XM does not provide services to residents of the United States of America.

Deals of the day-Mergers and acquisitions



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Deals of the day-Mergers and acquisitions</title></head><body>

Oct 25 (Reuters) -The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:


** Air France-KLM AIRF.PA wants to take part in the privatisation of Portugal's carrier TAP and is open to various options the government may offer, including purchasing a minority stake, a source familiar with the matter told Reuters. nL8N3M02DY


** Abu Dhabi's ADNOC said that the acceptance period for its voluntary public takeover offer for German chemicals maker Covestro 1COV.DE has started, with an end date of Nov. 27. nS8N3K805A


** UK's Castle Water is looking to acquire a controlling stake in Thames Water, the Financial Times reported, citing people familiar with the matter. nL4N3M10BU


** Building materials provider Quikrete has approached rival Summit Materials SUM.N, which has a market value of more than $7 billion, with an acquisition offer, people familiar with the matter said on Thursday. nL1N3M01AR


** A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry TPR.N and Capri CPRI.N on Thursday, a victory for the Federal Trade Commission that is a likely death blow for the deal. nL1N3M01E6


** Avangrid AGR.N, part of the Iberdrola Group, has completed the sale of its Kitty Hawk North offshore wind lease to Dominion Energy D.N at $160 million, the company said on Thursday. nL4N3M02J1


** British oil giant BP BP.L said on Thursday it has taken full ownership of Lightsource BP, after closing the previously announced buyout of the remaining equity in the solar developer. nL4N3M02DF


** Brazilian meatpacker JBS JBSS3.SA and Mexico's Sigma Alimentos are among those competing to acquire Oscar Mayer, the hot dogs and cold cuts business of packaged food giant Kraft Heinz KHC.O, according to people familiar with the matter. nL1N3L90QA


** Asset manager HMC Capital HMC.AX will acquire Global Switch Australia in A$1.94 billion ($1.29 billion) deal, the Australian firm said on Thursday, as the company looks to tap into the booming data centre sector. nL4N3LZ2GS


(Compiled by Rajarshi Roy and Rishi Kant in Bengaluru)

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.