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Deals of the day-Mergers and acquisitions

Published 2019-05-22, 09:11 a/m
© Reuters.  Deals of the day-Mergers and acquisitions
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May 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1300 GMT on Wednesday:

** Brazilian makeup brand Natura Cosmeticos SA NATU3.SA said it is in advanced talks to acquire U.S. group Avon Products Inc (NYSE:AVP) AVP.N via a share swap.

Canopy Growth Corp WEED.TO said it would buy skincare company This Works for C$73.8 million ($55.2 million), adding beauty and sleep products to the Canadian weed producer's portfolio of cannabis oil, hemp and medical capsules.

The U.S. Justice Department's antitrust division staff has recommended the agency file a lawsuit to block T-Mobile US Inc's TMUS.O $26 billion acquisition of smaller rival Sprint Corp S.N , according to two sources familiar with the matter.

Commerzbank CBKG.DE may refine its strategy and is still open to mergers following the collapse of talks with its larger rival Deutsche Bank DBKGn.DE , the lender's chief executive said.

Aurubis NAFG.DE , Europe's biggest copper smelter, said it had agreed to buy Belgian-Spanish recycling company Metallo Group for 380 million euros ($424 million) as part of an acquisition-led shift into other metals.

Canadian miner Barrick Gold Corp ABX.TO said it has proposed to acquire all of the shares it does not already own in Acacia Mining Plc ACAA.L through a share-for-share exchange of 0.153 Barrick shares for each ordinary share of Acacia.

Saudi Aramco has entered into a 20-year agreement with U.S.-based Sempra Energy (NYSE:SRE) SRE.N to purchase liquefied natural gas(LNG) from its subsidiary Sempra LNG, the two companies said.

The founders of Oriflame ORIFL.ST have made an offer to buy out the shares in the Swedish beauty products company they do not own, valuing the company at 12.9 billion crowns ($1.3 billion).

Amgen AMGN.O , the world's largest biotechnology company, agreed to buy Scandinavian biopharmaceutical company Nuevolution AB NUEVOL.ST for 1.61 billion Swedish crowns ($166.8 million) to boost its position in drug discovery.

U.S. payments technology firm Nuvei Corp said it would buy SafeCharge International Group Ltd SCHS.L in an all-cash deal valued at $889 million to expand in the fast-growing electronic payments industry.

Solabia Group, a French maker of natural active ingredients for the cosmetic, pharmaceutical, and microbiology industries, said it had acquired Israel's Algatech.

Thyssenkrupp's TKAG.DE supervisory board has left the door open for a potential sale of the group's elevator unit, which CEO Guido Kerkhoff prefers should be listed on the stock exchange, two people familiar with the matter said.

Pret A Manger has bought smaller rival EAT, the British sandwich and coffee shop chain said, as it looks to capitalise on the thriving vegan and vegetarian market through its Veggie Pret brand.

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