Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Deals of the day-Mergers and acquisitions

Wed, 28th Nov 2018 21:00

(Adds Sears, Nutrien, DEPA, Murphy Oil, Acuris, Evoca, PAG,Eaton Corp, MTN Group, Restaurant Group, Eurasia Drilling;updates Unilever, Experian, NordLB)

Nov 28 (Reuters) - The following bids, mergers, acquisitionsand disposals were reported by 2100 GMT on Wednesday:

** Sears Holdings Corp Chairman Eddie Lampert'shedge fund and Cyrus Capital Partners LP are preparing apotential takeover bid to keep the bankrupt retailer running,Bloomberg reported.

** Canadian fertilizer giant Nutrien will auctionits 23.77 percent share in Chile's SQM on Dec. 3, theChilean stock exchange said, a final step toward completing thesale of a coveted stake in the world´s No. 2 lithium producer toChina's Tianqi.

** Greece's state-controlled DEPA gas company has concludedthe acquisition of Shell's 49 percent stake in adomestic gas supplier and in a gas distributor in Athens,becoming the sole stakeholder in the two companies, it said.

** Murphy Oil Corporation is in talks to sell its Malaysianoil and gas assets after an unsolicited bid that could fetchbetween $2 billion to $3 billion, people familiar with thematter said, in the latest energy M&A deal in the SoutheastAsian nation.

** European buyout fund BC Partners is preparing to sell itsfinancial news and data business Acuris in a deal that could beworth more than 1 billion pounds, three sources with knowledgeof the matter told Reuters.

** Private equity fund Lone Star has hired Deutsche Bank toexplore a potential sale of its Italian vending and coffeemachine maker Evoca, which includes iconic brand Gaggia, EvocaCEO Andrea Zocchi told Reuters.

** Hong Kong-based PAG's bid to buy Spring Real EstateInvestment Trust fell through as it failed to securethe required acceptances from the realty firm's unitholders.

** U.S.-listed power management company Eaton Corpis in advanced talks to buy Turkey's Ulusoy Elektrikfor around $300 million, two sources with knowledge of the dealtold Reuters.

** A South African state-owned pension fund has raised itsstake in mobile phone operator MTN Group to nearly 24percent, regulatory filings showed, a bet on the company in themiddle of $10.1 billion dispute with Nigeria.

** Restaurant Group's investors approved itsproposed acquisition of noodle chain Wagamama, a day after proxyvoting adviser Pensions and Investment Research ConsultantsLimited asked shareholders to oppose the deal.

** Russia's sovereign wealth fund, Mubadala of the UnitedArab Emirates and Saudi Arabia are in talks to buy a 16 percentstake in Russian oil drilling firm Eurasia Drilling, the head ofthe Russian fund said.

** German public sector bank NordLB has received fourbinding bids from private equity groups for a stake in the bank,a source close to the matter said.

** Canada's Ensign Energy Services Inc said onTuesday 56.38 percent of Trinidad Drilling Ltd shareshave been tendered in its hostile offer, resulting in rivalbidder Precision Drilling Corp walking away and theresignation of Trinidad's top executives.

** Britain's competition watchdog indicated it may blockcredit data company Experian's takeover of rivalClearScore and warned the deal could stifle development ofdigital products that help customers understand personalfinances.

** Shares of India's Jet Airways Ltd rose sharplyfollowing a report that founder Naresh Goyal has agreed to sellhis controlling stake and give up operational control of thestruggling carrier.

** Telecom operator Zain Saudi Arabia has acceptedan offer from IHS Holding, a mobile tower operator, for the saleand leaseback of its tower infrastructure in a deal valued at2.43 billion riyals ($647.7 million), it said.

** French cosmetics maker L'Occitane International SAis drawing bids from private equity firms, includingAdvent International, the Financial Times reported.

** Unilever has emerged as the leading bidder in atight contest for GlaxoSmithKline's Indian Horlicksnutrition business, three people familiar with the situationtold Reuters.(Compiled by Mary Ann Alapatt and Bharath Manjesh in Bengaluru)

More News
27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.

Read more
21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.

Read more
15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time producers from the ageing basin.

Read more
7 Feb 2022 10:52

Berenberg nudges up target price on Shell

(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating the firm was "on a roll".

Read more
31 Jan 2022 10:53

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

Read more
31 Jan 2022 07:48

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

Read more
28 Jan 2022 11:25

Shell's renewables boss steps down after less than two years

* Elisabeth Brinton leaves for new role, she says* Shell creates two new renewables leadership roles* Thomas Brostrøm to head renewables generation* Steve Hill to head energy marketingBy Ron BoussoLONDON, Jan 28 (Reuters) - Shell's head of renewable...

Read more
27 Jan 2022 16:14

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
26 Jan 2022 17:02

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

Read more
26 Jan 2022 14:36

China's Sinopec awards fewer cargoes in recent LNG tender

By Chen Aizhu and Marwa RashadSINGAPORE/LONDON, Jan 26 (Reuters) - Unipec, the oil and gas trading arm of China's Sinopec Corp has awarded fewer-than-planned cargoes in a recent tender to sell up to 45 cargoes of liquefied natural gas for 2022 del...

Read more
26 Jan 2022 12:16

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

Read more
26 Jan 2022 09:33

UPDATE 2-Commodity, bank stocks lead FTSE 100 higher; Playtech drops

* Oil and banking shares top gainers* Wizz Air reports Q3 loss, expects improvement in spring* FTSE 100 up 1.3%, FTSE 250 add 1.1% (Updates to market close)By Shashank Nayar and Ambar WarrickJan 26 (Reuters) - London's FTSE 100 rose on Wednesday wit...

Read more
26 Jan 2022 09:12

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

Read more
25 Jan 2022 21:13

UPDATE 1-U.S. awards 13 mln barrel exchange of crude from strategic reserve

(Adds details on sale, background on 50 million barrel SPR plan)WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to ...

Read more
25 Jan 2022 20:10

U.S. awards exchange of 13 mln barrels of crude from strategic reserve

WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to seven companies.The companies are Shell Trading US, 4.2 million ...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.