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Deals of the day-Mergers and acquisitions

Published 09/01/2020, 02:00 am
Updated 09/01/2020, 02:07 am
© Reuters.  Deals of the day-Mergers and acquisitions

(Adds Engie, OTP, ViocomCBS)

Jan 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Wednesday:

** France's Engie ENGIE.PA is considering acquiring a hydroelectric dam owned by Brazilian state power company Companhia Paranaense de Energia CPLE6.SA , newspaper Valor Economico reported. Hungary's OTP OTPB.BU is interested in buying more banks in Slovenia after purchasing the regional unit of France's Societe Generale SOGN.PA last year, OTP's chief executive and chairman Sandor Csanyi told a news conference in Ljubljana. Caltex Australia CTX.AX confirmed it has been approached by UK-based EG Group and others to acquire some or all of its assets, setting up a potential A$9 billion ($6 billion) bidding war against Canada's Alimentation Couche-Tard ATDb.TO . Global miner Anglo American Plc AAL.L is in advanced talks to buy fertiliser company Sirius Minerals SXX.L for about 386 million pounds ($507 million), throwing a potential life-line to Britain's biggest mining project. CITIC Ltd 0267.HK , the main listed arm of Chinese state-owned conglomerate CITIC Group, plans to sell a 22% stake in McDonald's Corp's MCD.N mainland China and Hong Kong business, which is likely to be bought by the group's private equity arm. China's Huishang Bank 3698.HK will take over four branches of Baoshang Bank BAOTO.UL under a state-led reorganisation of the Inner Mongolia-based lender, two sources told Reuters, as part of Beijing's drive to reduce financial risks from small lenders. Spanish pharmaceuticals company Esteve has agreed to buy German peer Riemser from Ardian, the French buyout group said in a statement. British construction materials firm Breedon Group Plc BREE.L said it would buy certain UK assets and operations from Mexico's CEMEX SAB de CV CEMEXCPO.MX for 178 million pounds ($233.79 million), strengthening its position in Britain and Ireland.

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