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- Reuters SG
Deals of the day-Mergers and acquisitions
** Brazil's Diagnosticos da America (Dasa) and health insurance operator Amil have agreed to combine their hospital businesses, setting up a joint venture with almost 10 billion reais ($1.86 billion) in net revenue, the firms said. ** Privately owned fintech group ION has received a green light from Italy's central bank to buy bad loan and property manager Prelios from U.S. hedge fund Davidson Kempner, two sources with knowledge of the matter said. ** Spain's Sabadell has postponed the completion of the sale of its retailers' payments business to Nexi after becoming the target of a hostile takeover by BBVA, two sources with knowledge of the matter said.
- Reuters
Exclusive-Equinor suspends UK North Sea Rosebank sale ahead of British election, sources say
LONDON (Reuters) -Norwegian energy giant Equinor has suspended efforts to sell a stake in the giant Rosebank oil development in the UK North Sea due to fiscal uncertainty ahead of next month's election in Britain, sources close to the matter said on Friday. The opposition Labour party commands a clear lead over Sunak's Conservative party in polls. Equinor earlier this year launched the sale of a 20% stake in the $3.8 billion Rosebank oil development, the largest project in the ageing basin in recent years.
- Barrons.com
NYC Offshore Wind Hub Gives Industry a Much-Needed Win
The Brooklyn hub will supply an offshore wind project being built by Norwegian energy giant Equinor.
