Deals of the day-Mergers and acquisitions

Reuters
2024-11-08
Deals of the day-Mergers and acquisitions

Adds: Sembcorp Industries Updates:

Nov 8 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 1430 GMT on Friday:

** Singapore-based Sembcorp Industries SCIL.SI said it will sell its unit, Sembcorp Environment, to a unit of Indonesian energy company TBS Energi Utama TOBA.JK for S$405 million ($306.6 million).

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** Private equity firm KKR KKR.N has become the largest shareholder in Japanese software developer Fuji Soft 9749.T after completing the first stage of a two-part tender offer, KKR said in a statement on Thursday. nL4N3MF065

** BlackRock Inc BLK.N is in early-stage talks with hedge fund Millennium Management about a strategic tie-up that could involve acquiring a minority stake in the hedge fund, two sources familiar with the matter said. nS0N3L5002

(Compiled by Rajarshi Roy and Kamal Choudhury in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com;))

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