Deals of the day-Mergers and acquisitions

Indus Towers

04/12/2024 10:52

Dec 4 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Wednesday:

    ** Vodafone Group will sell its remaining 3% stake in
India's Indus Towers  INUS.NS , the British telecom group said.
 urn:newsml:reuters.com:*:nL3N3N50O5

    ** U.S.-based vaccine maker Novavax  NVAX.O  said it will
sell its manufacturing facility in the Czech Republic to Wegovy
maker Novo Nordisk  NOVOb.CO  for $200 million and use the
proceeds for its vaccine pipeline.  urn:newsml:reuters.com:*:nL3N3N50FK
    
    ** UK's Learning Technologies Group (LTG)  LTGL.L  agreed to
be acquired by U.S. private equity firm General Atlantic in a
deal which values the company at about 802.4 million pounds
($1.02 billion).  urn:newsml:reuters.com:*:nL3N3N50LB
    
    ** Italian insurance company Assicurazioni Generali
 GASI.MI  has agreed to sell its fully-owned Philippine unit,
Generali Life Assurance Philippines, to local firm Insular Life
Assurance Company, it said.  urn:newsml:reuters.com:*:nL5N3N50GR

    ** Crescent Energy  CRGY.N  said on Tuesday it would acquire
Carnelian Energy Capital-backed Ridgemar Energy's assets in the
Eagle Ford basin in Texas for a cash-and-stock deal of $905
million, further strengthening its position in the basin.
 urn:newsml:reuters.com:*:nL3N3N41JS

 (Compiled by Rajarshi Roy and Aamir Sohail in Bengaluru)
 ((Aamir.sohail@thomsonreuters.com;))