(Adds: Macquarie Group, Rocket Software, Teck Resources
Updates: Tempur Sealy International)
May 9 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1945 GMT on Tuesday:
** Australia's Macquarie Group Ltd is looking to
sell its North American port facilities business, Ceres
Terminals, for about $1 billion, the Wall Street Journal
reported on Tuesday, citing sources familiar with the matter.
** Rocket Software announced an improved offer for the
acquisition of the entire share capital of Germany's Software AG at an initial offer price of 34 euros per share
($37.43).
** Pierre Lassonde, a Canadian mining industry veteran, has
made an offer to invest in Teck Resources Ltd's coal
business, in a bid to thwart Glencore Plc's hostile
attempt to merge with Teck.
** Tempur Sealy International Inc said it would buy
retailer Mattress Firm in a cash-and-stock deal valued at about
$4 billion, as the leading U.S. bedding maker looks to stem a
post-pandemic decline in sales..
** Hutchison will likely reach a deal on merging
its Three UK mobile network with Vodafone's, said its chief
financial officer, although he added that getting the deal over
the line was difficult.
** Britain gave the green light to satellite company
Viasat's acquisition of rival Inmarsat, confirming the
$7.3 billion deal would not substantially reduce competition in
the supply of wifi on commercial flights.
** U.S. private equity group KKR & Co Inc and
Australia's Macquarie Asset Management are among potential
bidders for the waste and recycling management arm of
Singapore's energy group Sembcorp in a deal that could value the
unit at around $500 million, said two sources with knowledge of
the matter.
** JD Sports Fashion has proposed buying France's
Groupe Courir for an enterprise value of 520 million euros ($572
million), in what would be the British group's first acquisition
since setting out ambitious expansion plans in February.
** South African specialist logistics property group Equites said it plans to sell its logistics business in the
United Kingdom as a way to unlock value amid rising interest
rates impacting asset valuations.
** HSBC has agreed to buy out its China fund
management joint venture partner, two people familiar with the
matter said, as the Asia-focused bank pushes ahead with
expansion in the world's second-largest economy.
** Toronto-Dominion Bank's handling of "suspicious"
customer transactions was behind regulators' refusal to approve
the lender's $13.4 billion deal to buy First Horizon ,
the Wall Street Journal reported on Monday, citing people
familiar with the matter. (Compiled by Rajarshi Roy, Pratik Jain and Aditya Samal in
Bengaluru)
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