Edition:
India

Mergers & Acquisitions

UPDATE 2-Transat shareholders approve Air Canada's C$720 mln bid for leisure group

MONTREAL, Aug 23 Transat AT Inc shareholders on Friday overwhelmingly voted in favor of Air Canada's bid for the leisure group, in a deal that still requires domestic and European regulatory approval.

Deals of the day-Mergers and acquisitions

Aug 23 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

1:37am IST

Sinclair completes purchase of divested Fox Regional Sports Networks

WASHINGTON, Aug 23 Sinclair Broadcast Group Inc on Friday completed a $9.6 billion deal to acquire Fox's 22 regional sports networks after the U.S. Justice Department gave its consent.

12:54am IST

Brazil's Itausa delivers highest bid for Petrobras LPG unit- sources

RIO DE JANEIRO/SAO PAULO, Aug 23 A group led by investment firm Itausa Investimentos SA delivered the highest bid to acquire Brazil's state-controlled oil company Petroleo Brasileiro SA LPG distribution unit, two people with knowledge of the matter said.

23 Aug 2019

UPDATE 2-Russian businessman eyes Gazprombank's stake in coal project

MOSCOW, Aug 23 Russia's A-property group, owned by businessman Albert Avdolyan, has requested approval from the country's antimonopoly service to buy 49% of the Elga coal project from Gazprombank, the group said on Friday.

23 Aug 2019

UPDATE 1-Germany's Allianz grows in Brazil with $734 mln deal

BRASILIA/SAO PAULO, Aug 23 Germany's insurer Allianz SE will acquire Brazil's Sul America SA auto and property insurance portfolio for 3 billion reais ($734 million) in its largest push into Latin America's biggest economy, it said in a statement on Friday.

23 Aug 2019

Transat shareholders approve Air Canada's C$720 mln bid for leisure group

MONTREAL, Aug 23 Transat AT shareholders on Friday approved Air Canada's bid for the leisure group, in a deal that still requires domestic and European regulatory approval.

23 Aug 2019

Russian businessman eyes Gazprombank's stake in Elga coal project - Vedomosti

MOSCOW, Aug 23 A-property group, controlled by Russian businessman Albert Avdolyan, has requested an approval from Russia's antimonopoly service to buy a 49% stake in the Elga coal project from Gazprombank, Vedomosti newspaper reported on Friday.

23 Aug 2019

RPT-Japan's biggest asset manager to expand into U.S. market -CEO

LONDON, Aug 23 Japan's biggest asset manager plans to expand into the United States for the first time as part of efforts to win more money from overseas clients, its chief executive told Reuters.

Regulatory News, Japan 23 Aug 2019

UPDATE 3-Trafigura takes stake in Frontline in $675 mln tanker deal

* Companies announced marine fuel oil JV earlier in August (Adds detail on Trafigura financials)