Advertisement
Singapore markets open in 1 hour 57 minutes
  • Straits Times Index

    3,292.69
    +10.64 (+0.32%)
     
  • S&P 500

    5,018.39
    -17.30 (-0.34%)
     
  • Dow

    37,903.29
    +87.37 (+0.23%)
     
  • Nasdaq

    15,605.48
    -52.34 (-0.33%)
     
  • Bitcoin USD

    57,771.22
    -2,728.15 (-4.51%)
     
  • CMC Crypto 200

    1,272.25
    -66.82 (-4.99%)
     
  • FTSE 100

    8,121.24
    -22.89 (-0.28%)
     
  • Gold

    2,331.40
    +20.40 (+0.88%)
     
  • Crude Oil

    79.08
    +0.08 (+0.10%)
     
  • 10-Yr Bond

    4.5950
    -0.0910 (-1.94%)
     
  • Nikkei

    38,274.05
    -131.61 (-0.34%)
     
  • Hang Seng

    17,763.03
    +16.12 (+0.09%)
     
  • FTSE Bursa Malaysia

    1,575.97
    -6.69 (-0.42%)
     
  • Jakarta Composite Index

    7,234.20
    -7,155.78 (-49.73%)
     
  • PSE Index

    6,700.49
    -69.15 (-1.02%)
     

Deals of the day-Mergers and acquisitions

(Adds Advent International, Aditya Birla Fashion)

April 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Monday:

** Private equity firm Advent International has agreed to buy Canada's Nuvei in an all-cash deal that values the Ryan Reynolds-backed payments technology firm at $6.30 billion.

** Apparel retailer Aditya Birla Fashion and Retail (ABFRL) said it was planning to demerge Madura Fashion & Lifestyle into a separate listed entity.

** Kimmeridge Energy Management said it remained ready to engage with SilverBow Resources over its takeover bid, days after the U.S. oil and gas producer rejected the latest offer that valued it at $2.1 billion including debt.

ADVERTISEMENT

** Vienna-based fireproof materials maker RHI Magnesita plans to buy Resco Group, a U.S.-based producer of alumina and refractories for an enterprise value of up to $430 million, the companies said.

** Discover Financial Services or Capital One Financial will pay a termination fee of $1.38 billion if the merger of the firms falls through under certain circumstances, a regulatory filing showed on Thursday.

** Formula One's U.S.-based owner Liberty Media have announced a takeover of MotoGP's parent company Dorna, valuing the world's leading motorcycle racing championship at 4.2 billion euros ($4.53 billion), MotoGP said in a statement.

** Russian lender Sovcombank said it had received regulatory approval to acquire Home Bank, a leader in commodity lending.

** Singapore's competition watchdog had looked into the likelihood of the now-collapsed talks between Grab Holdings and Delivery Hero raising worries about competition in the food delivery market, the regulator said .

** Nippon Steel intends to pursue its proposed acquisition of U.S. Steel and wants its "deep roots" in the United States to be recognised, its new president said - remarks that come after U.S. President Joe Biden expressed opposition to the deal. (Compiled by Rajarshi Roy and Granth Vanaik in Bengaluru)