April 10 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on Monday:
** Emirates Telecommunications Group Company has
agreed to take a 50.3% stake in a super app managed by Careem,
Uber Technologies' Middle East subsidiary, in a
transaction valued at $400 million, e& said in a filing.
** Singapore-based sovereign wealth fund Temasek said it is
acquiring an additional 41% stake in India's Manipal Health
Enterprises from investors including TPG, boosting its stake in
one of the country's largest hospital chains to 59%.
** Canadian entrepreneur Pierre Lassonde is planning to buy
a blocking stake in Elk Valley Resources, the steel-making coal
unit to be spun off by Teck Resources Ltd , the Globe
and Mail reported.
** UBS's multi-billion state-sponsored takeover of
Credit Suisse should proceed smoothly without political
obstructions, Swiss Finance Minister Karin Keller-Sutter said in
an interview published on Saturday.
** Exxon Mobil Corp has held preliminary talks with
Pioneer Natural Resources Co about a possible
acquisition of the U.S. shale oil producer, the Wall Street
Journal reported on Friday, citing people familiar with the
matter.
** Italy's biggest utility Enel said on Friday it
agreed to sell its equity stakes in two Peruvian assets for $2.9
billion to China Southern Power Grid International (CSGI).
** Paramount Global is exploring the sale of a
majority stake in Noggin, its online learning service for
children, the Wall Street Journal reported on Friday, citing
people familiar with the situation. (Compiled by Rajarshi Roy and Anne Florentyna Gnanaraja Sekar
in Bengaluru)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.