Deals of the day-Mergers and acquisitions

Reuters

Dec 20, 2024

Dec 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Friday:

** Credit Agricole agreed to buy Santander's

30.5% stake in custody and asset servicing entity Caceis, the banks said, in a deal that will give the French lender full control of the business.

** Australian conglomerate Wesfarmers said it would sell its industrial gas supply arm, Coregas, to Japanese multinational firm Nippon Sanso for A$770 million ($480.33 million).

** Australia's Hotel Property Investments said, after reassessing the takeover bid, it has recommended shareholders to accept the offer from a consortium led by Charter Hall Retail REIT , which valued the pub owner at A$755.8 million ($471.47 million).

(Compiled by Rajarshi Roy and Kritika Lamba in Bengaluru)

((Kritika.Lamba@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2492181424"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2492181424\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2492181424?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-20 18:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2492181424","market":null,"top_or_hot":-1,"title":"Deals of the day-Mergers and acquisitions","media":"Reuters","content":"<html><body><p>Dec 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Friday:</p><p>    ** Credit Agricole    agreed to buy Santander's</p><p>  30.5% stake in custody and asset servicing entity Caceis, the banks said, in a deal that will give the French lender full control of the business.</p><p>   ** Australian conglomerate Wesfarmers    said it would sell its industrial gas supply arm, Coregas, to Japanese multinational firm Nippon Sanso    for A$770 million ($480.33 million).</p><p>   ** Australia's Hotel Property Investments    said, after reassessing the takeover bid, it has recommended shareholders to accept the offer from a consortium led by Charter Hall Retail REIT   , which valued the pub owner at A$755.8 million ($471.47 million).</p><p> (Compiled by Rajarshi Roy and Kritika Lamba in Bengaluru)</p><p>((Kritika.Lamba@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Deals of the day-Mergers and acquisitions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDeals of the day-Mergers and acquisitions\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-12-20 18:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Dec 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Friday:</p><p>    ** Credit Agricole    agreed to buy Santander's</p><p>  30.5% stake in custody and asset servicing entity Caceis, the banks said, in a deal that will give the French lender full control of the business.</p><p>   ** Australian conglomerate Wesfarmers    said it would sell its industrial gas supply arm, Coregas, to Japanese multinational firm Nippon Sanso    for A$770 million ($480.33 million).</p><p>   ** Australia's Hotel Property Investments    said, after reassessing the takeover bid, it has recommended shareholders to accept the offer from a consortium led by Charter Hall Retail REIT   , which valued the pub owner at A$755.8 million ($471.47 million).</p><p> (Compiled by Rajarshi Roy and Kritika Lamba in Bengaluru)</p><p>((Kritika.Lamba@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XAO.AU","symbol_name":"标普/澳交所 普通股指数","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2492181424","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492181424","pubTimestamp":1734691055,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Dec 20  - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Friday:    ** Credit Agricole    agreed to buy Santander's  30.5% stake in custody and asset servicing entity Caceis, the banks said, in a deal that will give the French lender full control of the business.   ** Australian conglomerate Wesfarmers    said it would sell its industrial gas supply arm, Coregas, to Japanese multinational firm Nippon Sanso    for A$770 million .   ** Australia's Hotel Property Investments    said, after reassessing the takeover bid, it has recommended shareholders to accept the offer from a consortium led by Charter Hall Retail REIT   , which valued the pub owner at A$755.8 million . ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XAO.AU":"标普/澳交所 普通股指数","WES.AU":"WESFARMERS LTD","BK7152":"酒店及度假村房地产信托","BK7010":"特种房地产投资信托","XJO.AU":"标普/澳交所 200指数","HPI.AU":"HOTEL PROPERTY INVESTMENTS","BK7162":"零售房地产信托","BK7005":"零售业房地产投资信托","XKO.AU":"标普/澳交所 300指数","CQR.AU":"CHARTER HALL RETAIL REIT","BK7150":"酒店及度假村房地产投资信托"},"translate_title":"今日交易-并购","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XJO.AU":0.77,"WES.AU":0.9,"XAO.AU":0.77,"XKO.AU":0.77,"HPI.AU":0.9,"CQR.AU":0.9},"content_text":"Dec 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Friday:    ** Credit Agricole    agreed to buy Santander's  30.5% stake in custody and asset servicing entity Caceis, the banks said, in a deal that will give the French lender full control of the business.   ** Australian conglomerate Wesfarmers    said it would sell its industrial gas supply arm, Coregas, to Japanese multinational firm Nippon Sanso    for A$770 million ($480.33 million).   ** Australia's Hotel Property Investments    said, after reassessing the takeover bid, it has recommended shareholders to accept the offer from a consortium led by Charter Hall Retail REIT   , which valued the pub owner at A$755.8 million ($471.47 million). (Compiled by Rajarshi Roy and Kritika Lamba in Bengaluru)((Kritika.Lamba@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}