((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))
(Adds The Children’s Place, Liberty Global, Sovcombank, Unipol and Newlat)
The following deals, mergers, acquisitions and divestitures were reported at 2100 GMT, Friday:
** Liberty Global LBTYA.O said it intended to sell its Swiss telecommunications unit Sunrise to shareholders later this year, after buying the company for $7.4 billion in 2020.
** Russian bank Sovcombank SVCB.MM said it planned to acquire Home Bank, in a deal that would increase the number of its active retail customers by 50% to 9 million, and that it planned to complete the operation by the end of the year.
** Italian financial group Unipol UNPI.MI announced an offer for the 14.75% of UnipolSai US.MI that it does not own, valuing the insurer at 7.64 billion euros ($8.2 billion dollars) as part of an operation aimed at simplifying the structure of the group.
** Italy’s Newlat NWLF.MI said it had broken off talks to buy British food group Princes from Japanese seller Mitsubishi Corp
8058.T having rejected a revised proposal for the asset.
** The Children’s Place PLCE.O said it had received an offer for a $130 million loan that could help it stay afloat, after the struggling US retailer announced earlier this week that the wealthy AlRajhi family of Saudi Arabia had acquired a 54% stake in the company in the open market through its investment company.
** RedBird investment group IMI said it had agreed to buy British film and television production company All3Media for 1.15 billion pounds ($1.45 billion).
** Private equity firms Stone Point Capital and General Atlantic raised their offer to buy employee selection company HireRight Holdings HRT.N to $1.65 billion, the companies said.
** Shares of Swiss packaging company Aluflexpack
AFPD.S jumped more than 80% after it announced that its Austrian peer Constantia Flexibles had made a takeover offer.
** Gabon’s national oil company has agreed to acquire Assala Energy from Carlyle CG.O after using its right to pre-empt the company’s $1.3 billion sale to France’s Maurel & Prom, the two said companies.
** Italian financial group Unipol Gruppo UNPI.MI announced an offer for the 14.75% of UnipolSai US.MI that it does not yet own, valuing the insurer at 7.64 billion euros (8. 23 billion dollars) with the aim of simplifying the structure of the group.
** ABB ABBN.S will acquire the American company SEAM Group, the Swiss engineering group announced, with the aim of expanding its services in the field of electrification.
** French energy company Maurel & Prom MAUP.PA said it would not acquire Assala Energy CG.O from Gabon’s Carlyle as the Gabonese national oil company signed a share purchase agreement with Assala.