Deals of the day-Mergers and acquisitions

Reuters
06 Jun
Deals of the day-Mergers and acquisitions

June 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0945 GMT on Friday:

** Miniso Group 9896.HK said it was making a preliminary assessment on a potential spin-off listing of its pop toy business operating under the brand, "TOP TOY".

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** Brazilian rail operator Rumo <RAIL3.SA> said it has decided to terminate a 2024 agreement to sell part of a terminal at Latin America's largest port to U.S. commodities trader Bunge <BG.N> and a subsidiary of Japan's Zen-Noh Group.

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** Brazil's Brava Energia <BRAV3.SA> signed a $65 million deal to sell a 50% stake in midstream natural gas infrastructure assets in the state of Rio Grande do Norte to PetroReconcavo <RECV3.SA>, the companies said in separate filings.

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** Vietnam Airlines said it has formed a joint venture with China Southern Airlines, the first such aviation partnership between the two countries.

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** Newly launched sovereign wealth fund Danantara Indonesia is in early talks with GoTo >to get a piece of U.S.-listed rival Grab's GRAB.O potential buyout of the ride-hailing and food delivery firm, Bloomberg News reported.

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(Compiled by Rajarshi Roy and Ateev Bhandari in Bengaluru)

((Ateev.Bhandari@thomsonreuters.com))

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