June 21, 2019 / 10:35 AM / a month ago

Deals of the day-Mergers and acquisitions

(Adds Harris Corp, EP Global Commerce)

June 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2045 GMT on Friday:

** EP Global Commerce, an acquisition vehicle owned by Czech and Slovak investors, is making a takeover offer for German retailer Metro that values the company at 5.8 billion euros ($6.60 billion), it said.

** Military communication equipment provider Harris Corp has won European Union approval for the acquisition of L3 Technologies Inc, on the condition that Harris sells its night vision global business, the EU Commission said.

** South African mobile phone operator Vodacom Group Ltd said it had entered into agreements to sell some of its Business Africa operations, which offer business-managed services to enterprises.

** Qatari investment fund Mayhoola will buy a 43.91% share in Turkey's Boyner Perakende, owned by Boyner Holding and the Boyner Family, for $405 million per an agreement in May, the company said, at $1.40 per share.

** UnitedHealth Group Inc has agreed to buy healthcare payments firm Equian LLC from its private-equity owner New Mountain Capital for about $3.2 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

** ​Chevron Phillips Chemical Co LP, a joint venture between Chevron Corp and Phillips 66, has offered to acquire Nova Chemicals Corp for more than $15 billion including debt, people familiar with the matter said on Thursday.

** Puma Energy, the retail and storage arm of commodities trader Trafigura, has hired Bank of America Merrill Lynch to run the sale of some of its assets, sources familiar with the matter said, in an effort to trim debt. (Compiled by Uday Sampath and Saumya Sibi Joseph 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