Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

Reuters  | May 15, 2017 05:50

Deals of the day-Mergers and acquisitions

May 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday:

** Malaysian palm oil producer Felda Global Ventures Holdings Bhd FGVH.KL said it had signed an initial deal with a unit of China's grain stockpiler aimed at expanding its palm oil supply and distribution network in its third biggest market. Italy's Atlantia ATL.MI launched a 16.34 billion euro ($18 billion) cash-and-share offer for Spain's Abertis ABE.MC on Monday in a bid to create the world's biggest operator of toll roads, with 14,095 km under its management. The general manager of Lebanon's Blom Bank BLOM.BY said on Monday he thinks "there will be a new wave of consolidation" in the country's banking sector. South Africa's Vodacom VODJ.J said on Monday it will buy a 35 percent stake in Safaricom SCOM.NR from its parent company Vodafone VOD.L for 34.6 billion rand ($2.59 billion), expanding its reach into Kenya. SNC-Lavalin SNC.TO will not raise its offer for British engineering and construction firm WS Atkins ATKW.L unless it faces a rival bid for the British firm, the Canadian construction and engineering group said on Monday. Gold producer Eldorado Gold Corp ELD.TO has agreed to buy the remaining shares of Integra Gold Corp ICG.V , to expand its mining opportunities in the Eastern Abitibi region of Canada. As U.S. paintmaker PPG Industries (NYSE:PPG) PPG.N considers whether to keep pursuing Dutch peer Akzo Nobel AKZO.AS after being rebuffed three times, the fate of the Dulux owner is moving into uncharted territory.

Related News

Latest comments

Add a Comment
Please wait a minute before you try to comment again.
Write a reply...
Please wait a minute before you try to comment again.

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.

English (USA) English (UK) English (India) English (Australia) English (South Africa) English (Philippines) English (Nigeria) Deutsch Español (España) Español (México) Français Italiano Nederlands Polski Português (Portugal) Português (Brasil) Русский Türkçe ‏العربية‏ Ελληνικά Svenska Suomi עברית 日本語 한국어 简体中文 繁體中文 Bahasa Indonesia Bahasa Melayu ไทย Tiếng Việt हिंदी
Sign out
Are you sure you want to sign out?
Saving Changes


Download the App

Get free real time quotes, charts and alerts on stocks, indices, currencies, commodities and bonds. Get free top of the line technical analysis/predictors. is better on the App!

More content, faster quotes and charts, and a smoother experience is available only on the App.