Deals of the day-Mergers and acquisitions

Reuters

Oct 31, 2022

Oct 31 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0940 GMT on Monday:

** Italian spirits group Campari said it had reached an agreement to buy an initial 70% stake in Wilderness Trail Distillery for $420 million, strengthening its bourbon offer.

** Blockchain company Valereum said it has received regulatory approval to buy the Gibraltar Stock Exchange $(GSX)$ and turn it into a gateway to European capital for fledgling companies from the Middle East, India. and Africa.

** U.S. industrial firm Emerson Electric Co is selling a majority stake in its climate-technologies unit to Blackstone Inc , in a deal that would value the unit at $14 billion including debt, the Wall Street Journal reported.

** Australia's Nitro Software said it would back a near-A$500 million ($320.15 million) offer from KKR Inc's

Alludo that trumps an earlier bid from major shareholder Potentia Capital Management.

** COSCO Shipping Holdings Co Ltd said it has agreed to buy port assets from its parent for an aggregate 19.7 billion yuan ($2.7 billion) as it aims to build a global digital supply chain for its customers.

(Compiled by Rajarshi Roy and Akash Sriram in Bengaluru)

((Akash.Sriram@tr.com;))

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Italian spirits group Campari    said it had reached an agreement to buy an initial 70% stake in Wilderness Trail Distillery for $420 million, strengthening its bourbon offer.</p><p>   ** Blockchain company Valereum    said it has received regulatory approval to buy the Gibraltar Stock Exchange <a href=\"https://laohu8.com/S/GSX\">$(GSX)$</a> and turn it into a gateway to European capital for fledgling companies from the Middle East, India. and Africa. </p><p>   ** U.S. industrial firm Emerson Electric Co    is selling a majority stake in its climate-technologies unit to Blackstone Inc   , in a deal that would value the unit at $14 billion including debt, the Wall Street Journal reported.   </p><p>   ** Australia's <a href=\"https://laohu8.com/S/NTO.AU\">Nitro Software</a>    said it would back a near-A$500 million ($320.15 million) offer from KKR Inc's</p><p>  Alludo that trumps an earlier bid from major shareholder Potentia Capital Management. </p><p>   ** COSCO Shipping Holdings Co Ltd    said it has agreed to buy port assets from its parent for an aggregate 19.7 billion yuan ($2.7 billion) as it aims to build a global digital supply chain for its customers. </p><p>(Compiled by Rajarshi Roy and Akash Sriram in Bengaluru)</p><p>((Akash.Sriram@tr.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 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The following bids, mergers, acquisitions and disposals were reported by 0940 GMT on Monday:</p><p>   ** Italian spirits group Campari    said it had reached an agreement to buy an initial 70% stake in Wilderness Trail Distillery for $420 million, strengthening its bourbon offer.</p><p>   ** Blockchain company Valereum    said it has received regulatory approval to buy the Gibraltar Stock Exchange <a href=\"https://laohu8.com/S/GSX\">$(GSX)$</a> and turn it into a gateway to European capital for fledgling companies from the Middle East, India. and Africa. </p><p>   ** U.S. industrial firm Emerson Electric Co    is selling a majority stake in its climate-technologies unit to Blackstone Inc   , in a deal that would value the unit at $14 billion including debt, the Wall Street Journal reported.   </p><p>   ** Australia's <a href=\"https://laohu8.com/S/NTO.AU\">Nitro Software</a>    said it would back a near-A$500 million ($320.15 million) offer from KKR Inc's</p><p>  Alludo that trumps an earlier bid from major shareholder Potentia Capital Management. </p><p>   ** COSCO Shipping Holdings Co Ltd    said it has agreed to buy port assets from its parent for an aggregate 19.7 billion yuan ($2.7 billion) as it aims to build a global digital supply chain for its customers. </p><p>(Compiled by Rajarshi Roy and Akash Sriram in Bengaluru)</p><p>((Akash.Sriram@tr.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4007","symbol_name":"制药","start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2279080445","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2279080445","pubTimestamp":1667209603,"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, 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the unit at $14 billion including debt, the Wall Street Journal reported.      ** Australia's Nitro Software    said it would back a near-A$500 million ($320.15 million) offer from KKR Inc's  Alludo that trumps an earlier bid from major shareholder Potentia Capital Management.    ** COSCO Shipping Holdings Co Ltd    said it has agreed to buy port assets from its parent for an aggregate 19.7 billion yuan ($2.7 billion) as it aims to build a global digital supply chain for its customers. 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