** The CEO of Leonardo said on Wednesday Germany's Hensoldt would not be buying
his company's defence electronics segment, saying there might be a "combination" in the sector
but that this would be "conceptually different from an acquisition."
** Aldar Properties will hold off any further investments in Egypt until
conditions there stabilise, a senior executive said, as the Abu Dhabi real estate developer
reported a 22% jump in first-quarter profit on Wednesday.
** French oilseed and protein group Avril said on Wednesday it was in exclusive talks
with grain cooperative Axereal to buy all of its animal nutrition activities, which it then
plans to combine with its animal feed unit Sanders.
** Barrick Gold Corp is not interested in bidding for the copper assets of Teck
Resources Ltd as there are few synergies between the companies, CEO Mark Bristow said
in an interview with Reuters on Wednesday.
** Financial investor Advent International has put the company Deutsche Fachpflege up
for sale, Handelsblatt said, citing people familiar with the matter.
** UniCredit Chief Executive Andrea Orcel on Wednesday said buying back the
banks' own shares was the best use of its money, with no merger and acquisition deal offering a
valid alternative.
** Britain's competition watchdog said it was looking into Adobe Inc's $20
billion buyout deal for cloud-based designer platform Figma to find if it could lead to
"substantial lessening of competition" in the country.
** UBS was considering the potential impact of buying struggling rival Credit
Suisse as early as December, months before the takeover was hastily arranged by Swiss
authorities in March, according to a regulatory filing.
** INEOS Energy said it had acquired a portion of Chesapeake Energy's oil and gas
assets in the Eagle Ford shale, south Texas for $1.4 billion.
** Centene Corp will sell its artificial intelligence-powered healthcare analytics
platform Apixio to investment firm New Mountain Capital as part of an ongoing portfolio review,
the U.S. health insurer said.
** U.S. asset manager Apollo Global Management Inc plans to apply for approval from
Swedish and Danish regulators to take a majority stake in SAS AB as part of the
Scandinavian airline's rescue plan, a source familiar with the matter said.
** Spanish oil company Repsol is close to buying a majority stake in power retailer
CHC Energia, the Expansion newspaper reported, citing unidentified market sources.
** Pfizer's plan to sell its Haleon stake is not a surprise, the consumer
health company's finance chief Tobias Hestler told Reuters. (Compiled by Rajarshi Roy, Jaiveer Singh and Aditya Samal Shekhawat in Bengaluru)
(Adds Leonardo, Aldar Properties, Avril, Barrick Gold, Advent International, UniCredit)
May 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported
by 19:45 GMT on Wednesday:
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.