Deals of the day-Mergers and acquisitions
On October 15, various mergers and acquisitions were reported, including Eletrobras selling its stake in Eletronuclear for 535 million reais, S&P Global acquiring With Intelligence, and Hillenbrand being bought by Lone Star for $3.8 billion. An investor group led by BlackRock and Nvidia is set to purchase Aligned Data Centers for $40 billion. Altice France rejected a bid from three rivals, while Santander is merging Openbank with its consumer finance business. Bouygues Telecom and others made a non-binding offer for Altice's activities in France, and Enagas is in talks to acquire GIC's stake in Terega.
Oct 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:
Brazilian power company Eletrobras <
ELET3.SA
- said in a securities filing that it signed a contract with J&F for the sale of its stake in the state-run Eletronuclear for 535 million reais ($97.87 million).
S&P Global <
SPGI.N
- has agreed to buy private markets data provider With Intelligence, the company said , as it looks to expand its products for the fast-growing segment of financial services.
Hillenbrand <
HI.N
- said it will be acquired by investment firm Lone Star in an all-cash deal with an enterprise value of about $3.8 billion, sending the industrial equipment maker’s shares up more than 18% in premarket trading.
An investor group, including BlackRock <
BLK.N
- and Nvidia <
NVDA.O
, will buy Aligned Data Centers from Macquarie Asset Management <
MQG.AX
- in a deal worth $40 billion, the companies said , as AI infrastructure expansion powers on.
China’s United Energy Group <
0467.HK
- has purchased Apex International Energy, which has eight oil concessions producing 11,000 barrels a day in Egypt’s Western Desert, Apex said .
Altice France, the owner telecoms firm SFR, has rejected a bid from three French rivals to buy the operator, Altice CEO Arthur Dreyfuss told staff in a memo , setting back a potential deal that could spur more consolidation in the European telecoms market.
Spain’s Santander (SAN.MC) is merging its digital lender Openbank with its consumer finance business in Europe as part of a drive to simplify its structure and reduce costs, the bank said.
Bouygues Telecom (BOUY.PA) , Free-iliad Group and Orange (ORAN.PA) said on Tuesday they had submitted a non-binding offer to acquire a large part of Altice’s activities in France for a total enterprise value of 17 billion euros.
Spanish gas grid operator Enagas (ENAG.MC) is in talks to acquire Singaporean sovereign wealth fund GIC’s 32% stake in Terega, France’s second-largest gas transmission operator, according to two people familiar with the situation.
