Offers of the day-Mergers and acquisitions – 04/29/2024 at 11:38


((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))

The following deals, mergers, acquisitions and divestitures were reported at 0930 GMT Monday:

** Morphosys MORG.DE declared that its acquisition by Novartis

NOVN.S is still expected to be finalized in the first half of this year, in a statement responding to a possible security risk reported by specialist news site STAT News that caused the company’s share price to plummet .

** An adviser to BHP BHP.AX on its $39 billion offer for Anglo American AAL.L is seeking input from some of its shareholders as the miner considers making a revised offer after its initial proposal was rejected last week, according to sources.

** French IT company Atos ATOS.PA priced the state’s offer to take over strategic parts of the company, which boosted its shares, but also said it would need almost two times more liquidity than estimated at the start of the month to stay afloat.

** Blackstone BX.N has agreed to acquire Hipgnosis Songs Fund

SONG.L for about $1.57 billion, topping a bid from Concord for the owner of music rights to artists including Shakira and Red Hot Chili Peppers, the companies said.

** Australia’s Pacific Smiles Group PSQ.AX said it was recommending a takeover offer for National Dental Care (NDC) HoldCo, valuing the dental center operator at A$303 million ($198.07 million) .

** The billionaire owner of L’Occitane International

0973.HK is set to make a takeover proposal for the French skincare company as early as Monday, in a deal that could value it at around $7 billion, including debt, Bloomberg reported News.



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