Offers of the day-Mergers and acquisitions – 05/20/2024 at 11:49


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

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

** Star Entertainment SGR.AX said a consortium led by Florida-based Hard Rock Hotels & Casinos is considering a bid for the cash-strapped Australian company, sending its shares up 20%.

** Owner British Land Co Plc BLND.L said it sold its 50% stake in Meadowhall shopping center to partner Norges Bank Investment Management for 360 million pounds ($457.3 million).

** European private equity group EQT EQTAB.ST is in advanced talks to buy Dublin-based video game services company Keywords Studios KWS.L for 2.2 billion pounds ($2.79 billion ), the two companies said in a statement.

** Bondholders of French IT company Atos ATOS.PA have rejected a buyout offer from Czech billionaire Daniel Kretinsky, French weekly La Tribune reported on Saturday.

** Activist investor Cevian has taken a 3.12% stake in Swiss insurer Baloise BALN.S, the Swiss stock exchange said on Saturday. That stake would be worth about 213 million Swiss francs ($234 million) at current market prices, according to a Reuters calculation.



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