Today’s transactions Mergers and acquisitions


November 19 (Reuters) – The following deals, mergers, acquisitions and divestitures were reported at 9:00 p.m. GMT on Friday:

** Indian company Reliance Industries Ltd (RELI.NS) said it has decided with Saudi Aramco (2222.SE) to reassess the approximately $ 15 billion investment proposed by the oil giant in the petroleum-chemicals business (O2C) from Reliance.

** Europe’s largest public utility, Enel (ENEI.MI) has become a forerunner to take control of Italian payment company Mooney in a joint tender proposal with Intesa Sanpaolo ( ISP.MI), one of Mooney’s existing investors, two sources told Reuters. Read more

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** SMBC Aviation Capital, one of the 5 largest aircraft rental companies in the world, will buy its small rival Goshawk, reported the Irish Independent newspaper and the trade publication AirFinance Journal. Read more

** Investment group EQT and the Struengmann family, which are investors in BioNTech (22UAy.DE), are considering a joint bid for Sandoz, the generic arm of Swiss drug maker Novartis, reported Handelsblatt. Read more

** Russian lender VTB (VTBR.MM) sold a 4.9% stake in food retailer Magnit (MGNT.MM) through an accelerated bookbuilding process (ABB) for 5,700 rubles ($ 78.28) per share, announced the bank, while it divests entirely of its 17.28% of the capital of the company. Read more

** Ladbrokes owner Entain (ENT.L) made a more than $ 1 billion approach for Estonian gambling company Olympic Entertainment Group, Bloomberg News reported, citing people with knowledge of the matter. Read more

** South Africa’s largest food producer Tiger Brands (TBSJ.J) is set to strike a deal with a company closely aligned with its health and nutrition strategy as the company has also warned against price increases. Read more

** Czech public utility CEZ (CEZP.PR) has registered the acquisition of photovoltaic power plant builder Belectric, a subsidiary of Germany’s RWE (RWEG.DE), the German cartel office said on its website.

** Gopher Investments, the No.2 shareholder of Playtech (PTEC.L), has walked away from a potential three-way buyout battle for the UK gambling software maker, saying it is was committed to entering into a separate agreement to purchase part of the business. . Read more

** The Norwegian Telenor (TEL.OL) and the Thai Charoen Pokphand Group (CP Group) are studying a merger of their telecommunications units in Thailand which could form a new market leader in this Southeast Asian country. Read more

** Investment giant Blackstone Group Inc (BX.N) made a $ 6.2 billion approach for struggling Australian casino company Crown Resorts Ltd (CWN.AX), softening an earlier offer as its main competitor is plagued by regulatory problems.

** Shares of MONETA Money Bank (MONET.PR) jumped more than 6% to an all-time high after the Czech lender reshuffled the financing terms for a proposed KKr 25.9 billion acquisition ( $ 1.2 billion) of banking assets with its main shareholder PPF. Read more

** Delta Air Lines (DAL.N) is considering taking a stake in Italian airline Italia Trasporto Aereo (ITA) to strengthen its presence in the European market, La Repubblica daily reported, citing government sources. Read more

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Compiled by Rajarshi Roy, Amruta Khandekar and Deborah Sophia in Bengaluru

Our Standards: The Thomson Reuters Trust Principles.

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