The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday:
German luxury carmakers Daimler and BMW have offered concessions to address EU antitrust concerns about their plan to combine their car-sharing businesses, the European Commission said.
Sev.en Energy will modify its offer for Czech CEZ’s Pocerady coal-fired power plant, the company’s chief executive Lubos Pavlas told reporters.
Japanese oil refiner Idemitsu Kosan finalised a deal to buy out Showa Shell Sekiyu through a share swap in a transaction worth about $5.6 billion.
Amazon.com Inc is likely to buy at least 7 percent to 8 percent stake in India’s Future Retail Ltd through an investment arm, CNBC-TV 18 reported, citing sources.
Spanish utility Iberdrola said it had agreed to sell its stake in its conventional generation assets, held by the company Scottish Power, to Drax for around 801 million euros ($927 million) as part of its asset rotation plans.
Sweden’s Ambea said it was buying rival Aleris’ care operations - primarily nursing homes and assisted living - in Sweden, Denmark and Norway for an estimated 3 billion crowns ($334.9 million).
Singapore sovereign wealth fund GIC is taking a minority stake in Denmark-based Nordic Aviation Capital (NAC), the world’s largest lessor of regional aircraft said in a statement.
The world’s biggest miner BHP, nearly doubled its stake in SolGold Plc, bolstering its influence alongside top shareholder Newcrest Mining as it eyes SolGold’s promising Cascabel copper-gold project in Ecuador.
Brazil’s for-profit education company Kroton Educacional SA sees “a lot of room” for more acquisitions following a series of deals, Chief Executive Officer Rodrigo Galindo told journalists.
Cloud technology company Twilio Inc said it would buy email technology firm SendGrid Inc in an all-stock deal valued at about $2 billion, combining two firms that handle communications between apps and their users. (Compiled by Mary Ann Alapatt in Bengaluru)
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