Deals of the day-Mergers and acquisitions

Unieuro SpA

25/10/2024 17:37

(Adds: TFG, Evergrande New Energy Vehicle, Fnac Darty  
Updates: Capri)
       Oct 25 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1533 GMT on Friday:

        ** South African fashion and homewares retailer TFG
 TFGJ.J  has bought UK-based fashion and lifestyle retailer
White Stuff, it said, in a deal that will help it reach
"critical mass".  urn:newsml:reuters.com:*:nL1N3M10NS
  
        
  
        ** China Evergrande New Energy Vehicle  0708.HK  said
that its potential sellers have decided to cease talks for a
stake sale in the company, which is the electric vehicle unit of
the debt-laden China Evergrande  3333.HK .  urn:newsml:reuters.com:*:nL4N3M11DW
  
        
  
        ** Fnac Darty  FNAC.PA  confirmed the terms of its
takeover bid for Italian consumer electronics distributor
Unieuro  UNIR.MI .  urn:newsml:reuters.com:*:nL1N3M10KW
  
        
  
        ** Capri shares  CPRI.N  slumped nearly 46% on Friday
after a U.S. judge blocked its pending $8.5 billion merger with
Coach parent Tapestry  TPR.N , hurting the Michael Kors owner's
chances of navigating challenges at the luxury brand.
 urn:newsml:reuters.com:*:nL4N3M10U0
  
    
    ** Air France-KLM  AIRF.PA  wants to take part in the
privatisation of Portugal's carrier TAP and is open to various
options the government may offer, including purchasing a
minority stake, a source familiar with the matter told Reuters.
 urn:newsml:reuters.com:*:nL8N3M02DY

    ** Abu Dhabi's ADNOC said that the acceptance period for its
voluntary public takeover offer for German chemicals maker
Covestro  1COV.DE  has started, with an end date of Nov. 27.
 urn:newsml:reuters.com:*:nS8N3K805A

    ** UK's Castle Water is looking to acquire a controlling
stake in Thames Water, the Financial Times reported, citing
people familiar with the matter.  urn:newsml:reuters.com:*:nL4N3M10BU

    ** Building materials provider Quikrete has approached rival
Summit Materials  SUM.N , which has a market value of more than
$7 billion, with an acquisition offer, people familiar with the
matter said on Thursday.  urn:newsml:reuters.com:*:nL1N3M01AR

    ** Avangrid  AGR.N , part of the Iberdrola Group, has
completed the sale of its Kitty Hawk North offshore wind lease
to Dominion Energy  D.N  at $160 million, the company said on
Thursday.  urn:newsml:reuters.com:*:nL4N3M02J1

    ** British oil giant BP  BP.L  said on Thursday it has taken
full ownership of Lightsource BP, after closing the previously
announced buyout of the remaining equity in the solar developer.
 urn:newsml:reuters.com:*:nL4N3M02DF

    ** Brazilian meatpacker JBS  JBSS3.SA  and Mexico's Sigma
Alimentos are among those competing to acquire Oscar Mayer, the
hot dogs and cold cuts business of packaged food giant Kraft
Heinz  KHC.O , according to people familiar with the matter.
 urn:newsml:reuters.com:*:nL1N3L90QA

    ** Asset manager HMC Capital  HMC.AX  will acquire Global
Switch Australia in A$1.94 billion ($1.29 billion) deal, the
Australian firm said on Thursday, as the company looks to tap
into the booming data centre sector.  urn:newsml:reuters.com:*:nL4N3LZ2GS

 (Compiled by Rajarshi Roy and Rishi Kant in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))