Deals of the day-Mergers and acquisitions August 23, 2018
August, 23rd 2018
The following bids, mergers, acquisitions and disposals were reported by 1010 GMT on Thursday:
** The Australian Competition and Consumer Commission cleared the proposed acquisition of APN Outdoor by JCDecaux SA, as well as Ooh!Media’s purcahse of HT&E Ltd’s bus stop advertising business Adshel.
** South African competition watchdog has given Glencore’s bid worth roughly $900 billion for Chevron’s local and Botswana assets the green light, it said.
** India’s Reliance Communications Ltd said it completed the sale of its media convergence nodes and related infrastructure assets worth 20 billion rupees ($285.4 million) to Reliance Jio Infocomm. (Compiled by Karan Nagarkatti in Bengaluru)