Today’s transactions Mergers and acquisitions


December 14 (Reuters) – The following deals, mergers, acquisitions and divestitures were reported at 3:00 p.m. GMT on Tuesday:

** Australian biopharmaceutical giant CSL Ltd (CSL.AX) has announced that it will buy Swiss drugmaker Vifor Pharma AG (VIFN.S) for $ 11.7 billion as it aims to diversify beyond its blood plasma collection business which has been affected by the COVID-19 brakes. Read more

** 3M Co (MMM.N) has announced that it will merge its food safety business with food testing and animal health product maker Neogen Corp (NEOG.O) in a franchise transaction to tax, as the industrial giant sharpens its focus on healthcare. Read more

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** Materials science firm Footprint Inc has agreed to go public through a merger with a blank check company run by billionaire Alec Gores, in a deal that values ​​the combined entity to about $ 1.6 billion, including debt, the companies said. Read more

** Germany’s ZF Friedrichshafen, one of the world’s largest auto parts suppliers, has acquired a 5% stake in Silicon Valley mobility software startup Apex.AI as part of a fundraiser led by investment firm Orillion. Read more

** Royal Dutch Shell (RDSa.L) has announced that it will acquire US energy and solar energy storage developer Savion from Macquarie’s Green Investment Group (MQG.AX), to expand its global solar portfolio as part of its drive to go net zero. emissions.

** Grab Holdings Ltd, the largest ridesharing and food delivery company in Southeast Asia, buys Malaysian grocery chain Jaya Grocer Holdings Sdn, according to a filing with the US Securities and Exchange Commission. United. Read more

** The Italian gas infrastructure group Snam (SRG.MI) has agreed to purchase a series of biomethane assets from Asja Ambiente Italia as part of its plans to develop its green gas activity. Read more

** Brazilian investment firm Itausa SA (ITSA4.SA) reported having sold 7.8 million Class A shares in brokerage firm XP Inc (XP.O), raising 1.2 billion reais ( $ 211.75 million) through the transaction. Read more

** Rentokil (RTO.L) has agreed to buy US rival Terminix Global (TMX.N) in a $ 6.7 billion deal, further bolstering the UK company’s pest control activities by North America and strengthening its expertise in residential services and termites.

** British public transport group National Express (NEX.L) is acquiring rival StageCoach (SGC.L) in an all-out deal, the companies said, consolidating amid a recovery in the number of passengers after pandemic lows and an impending end to state aid. Read more

** Private equity firm BGH Capital has proposed a A $ 607.3 million ($ 431.37 million) buyout from Australian Virtus Health (VRT.AX) after acquiring a 10% stake, the fertility service provider said, pushing its shares up by more than a third. Read more

** MGM Resorts International (MGM.N) announced Monday that it will sell the operations of the Mirage hotel and casino in Las Vegas to Hard Rock International for approximately $ 1.08 billion in cash. Read more

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Compiled by Rajarshi Roy and Amruta Khandekar in Bengaluru

Our standards: Thomson Reuters Trust Principles.


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