October 9, 2019 / 10:04 AM / in 4 months

Deals of the day-Mergers and acquisitions

(Adds Eurohold, Scout24, AT&T)

Oct 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:

** Telecommunications carrier AT&T Inc said it will sell its wireless and wireline operations in Puerto Rico and U.S. Virgin Islands to Liberty Latin America Ltd for $1.95 billion in cash.

** Bulgaria's Eurohold hopes to get all necessary approvals and close a 335 million euro ($368 million) deal to buy the Bulgarian assets of Czech utility CEZ by the end of the year, its chairman said.

** German classifieds group Scout24 has attracted interest for its autos unit AutoScout24 from used-car dealing platform Auto1 as well as from several private equity firms, people close to the matter said.

** Japan's Marubeni Corp has put a Brazilian port terminal on sale, four sources familiar with the matter said, aiming to shed an asset that has faced tough competition from rival ports in southern Brazil.

** French marine services group Bourbon Corp, which has been in a court restructuring process after its business was impacted by volatile energy markets, said it had received a takeover offer for its assets.

** Germany's Deutz has bought Futavis GmbH, a maker of battery management systems, as part of a drive by the engine maker to expand its offering of electrified powertrain components, Chief Executive Frank Hiller told Reuters.

** U.S. energy giant Exxon Mobil Corp is considering a sale of its Malaysian upstream offshore assets for up to $3 billion, Bloomberg reported.

** Russian internet company Mail.Ru said it had agreed a joint venture with Alipay, the mobile payments arm of Alibaba Group, along with the Russian Direct Investment Fund (RDIF) and two other Russian partners.

** German public-sector banks Helaba and Deka will consider a merger, a spokeswoman for Germany's savings banks association said, in a sign of consolidation of the country's fragmented banking sector. (Compiled by Trisha Roy in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below