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Deals of the day-Mergers and acquisitions

·3-min read

(Adds Daimler, Adelco, Acea, THG, Spie, Banca Mediolanum, Gett)

Nov 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:

** German carmaker Daimler said its pension trust would sell the shares it holds in French partner Renault , unwinding cross-shareholdings, but added that its industrial collaboration remained intact.

** Brazilian asset manager IG4 Capital has agreed to buy 50% of Chile's logistics operator Adelco for $57 million, it said in a statement.

** Italy's Acea expects to complete a deal to bring on board a financial partner to help it develop its solar power operations by early next year at latest, the Rome-based utility's CEO said.

** U.S.-based asset management firm T. Rowe Price has taken up a 5% stake in online retail platform THG Plc, a regulatory filing showed, making it among the top 10 shareholders in the British company.

** French construction company Eiffage said that it was not preparing a take-over offer for its rival Spie , denying French media reports suggesting that the company was mulling an offer.

** Banca Mediolanum a year ago rebuffed a merger proposal by Milanese investment bank Mediobanca, the chief executive of the Italian asset manager said.

** Corporate transportation company GT Gettaxi Ltd (Gett) will go public by merging with a blank-check firm in a deal valued at $1 billion, the companies said.

** Cement maker Votorantim Cimentos has agreed to acquire HeidelbergCement's operations in southern Spain, the Brazilian company said in a statement.

** Hershey Co has agreed to buy pretzel makers Dot's Pretzels Llc, the owner of Dot's Homestyle Pretzels, and Pretzels Inc in two deals for about $1.2 billion, the company said, as it beefs up its snacking portfolio.

** Czech billionaire investor Daniel Kretinsky's 1890s Holdings group has acquired a 27% stake in English Premier League soccer club West Ham United, a spokesman for the group said.

** Shares of DoorDash Inc jumped 16% after the U.S. food delivery firm inked an $8 billion deal to buy Finnish startup Wolt to grab a slice of the European market and maintain its blistering pace of growth.

** South Africa's Vodacom Group Ltd said it would buy a 55% stake in the Egyptian arm of parent Vodafone Group Plc for $2.74 billion, as it looks at consolidate its presence on the continent and boost profit.

** Entain's U.S. online sportsbook venture BetMGM was one of the reasons why DraftKings' $22 billion offer to buy the British sports betting and gambling firm fell through last month, Entain's boss told Reuters.

** Russia's Yandex said it had started selling clothing, footwear and accessories on its Yandex.Market e-commerce service, months after pulling out of a deal to buy online fashion retailer KupiVIP.

** ICA Gruppen's main owner ICA-handlarnas Forbund and pension fund AMF said they had made a recommended offer for the Swedish grocery retailer that values it at 107.4 billion crowns ($12.5 billion).

** Denmark's Maersk Drilling and U.S. rival Noble Corp will merge in a $3.4 billion deal to form one of the world's largest offshore oil drilling rig companies, they said.

** British industrial software company Aveva Group reported higher interim profit and said growth was expected to continue into the second half, benefiting from its purchase of OSIsoft and as economies recover from the pandemic.

** Conglomerate Keppel Corp has raised its offer to buy Singapore Press Holdings (SPH), excluding its media business, at a valuation of $2.8 billion, heating up a bidding war with a consortium that includes firms linked to state investor Temasek Holdings. (Compiled by Rajarshi Roy, Oishee Majumdar and Sohini Podder in Bengaluru)

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