July 19, 2019 / 10:10 AM / 2 months ago

Deals of the day-Mergers and acquisitions

(Updates Anheuser-Busch InBev, PepsiCo)

July 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

** Barrick Gold Corp has struck a deal to buy out fellow shareholders in Acacia Mining after raising its offer to end a two-month standoff between the world’s second biggest gold miner and its African unit.

** Anheuser-Busch InBev, the world’s largest brewer, is selling its Australian operations to Japan’s Asahi for $11 billion and could revive the stalled flotation of its Asian business as it looks to cut debt.

** PepsiCo Inc has struck a deal to buy South Africa’s Pioneer Food Group Ltd for $1.7 billion, the companies said on Friday, lifting Pioneer’s shares and boosting a sector that has been hit by drought and tough trading conditions.

** The biggest investor in Aston Martin offered to buy another 3% stake in the luxury carmaker, whose shares have slumped since listing last year.

** UK oil and gas company Amerisur Resources Plc said it had received a non-binding proposal as well as other indicative offers for some assets as the company reviews strategic options, including a potential sale.

Compiled by Nivedita Balu in Bengaluru

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