(Adds LVMH)
The following deals, mergers, acquisitions and divestitures were reported as of 9:00 p.m. GMT, Friday:
** LVMH LVMH.PA has signed a deal to sell a majority stake in the parent company of its cruise retail business to an investor group led by Jim Gissy, but will remain a “significant minority shareholder” in the new entity, said the luxury group.
** The U.S. Federal Trade Commission sent a second request to Chevron CVX.N and Hess HES.N for additional information and documents related to their $53 billion deal, the companies said.
** U.S. industrial company Honeywell HON.O said it would buy air conditioner maker Carrier’s security unit CARR.N for $4.95 billion in cash to bolster its growing building security business has slowed down in recent months.
** LyondellBasell LYB.N said it reached an agreement to sell its production facilities and related operations in Bayport, Texas, to chemical maker INEOS Oxide for $700 million.
** The Italian Treasury is not seeking to reduce its stake in postal service Poste Italiane PST.MI, a ministry spokesperson said, responding to a media report that it could sell its entire 29% stake. .26% through a public purchase offer.
** India’s Max Healthcare MAXE.NS said it would buy Sahara Hospital in Lucknow, Uttar Pradesh, for an enterprise value of 9.40 billion rupees ($112.76 million ), with the aim of expanding its activities in the country.
** Greece and Paneuropean Oil & Industrial Holdings will jointly sell an 11% stake in Greece’s largest oil refiner Helleniq Energy HEPr.AT at 7 euros per share, the country’s privatization agency HRADF said.
** Shares in Santos Ltd jumped on the prospect of a possible $52 billion merger with major Australian rival Woodside, but investors said valuation would be a key consideration as asset sales would likely be necessary to overcome competition concerns.
** Norwegian Air NAS.OL said it had asked Norway’s competition watchdog (NCA) to overturn a planned ban on the airline’s acquisition of domestic rival Wideroe.
** Baoshan Iron & Steel 600019.SS (Baosteel), China’s largest listed steelmaker, said it agreed to buy a 48.6% stake in a steelmaker for 10.7 billion yuan ( 1.49 billion dollars) to the Shandong Iron & Steel Group.
**Japanese Outsourcing 2427.T plans to go private by launching a management buyout with Bain Capital, Nikkei reported.