Mergers and Acquisitions Buyins and Buyouts

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  • Nov 25- Billionaire investor Leonard Blavatnik disclosed an 11.4 percent passive stake in Class A shares of mobile payments company Square Inc, which went public earlier this month. The stake in Jack Dorsey-led Square was reported as of Nov. 24. Blavatnik is also the owner of Warner Music Group and holds a stake in popular handbag maker Tory Burch LLC.

  • Nov 25- Ukrainian billionaire Leonard Blavatnik disclosed a 11.4 percent passive stake in Class A shares of mobile payments company Square Inc, which went public earlier this month. The stake in Jack Dorsey-led Square was reported as of Nov. 24. Dorsey is also chief executive of Twitter Inc..

  • Feb 11- Visa Inc, the world's largest payments network operator, disclosed a 9.99 percent holding of Class A shares in mobile payment firm Square Inc.. The stake in the company, run by Twitter Inc CEO Jack Dorsey, was revealed in a regulatory filing on Thursday. Billionaire investor Leonard Blavatnik disclosed in November an 11.4 percent passive stake in Class A...

  • RUSSIA STUDYING OPTIONS FOR OIL FIRM BASHNEFT'S PRIVATISATION, COULD SELL CONTROLLING STAKE, OR 25 PERCENT VIA STOCK EXCHANGE- SOURCES.

  • LONDON, Feb 12- Oil major LUKOIL has told the Russian government it wants to buy mid-sized rival Bashneft, with the state still studying whether to sell a controlling or minority stake in the firm to plug a budget deficit, sources told Reuters. It is Russia's second-largest oil producer and its biggest private oil firm, already producing as much oil as OPEC nations...

  • Feb 11- Visa Inc, the world's largest payments network operator, disclosed a 9.99 percent stake in mobile payment firm Square Inc, making it one of the top five shareholders. The stake in the company, run by Twitter Inc CEO Jack Dorsey, was revealed in a regulatory filing on Thursday. Billionaire investor Leonard Blavatnik disclosed in November an 11.4 percent...

  • SAO PAULO, Feb 10- U.S. Elo Participacoes SA, a holding company controlled by Banco Bradesco SA and Banco do Brasil, has been in negotiations to buy Citigroup's 49 percent stake in Elavon do Brasil. A deal, though, could be slowed or complicated by Brazil's antitrust regulator, Cade, the two sources said.

  • *H1 underlying NPAT A $375 mln vs A $336 mln expected by analysts. *H1 net loss A $449 mln vs A $308 mln net profit previous year. SYDNEY, Feb 10- A week after quitting a gas business hammered by depressed oil prices, Australia's AGL Energy fast-tracked on Wednesday a shift into another competitive market by buying a stake in U.S. solar battery maker Sunverge Energy.

  • MUMBAI, Feb 9- Russia's top oil producer Rosneft is still carrying out due diligence to buy a stake in Essar Oil Ltd, the Indian group which runs India's second biggest private sector refinery said on Tuesday. Last week, Bloomberg reported that the company was in talks with Saudi Arabia's biggest oil company Saudi Aramco and National Iranian Oil Company to sell a...

  • PARIS, Feb 8- Casino could beat a 4 billion euro asset disposal target this year following the sale of its Thai business, the French retailer's finance chief said on Monday. The sale of a 58.6 percent stake in Big C for 3.1 billion euros, excluding debt, to Thailand's TCC Group is part of a plan by Casino to reduce its 6 billion euros of debt. Casino's sale of its Big C...

  • BANGKOK, Feb 8- Investors in Big C, one of Thailand's largest supermarket chains, cheered on Monday an up to $3.5 billion deal by France's Casino Group to sell its majority holding to TCC Group, owned by whiskey tycoon Charoen Sirivadhanabhakdi. Shares in Big C Supercenter hit a 13- month high of 251 baht on Monday, just below the offer price of 252.88 baht, and jumped...

  • BANGKOK, Feb 8- Shares in Thailand's Big C Supercenter surged more than 9 percent to a 13- month high on Monday after France's Casino Group agreed to sell its majority stake in the Thai hypermarket operator to TCC Group at a premium. The French retailer said on Sunday it had agreed to sell its 58.6 percent of Big C to TCC Group at 252.88 baht per share, a 28 percent...

  • BANGKOK, Feb 8- Shares in Thailand's Big C Supercenter surged more than 9 percent to a year high on Monday after France's Casino Group agreed to sell its majority stake in the Thai hypermarket operator to TCC Group. At 0303 GMT, Big C shares were up 9.6 percent to 249 baht, the highest since late January 2015, while the overall market index was up 0.16 percent.

  • *Deal to boost tycoon Charoen's retail presence in Thailand. HONG KONG/ BANGKOK, Feb 7- France's Casino Group has agreed to sell its majority stake in Thai hypermarket operator Big C Supercenter for 3.1 billion euros excluding debt to Thailand's TCC Group, it said on Sunday. Casino announced a 4- billion-euro disposal plan in 2016, including the sale of its...

  • Feb 5- Greek-yogurt maker Chobani LLC, founded by billionaire Hamdi Ulukaya, said on Friday it had rejected offers from beverage giant PepsiCo Inc and other investors. Chobani worked with Goldman Sachs Group Inc to explore the sale after being approached by several parties in 2015.. The decision to reject the offer was due in part to the terms, Chobani said in an...

  • ArcelorMittal launched plans to raise $3 billion in fresh capital in a bid to reduce debt in the face of weak steel and mining sectors.

  • Feb 4- Real estate investment trust Hersha Hospitality Trust said it would sell seven hotels in Manhattan to a joint venture it will set up with China's Cindat Capital Management Ltd for $571.4 million. The hotels include Holiday Inn Express Times Square and Holiday Inn Wall Street. Cindat will hold a 70 percent stake in the joint venture, while Hersha will have a...

  • DUBAI, Feb 4- An investment firm led by one of Dubai's top businessmen, Mohamed Alabbar has agreed to buy a controlling stake worth $1.7 billion in Kuwait Food Co, from Kuwait's al-Kharafi family. Americana, which owns the Middle East franchises for popular fast food chains KFC and Pizza Hut as well as producing a range of branded consumer foods for markets...

  • Jan 25- David Einhorn's hedge fund Greenlight Capital said it has been in talks with SunEdison Inc for a board seat and seeks to make some changes at the company, including sales of assets or even the company. The hedge fund also said it had a 4 percent stake in SunEdison as of Jan. 15, according to a regulatory filing. The Wall Street Journal reported on Sunday that...

  • AMSTERDAM, Jan 22- Philips's plan to shed its lighting businesses suffered a setback on Friday when a $3.3 billion deal to offload the components division to Asian buyers was blocked by the United States on security grounds. The agreement to sell an 80 percent stake in the Lumileds division based in California ran into opposition from the Committee on Foreign...