Deals of the day-Mergers and acquisitions
Ithaca Energy agreed to buy a 50% interest in Tobermory gas discovery from Shell UK. Warner Bros Discovery's board wants Paramount Skydance to increase its bid from $23.5 to $30 per share. Grupo Aeroportuario del Sureste signed a contract to buy Motiva's airport portfolio for 11.5 billion reais.
September 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Wednesday: North Sea oil and gas company Ithaca Energy (ITH.L) announced an agreement with oil major Shell UK (SHEL.L) to buy a 50% interest in Tobermory gas discovery, located in the West of Shetland basin, offshore Scotland.
Warner Bros Discovery’s (WBD.O) board wants Paramount Skydance (PSKY.O) to sweeten its latest bid of $23.5 per share to about $30 apiece, Axios reported, citing sources familiar with the matter.
Mexico’s Grupo Aeroportuario del Sureste (ASUR) (ASURB.MX) signed a contract to buy the airport portfolio of Brazilian infrastructure operator Motiva (MOTV3.SA) for 11.5 billion reais ($2.16 billion), including net debt, Motiva said.
