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Deals of the day-Mergers and acquisitions

Published 19/10/2019, 07:00 am
© Reuters.  Deals of the day-Mergers and acquisitions
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(Adds AMS and ProSiebenSat.1 Media)

Oct 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 hours GMT on Friday:

** Slovak investor Patrik Tkac has disclosed a 3.6% stake in ProSiebenSat.1 Media PSMGn.DE , the German broadcaster that has for months been a focus of speculation on possible consolidation in the European television industry. Austria's AMS AMS.S plans to launch a new takeover bid for German lighting group Osram OSRn.DE at the same price but lowering the acceptance rate to 55%, to make its vision of becoming a global leader in sensors and lights come true. Norwegian Air NWC.OL has agreed to sell five of its Boeing (NYSE:BA) 737-800 aircraft to a unit of China Aircraft Leasing Group Holdings Ltd 1848.HK boosting its cash, the Oslo-based budget carrier said in a statement. DTE Energy's DTE.N midstream business said it would buy a natural gas gathering system and pipeline in Louisiana's Haynesville shale for $2.25 billion in cash. Popolare di Sondrio BPSI.MI said the European Central Bank had blocked its acquisition of a smaller rival and told the regional Italian bank to clean up its balance sheet first. Australian wealth manager GSFM said it had bought a 49% stake in boutique fund manager Redpoint Investment Management from National Australia Bank-owned NAB.AX MLC Asset Management, for an undisclosed amount. AT&T (NYSE:T) Inc's T.N advertising unit Xandr has purchased clypd, an advertising platform that uses data to better target television ads, a source familiar with the matter said, as Xandr seeks to make TV commercials as personally targeted as internet ads. Australian free-to-air television broadcaster Seven West Media SWM.AX said it planned to buy smaller Prime Media Group PRT.AX for A$63.8 million ($43.55 million), giving it more viewers and a larger share of the advertising market. New Zealand's largest independent broadcaster Mediaworks said it is looking to sell its beleaguered television business and has appointed an adviser to identify potential buyers. Wincanton Plc WIN.L is mulling a possible merger with Eddie Stobart Logistics Plc ESLE.L , the two companies said, in what could create one of Britain's largest logistics company. Europe's second busiest port Antwerp and nearby Zeebrugge have begun talks on a possible merger after nearly two years of exploratory discussions and a study into how the two could work together more.

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