Offers of the day-Mergers and acquisitions – 11/27/2023 at 10:03 p.m.


(Adds Maersk, Amazon, Nexperia)

The following deals, mergers, acquisitions and divestitures were reported as of 9:00 p.m. GMT Monday:

**The Danish shipping company Maersk

MAERSKb.CO sold 20,000,000 shares of Norwegian company Hoegh Autoliners HAUTO.OL , reducing its stake to zero, according to a stock exchange filing.

** EU competition regulators said Monday that Amazon AMZN.O’s $1.4 billion acquisition of robot vacuum maker iRobot IRBT.O could oust competing robot cleaners in the its online marketplace.

** The Dutch government said on Monday that after an assessment it would not block Chinese company Nexperia’s acquisition of Delft-based startup Nowi

** British telecommunications group BT BT.L has confirmed it will not make an offer for musicMagpie MMAG.L , a British online distributor of used smartphones and electronics.

**British bank Barclays BARC.L is in exclusive talks to buy Metro Bank MTRO.L’s residential mortgage portfolio, worth 3 billion pounds ($3.74 billion), Sky News reported .

** Brazilian distributor GPA PCAR3.SA has agreed to sell its 34% stake in e-commerce company Cnova CNV.PA to its French controller Casino CASP.PA, it said in a securities filing, concluding as well as the talks which began in September.

** The German automotive supplier Schaeffler

SHA_p.DE raised the price of its offer for shares in Vitesco Technologies VTSCn.DE as a gesture of goodwill, but Vitesco management said the new offer was “inadequate”.

** BNP Paribas Cardif has acquired a majority stake in the insurance arm of Italy’s BCC ICCREA, in a deal that will see it sell life insurance through the cooperative group’s banks for 15 years, both companies said.

** French water and waste management company Veolia VIE.PA said it had agreed to sell its subsidiary SADE-CGTH to public works company NGE for 260 million euros (283.58 million of dollars).

** Britain’s Octopus Energy has bought a 12.5% ​​stake in the 660 megawatt (MW) Walney Extension offshore wind farm in the Irish Sea from a group of Danish pension funds. Financial details of the transaction were not disclosed.

** Heavily indebted French supermarket group Casino CASP.PA has received expressions of interest for its hypermarket and supermarket stores, the company said, declining to name the bidders or the number of stores it intends to sell.

**Zhaojin Mining’s $404.57 million bid

1818.HK for Tietto Minerals TIE.AX significantly undervalues ​​the West African gold miner, according to an independent expert report.



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