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Deals of the day-Mergers and acquisitions

Published 08/01/2021, 10:11 pm
Updated 09/01/2021, 08:06 am
© Reuters.
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(Adds MGM Resorts, United Site Services and Hapvida)

Jan 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

** Billionaire Barry Diller's InterActiveCorp, the largest shareholder in MGM Resorts International MGM.N , supports the casino operator's $11 billion takeover approach for Ladbrokes (LON:LCL) owner Entain Plc ENT.L , the U.S. company said. Portable toilets vendor United Site Services Inc is exploring a sale that could value it at around $4 billion, including debt, as its hand wash stations business sees strong demand during the pandemic, people familiar with the matter said. Brazilian healthcare company Hapvida HAPV3.SA has delivered a non-binding proposal to take over rival Notre Dame Intermedica GNDI3.SA , according to securities filings by both companies, creating one of country's largest healthcare providers. Blackstone (NYSE:BX) BX.N won over Signature Aviation's SIGSI.L biggest shareholder Bill Gates for a possible $4.3 billion bid for the British private jet servicing company, going head-to-head with another potential suitor Carlyle CG.O . Cisco Systems Inc CSCO.O sought a court order asking Acacia Communications Inc ACIA.O to close the $2.84 billion deal, just over an hour after the optical component maker terminated the merger agreement. South Korea's Hyundai Motor Co 005380.KS said it was in early talks with Apple AAPL.O , after local media reported the firms were discussing an electric car and battery tie-up, sending Hyundai shares surging 25%. A spokeswoman for Publicis PUBP.PA denied that the French advertising group was holding any kind of merger talks after a report by British trade publication Campaign triggered a sharp jump in its share price. Video-streaming device maker Roku Inc ROKU.O said it had acquired the global distribution rights to Quibi's content library, nearly three months after the short-form video streaming app was shut down following an unsuccessful run. Polish media group Agora AGOP.WA will appeal against the decision of the anti-monopoly watchdog to block its takeover of radio broadcaster Eurozet. FAR Ltd FAR.AX said it would delay a shareholder vote on a stake sale in the Sangomar oil project in Senegal to Woodside Petroleum WPL.AX for Remus Horizons PCC Ltd to finalise funding for its takeover offer.

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