(Adds Edison gas)
The following deals, mergers, acquisitions and divestitures were reported as of 9:00 p.m. GMT Thursday:
** Edison’s gas storage assets have attracted bids from four Italian and international suitors, setting the stage for a deal that could be worth more than 600 million euros ($648 million), two sources familiar said of the affair.
** The American private equity group Arctos Partners has acquired a minority stake in the capital of Paris Saint-Germain, French champions, the Ligue 1 club announced.
** Japan’s SoftBank 9984.T seeks to sell a 1.1% stake in Indian food delivery platform Zomato ZOMT.NS through a block deal worth Rs 11.28 billion ($135.36 million), CNBC-TV18 reported, citing sources.
** AXA AXAF.PA is considering selling some of its Western European protection insurance business in a deal that could reach 1 billion euros ($1.1 billion), two people told Reuters close to the file.
**Japanese life insurer Dai-Ichi Life Holdings 8750.T said it plans to launch a higher tender offer for healthcare platform Benefit One
2412.T as part of a competing offer from M3 Inc
2413.T.
** Greece and Paneuropean Oil & Industrial Holdings are expected to sell a combined stake of around 10% in Greece’s largest oil refiner Helleniq Energy HEPr.AT through a bookbuilding process, a source said. the country’s privatization agency.
** British energy infrastructure company Smart Metering Systems(SMS) SMSS.L said US fund KKR KKR.N would take it private in a 1.3 billion pound ($1.63 billion) deal. dollars), which will allow it to join the growing list of companies leaving the London stock markets.
** AbbVie ABBV.N said it would buy Cerevel Therapeutics CERE.O , a developer of drugs for neurological diseases, for about $8.7 billion, aiming to replace revenue from its arthritis drug Humira, which faces a series of new competitors.
** India’s largest private port operator, Adani Ports and Special Economic Zone APSE.NS , is in preliminary talks to acquire Gopalpur port from real estate conglomerate Shapoorji Pallonji Group in Odisha for around Rs 11-12 billion ( $132-$144 mln), reported The Economic Times.
** Credit Suisse said it has reached an agreement to sell its real estate fund management business in Brazil to asset manager Patria Investments for up to 650 million reais (about $130 million).