Get Premium Data for Cyber Monday: Up to 55% Off InvestingProCLAIM SALE

Deals of the day-Mergers and acquisitions

Published 04-03-2021, 08:00 pm
Updated 05-03-2021, 05:12 am
CAGR
-
AMGN
-
AV
-
CNPP
-
MFEB
-
WM
-
CWY
-
SEVI
-
CSGP
-
WIPR
-
PSMGn
-
PCVI
-
RRTL
-
FPRX
-
BANO
-
OKTA
-

(Adds Serie A and Mercator (NS:MRCT) Medical; updates Amgen Inc )

March 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2330 GMT on Thursday:

** Drugmaker Amgen Inc AMGN.O is buying Five Prime Therapeutics FPRX.O for about $1.9 billion to expand its line of gastric cancer drug candidates and its presence in Asia-Pacific, the companies said. A private equity consortium has told Serie A it plans to present an updated proposal to buy a stake in the media business of Italy's top soccer league as it remained interested in a deal, three sources said. Polish medical gloves producer and distributor Mercator Medical MRCP.WA is planning an acquisition spree, including in foreign markets, after its value ballooned during the COVID-19 pandemic, its chief executive said. U.S. property data and analytics company CoreLogic Inc CLGX.N rebuffed peer CoStar Group Inc's CSGP.O sweetened buyout offer, saying it required improvement in terms of value. Wipro Ltd WIPR.NS said it would buy British consultancy Capco for $1.45 billion in cash, as the Indian software giant looks to boost its offerings for the financial services industry that generates the bulk of its revenue. ProSiebensat.1 Media PSMGn.DE is not in talks on a potential merger with minority shareholder Mediaset MS.MI , CEO Rainer Beaujean said, while an expression of interest in a deal by RTL RRTL.DE was not practically relevant. Creval PCVI.MI investor Hosking Partners still believes Credit Agricole 's CAGR.PA takeover bid for the Italian lender is "much lower" than the bank's fair value, as the rivals draw closer to a formal offer, an executive of the fund manager said. Sweden's Nordax Bank offered to buy Oslo-listed Norwegian Finans Holding NOFI.OL , the owner of Bank Norwegian, in a cash transaction valued at 17.8 billion Norwegian crowns ($2.10 billion). CNP Assurances CNPP.PA has signed an agreement to buy British insurer Aviva 's AV.L life insurance businesses in Italy for 543 million euros ($655 million), the French insurer said. Australia's Cleanaway Waste Management (NYSE:WM) CWY.AX said it had expressed interest in buying the local assets of waste and water management firm Suez SEVI.PA should the French company pursue a sale of the business. Identity management company Okta Inc OKTA.O said on Wednesday it has agreed to buy its smaller rival Auth0 in a $6.5 billion all-stock deal, one of the largest software deals so far this year.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.