((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))
The following deals, mergers, acquisitions and divestitures were reported at 1030 GMT on Monday:
** Saudi Basic Industries Corp (SABIC) 2010.SE will continue construction of a petrochemical complex in southeast China’s Fujian province, the company said in an exchange filing on Sunday, bolstering expectations Saudi Arabia’s ties with China, the world’s largest oil importer.
** French bank Crédit Agricole CAGR.PA said it bought 7% of Worldline WLN.PA , aiming to prop up the payments group after a fall in its share price last year.
** La Française des Jeux FDJ.PA has launched a public tender offer to acquire the Swedish group Kindred Group
KINDsdb.ST, with the aim of creating the second largest operator in the gaming sector in Europe.
** Sandoz SDZ.S announced an agreement to buy Cimerli, a biosimilar drug to treat vision disorders, from Coherus BioSciences Inc. for $170 million.
** U.S. authorities are investigating B. Riley Financial RILY.O’s dealings with a client linked to securities fraud, and the use of its assets to help the investment bank secure a loan from Nomura Holdings 8604.T, Bloomberg News reported.
** Polish video game maker CD Projekt CDR.WA aims to begin the production phase of the next game in its hit “Witcher” series this year, the company’s new co-chief executive Adam Badowski told Reuters .
** Japan’s Sony Group 6758.T has abandoned its planned $10 billion merger with India’s Zee Entertainment ZEE.NS, with both sides taking legal action against each other for failing to go through to conclude an agreement which should have reshaped the country’s media landscape.
**Spanish Telefonica TEF.MC said its stake in German unit Telefonica Deutschland
O2Dn.DE had reached 93.1% during a takeover bid it launched for the company’s shares.
** British catering company Compass Group CPG.L agreed to buy rival CH&CO in a deal valuing the Royal Opera House caterer at 475 million pounds ($603.73 million), including debt, marking its largest acquisition in Europe to date.
** Abu Dhabi National Oil Co (ADNOC) and the Austrian OMV
OMVV.VI are set to resume negotiations to agree final terms of a merger that would create a chemicals group with more than $20 billion in combined annual sales, according to sources familiar with the matter.
** Plenitude has joined a partnership between BlueFloat Energy and Sener Renewable Investments to develop offshore wind projects in Spain, the low-carbon unit of Italian energy group Eni ENI.MI said.
** Danish shipping group Maersk MAERSKb.CO is diverting its ME2 container service from the Red Sea and Gulf of Aden, rerouting vessels around the Cape of Good Hope, the company said in a notice to customers .
** Choice Hotels International CHH.N continued its $8 billion hostile bid for Wyndham Hotels & Resorts WH.N by naming a slate of directors to replace Wyndham’s eight board members, according to reports people familiar with the subject.