August 12, 2019 / 10:28 AM / 9 days ago

Deals of the day-Mergers and acquisitions

(Adds Grupo Boticário, CBS, Jet Airways, Delek, Deliveroo, T-Mobile, Barrick Gold; updates Air Canada, Osram)

Aug 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

** Barrick Gold Corp, is not actively seeking to sell its Tongon mine in Ivory Coast and the Massawa project in Senegal but will consider various options for both, Chief Executive Mark Bristow told Reuters on Monday.

** Brazilian cosmetics firm Grupo Boticário said on Monday it had agreed to buy e-commerce platform Beleza na Web for undisclosed amount, as part of plans to strengthen its online presence while competition intensifies in the beauty business.

** Oregon has joined a multistate lawsuit to block the merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp, the New York attorney general’s office, which is leading the lawsuit along with California, said on Monday.

** CBS Corp and Viacom Inc are in the final stages of negotiating an all-stock merger that values Viacom at a discount to its closing price on Friday, two sources told Reuters.

** Creditors’ hopes of resurrecting India’s Jet Airways and salvaging some value from the bankrupt airline were dealt a fresh blow on Monday as two potential investors said they were no longer interested in putting money into the business.

** Israel’s Delek Group said on Monday it was in talks with a range of investors to raise up to $300 million ahead of a planned listing of its Ithaca Energy business.

** British food delivery service Deliveroo will cease operations in Germany on Friday to focus on other markets in Europe and beyond, a spokesman for the Amazon-backed company said on Monday.

** Dutch health technology company Philips said it has no plans for an offer to counter German rival Siemens Healthineers’ bid for Corindus Vascular Robotics .

** British energy supplier SSE said on Saturday it was in talks with OVO Group about the sale of its energy retail arm which serves 5.7 million households in Britain.

** BlackRock Inc’s new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up an $875 million stake in Authentic Brands Group LLC, making it the largest investor in the U.S.-based entertainment company, the fund said on Sunday.

** Osram said on Monday it would consider a takeover by Austrian sensor maker AMS that trumps a competing bid by Bain and Carlyle CG.O with a cash offer valuing the German lighting group at 4.3 billion euros ($4.8 billion)

** Nine Entertainment offered to buy the remaining stake in Macquarie Media in a deal which values the company at A$275.4 million ($186.8 million), consolidating the broadcaster’s position in radio.

** Air Canada’s revised C$720 million ($544 million) bid for Canadian tour operator Transat AT is a fair offer and should secure investor backing for the transaction, Transat’s fourth-largest shareholder said on Monday.

** Great Pacific Capital Corp has offered to take private Canadian integrated forest products company Canfor Corp at C$16 per share, or about C$2 billion ($1.51 billion) overall, payable in cash, it said.

** Saudi Aramco is planning a multibillion dollar investment in India’s Reliance Industries as the energy giant diversifies its oil business, where weaker prices cut its first-half profit by 12%.

** Spanish energy firm Iberdrola has agreed to sell a 40% share in British offshore wind project East Anglia One to the Green Investment Group, it said. (Compiled by Aakash Jagadeesh Babu and C. Nivedita in Bengaluru)

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