** Siemens Energy has won contracts worth almost
7 billion euros ($7.68 billion) as part of a consortium with
Spain's Dragados Offshore to transport wind farm power to
northern Germany, the German company announced.
** Henkel said it had sold its business in
Russia to a consortium of local financial investors as it
finalizes its exit from the country, announced last year
following Moscow's invasion of Ukraine.
** Blackstone Inc , the biggest manager of private
equity and real estate assets, said it was discussing
partnerships with U.S. regional banks to help them with
constraints in areas such as car loans and home improvement
financing.
** Italgas aims to bid for French group Veolia
Environement 's Italian water assets in mid-May and to
close the deal "quickly", the CEO of Italy's biggest gas
distributor, Paolo Gallo, said.
** Melrose Industries listed shares in the former
automotive division of British engineer GKN on the London Stock
Exchange, giving a boost to Britain's top bourse after it
recently lost some high-profile listings to New York.
** Shareholders in Telecom Italia rejected the group's pay policy after top investor Vivendi this month criticised criteria to award bonus payments to CEO Pietro Labriola.
** Toronto-Dominion Bank believes its planned takeover of First Horizon Corp is unlikely to close by its slated deadline and the company is in talks about a "possible extension," TD's chief executive officer said.
** Teck Resources investor Letco Brosseau said on Thursday that it intends to vote in favor of the Canadian miner's plan to create two separate companies, and that Glencore's unsolicited takeover bid for Teck is not "attractive."
** TAWAL, a unit of Saudi Telecom Company (stc) , agreed to buy tower infrastructure worth 1.22 billion-euros ($1.34 billion) from United Group in its first foray into Europe's telecoms market, the southeast European firm said
** AmerisourceBergen Corp and private equity firm
TPG Inc will buy OneOncology from General Atlantic in a
deal valued at $2.1 billion, the companies said.
** Virgin Media O2 has kicked off the sale of all or part of
its share in Cornerstone, which owns and manages Britain's
largest mobile tower network and is likely to be valued at up to
3 billion pounds ($3.73 billion), the Financial Times reported.
** Toymaker LEGO said it had agreed to buy e-methanol, a lower-carbon alternative to conventional plastic ingredients, for use in its colorful plastic bricks when the world's first large-scale plant starts operations next year.
** Britain's Competition and Markets Authority said that Australian hearing device maker Cochlear's purchase of Demant's hearing implants business could hurt competition and mean higher prices for the National Health Service.
** Sumitomo Metal Mining said it supports Teck Resources' plan to create two separate companies, as the Vancouver-based miner fends off an unsolicited takeover bid from mining giant Glencore .
** Russia's second-largest oil producer Lukoil has
bought into insurance company GARDIA, a former subsidiary of AIG , one of the world's biggest commercial insurers, GARDIA
said earlier this week.
** Russia's government has approved the sale of
Volkswagen's factory in the city of Kaluga, the
Vedomosti daily reported, citing two unnamed sources, a step
towards the German carmaker finalising its exit from Russia.
** Evonik's new Chief Financial Officer Maike Schuh sees a wide range of potential investors for the German firm's superabsorbents division, she said on Wednesday evening.
** Australian share registry firm Link Administration said it will sell its UK-based Link Fund Solutions (LFS) for up to $174.1 million to Dublin-based Waystone Group.
** Agricultural and construction machine maker CNH Industrial on Wednesday ceased its operations in Russia and said it sold its business in the region for about $60 million.
** Australia's Essential Metals Ltd said that its shareholders had rejected a A$136 million ($91.16 million) takeover offer from a joint venture led by China's Tianqi Lithium and Australian miner IGO Ltd .
** Australia's competition regulator blocked Qantas Airways
Ltd's A$611 million ($409 million) buyout of charter
flight operator Alliance Aviation Services Ltd ,
curtailing the airline's ability to tap demand from the
resources sector.
(Compiled by Khushi Mandowara and Sriparna Roy in Bengaluru)
