(Adds Rover Group, Cigna-Humana, First Quantum Minerals)
The following deals, mergers, acquisitions and divestitures were reported at 2100 GMT on Wednesday:
** A senior official at Canadian miner First Quantum Minerals FM.TO told a Scotiabank conference on Wednesday that it was too early and probably too difficult to consider bringing a new partner into its flagship mining project. Panama due to the situation in the country.
** Health insurers Cigna CI.N and Humana HUM.N are in talks for a merger, The Wall Street Journal reported Wednesday, citing people familiar with the matter.
** Shares of Rover Group ROVR.O jumped 28% in early trading on Wednesday after the pet care company said investment firm Blackstone BX.N will buy it in a $2.3 billion cash deal
** Equinor EQNR.OL said it had agreed to sell its Nigerian operations, including the company’s share in the Agbami oil field, to Nigeria’s Chappal Energies.
** Elliott Management said it has taken a $1 billion stake in refiner Phillips 66 PSX.N , and expects to get up to two board seats.
** KKR & Co KKR.N said it would buy the 37 percent stake in Global Atlantic Financial Group it does not already own for $2.7 billion in an all-cash deal.
** Singapore’s Keppel Corporation KPLM.SI said its Keppel Capital Holdings unit would acquire all of the issued voting shares of European asset manager Aermont Capital in two tranches, for up to 1.35 billion Singapore dollars (S$) ($1 billion).
** Adobe ADBE.O will seek to counter EU competition accusations that its proposed $20 billion acquisition of cloud design platform Figma harms competition at a hearing behind closed doors on Dec. 8, two people familiar with the matter said.
**A consortium led by Sonae YSO.LS, which owns the largest Portuguese food distributor, has launched a takeover bid for all shares of Finnish pet products distributor Musti
MUSTI.HE , in a transaction valued at €868 million ($952 million).
** Toyota 7203.T and two affiliates will sell at least 8 percent of supplier Denso 6902.T , the companies said, a $4 billion deal that has revived investors’ hopes that the world’s top-selling automaker world is further shedding its numerous cross-shareholdings.
** Malaysian telecommunications and digital conglomerate Axiata Group AXIA.KL said it has decided to withdraw from Nepal and reclassify its Ncell mobile services unit in the country as an asset held for sale .
** Gabon’s national oil company is seeking to use its right of first refusal to acquire Assala Energy from Carlyle CG.O after the private equity giant agreed to sell the company for $1.3 billion to France’s Maurel & Prom, three sources told Reuters.
**Saudi Prince Alwaleed Bin Talal’s investment company, Kingdom Holding 4280.SE, said it increased its stake in Citigroup CN to 2.2% after acquiring a stake in the bank worth ‘around 450 million dollars.
** French oil and gas company TotalEnergies said it had purchased a minority stake in the Xlinks Morocco-UK Power project, a move it said would help the company achieve its targets in the coming year .
** South Africa’s Exxaro Resources EXXJ.J said it plans to sell its ferroalloys unit to a black-owned company by the end of June 2024.
** Chinese payments group Alipay has launched a $400 million accelerated tender to sell its stake in Indian food delivery giant Zomato ZOMT.NS , according to the deal’s term sheet.
** Infrastructure giant Ferrovial FERF.AS has reached an agreement with two different buyers to sell its entire 25% stake in Britain’s busiest airport, Heathrow, for 2.37 billion pounds ($3.01 billion), the company said in a statement Tuesday.
** Brazilian fuel distributor Vibra VBBR3.SA on Tuesday rejected the merger proposal it received from energy company Eneva ENEV3.SA , saying the offer’s swap ratio was “unjustifiable”, all leaving the door open to new offers.