and demolition waste in London.
** Australian fuel supplier Viva Energy Group Ltd shares shot to a record high after it said it would pay A$1.15 billion ($777 million) for a convenience store chain, as a strong start to 2023 for corporate deals continues Down Under. (Compiled by Priyamvada C, Rajarshi Roy and Yuvraj Malik in Bengaluru)

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