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Deals of the day-Mergers and acquisitions

Published 21/04/2020, 08:30 pm
© Reuters.
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(Adds OPAP)

April 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

** OPAP OPAr.AT , Europe's fourth-largest gaming company, has agreed to acquire a controlling stake in the fast-growing Greek and Cypriot business of online bookmaker Stoiximan, it said. The London Stock Exchange said it was committed to completing its $27 billion takeover of data company Refinitiv in the second half of the year, with no plans to revise its savings targets for the deal as a deep recession beckons. Pharos Energy PHARP.L said it was withdrawing from a consortium evaluating the acquisition of Shell Egypt NV's RDSa.L assets in Western Desert in Egypt, amid a collapse in global oil prices. Australian mineral explorer New Century Resources NCZ.AX said nickel miner IGO Ltd IGO.AX would buy out nearly one-fifth of the company by subscribing for shares under a capital raising plan, with further plans for a partnership. Brazilian grains producer Terra Santa Agro SA TESA3.SA is considering selling part of its land to reduce debt, Chief Executive Officer Jose Humberto Teodoro Junior said on Monday.

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