(Adds: Absolute Software, Microsoft, Shell, Siemens)
May 11 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1330 GMT on
Thursday:
** Canada's Absolute Software said it had
agreed to be taken private by Crosspoint Capital Partners for
$657 million, extending a recent trend of private equity firms
snapping up cybersecurity providers.
** Britain's competition regulator has published an
interim order restricting Microsoft Corp and Activision
Blizzard Inc from acquiring an interest in each other
without its consent, weeks after it blocked their $69 billion
merger.
** Three of Britain's largest power providers have
expressed interest in acquiring Shell's UK retail
business which was put under review due to poor returns earlier
this year, sources close to the process said.
** Siemens has initiated the sale of its
airport logistics division, Germany business daily Handelsblatt
reported.
** Shares in Australian-listed lithium miners jumped after a
$10.6 billion merger in the sector raised expectations for more
consolidation among producers of the key metal in electric
vehicle batteries.
** John Wood Group said its quarterly revenue rose on
the back of a steady demand across its business units, while
investors awaited clarity on the British oilfield services and
engineering firm's buyout offer from Apollo Global.
** Share prices of COSCO SHIPPING Ports Ltd rose
to as much as a three-month high, after the German government
cleared it to buy part of a Hamburg port-based container
terminal, amid a political row over Chinese investment.
** Conglomerate Grupo Mexico is set to buy
Citigroup Inc's retail banking operations in Mexico for
about $7 billion in a deal that could be announced as early as
this week, according to a person familiar with the matter.
** Silver Lake Resources Ltd revised its offer for
St Barbara Ltd's Leonara assets in Western Australia to
A$707 million ($479.56 million), hoping to outbid Genesis
Minerals GMD.AX in the race to secure the assets.
** Investment firm Bluestar Group Ltd said on Wednesday that
UK housing provider Home REIT and its advisers have
decided that they will not extend the deadline for Bluestar to
make a firm offer for the company.
** Britain's biggest online-only estate agency Purplebricks granted Strike Limited an exclusive short period on
Wednesday to negotiate a possible sale as the smaller rival said
it did not intend to make an offer. (Compiled by Rajarshi Roy and Pratik Jain in Bengaluru)
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