** Tilray Brands Inc TLRY.O said on Monday it would buy
Canadian cannabis company Hexo Corp HEXO.TO for $56 million,
which would cement the pot producer's top position in Canada in
terms of market share.
** Pioneer Natural Resources Co's PXD.N shares rose as much
as 8.5% on Monday following a report that Exxon Mobil Corp XOM.N
held preliminary talks with the U.S. shale oil producer about a
possible acquisition.
** Companies led by Indian billionaires Gautam Adani and
Mukesh Ambani, a British retailer and global asset
reconstruction firms are among the 49 entities in the fray to
acquire Future Retail Ltd , the debt-laden Indian
retailer said.
** Canada's Teck Resources on Monday reinforced
its rejection of an unsolicited $22.5 billion bid from Glencore
GLEN.L, saying the implied value was "an illusion" and telling
shareholders its restructuring plan was the only viable option.
** Sunday Natural, an online retailer that makes
nutrition products including vitamins and food supplements, is
exploring options including a possible sale, according to people
familiar with the matter.
** 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, Anne Florentyna Gnanaraja Sekar and
Jaiveer Singh Shekhawat in Bengaluru)
(Adds Tilray Brands, Pioneer Natural Resources, Updates Teck
Resources)
April 10 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0800 GMT on Monday:
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