April 12 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:
** Russia's government has approved the sale of Shell's former 27.5% stake in the Sakhalin-2 energy project to
Russian energy firm Novatek for 94.8 billion roubles
($1.16 billion), a government order showed.
** Australian retailer Wesfarmers Ltd said it has
sold its remaining 2.8% stake in supermarket chain Coles Group .
** Newmont Corp's A$29.4 billion ($19.6 billion)
offer for Australia's Newcrest Mining faces hurdles
including winning approvals from shareholders and regulators,
and the full backing of the target's board, analysts said.
** Ahli Bank in Oman said its board disapproved a
merger offer from Oman's second-biggest lender Bank Dhofar .
** Industrial conglomerate Emerson Electric is in
advanced talks to acquire National Instruments Corp in
a deal that could value the measurement equipment maker at about
$8 billion, people familiar with the matter said on Tuesday.
** Veritas Capital ended talks with Carlyle Group Inc to buy a 50% stake in private healthcare technology firm
Cotiviti Inc on valuation grounds, a source familiar with the
matter said.
** Glencore Plc on Tuesday modified its $22.5
billion all-share takeover bid for Teck Resources Ltd's to include up to $8.2 billion in cash, but Teck's
board called it "largely unchanged" and analysts said it will
need to rise further still.
** Private jet service Flexjet Inc said on Tuesday it has
terminated the planned merger with billionaire Todd Boehly's
black-check firm Horizon Acquisition Corporation II .
** Carrefour Brasil , the local arm of French
retail giant Carrefour , said on Tuesday it reached an
agreement to reduce the price of its acquisition of Grupo Big by
up to 1 billion reais ($199.7 million). (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.