Deals of the day-Mergers and acquisitions
On Nov 10, several significant mergers and acquisitions were reported. JTC accepted a buyout proposal from Permira valued at £2.3 billion. AUB Group allowed EQT AB to form a consortium with CVC Asia Pacific for a proposed A$5.25 billion takeover. Rumble is acquiring Northern Data for $767 million in an all-stock deal. AGL Energy agreed to sell its 20% stake in Tilt Renewables for A$750 million. Acclime is seeking bidders for a deal potentially worth over $900 million.
Nov 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday: London-listed financial services firm JTC (JTC.L) said that it has accepted a fourth revised buyout proposal from British private equity firm Permira, valuing the company at 2.3 billion pounds ($3.09 billion).
AUB Group has allowed Swedish private equity firm EQT AB to form a consortium with CVC Asia Pacific to jointly pursue a proposed A$5.25 billion ($3.41 billion) takeover of the company, the Australian insurance broker said.
Video platform Rumble (RUM.O) , which hosts President Donald Trump’s social media platform Truth Social, is buying German AI cloud company Northern Data (NB2.DE) in a roughly $767 million all-stock deal, according to a statement.
Australia’s AGL Energy (AGL.AX) has agreed to sell nearly all of its 20% stake in clean energy developer Tilt Renewables for A$750 million ($487 million), booking a big profit on the sale to its two existing government investment fund partners.
Acclime, a Hong Kong-based advisory and corporate services firm, has selected a handful of bidders to submit binding offers for the company, in a deal that could value the firm at more than $900 million, three people with knowledge of the transaction said.
